370 Hemi, Arroyo Grande, CA 93420
370 Hemi, Arroyo Grande, CA 93420
370 Hemi, Arroyo Grande, CA 93420
370 Hemi, Arroyo Grande, CA 93420
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$ 4,325,000
Est. payment | /mo

107.31 Acres Lot


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$ 4,325,000
Est. payment | /mo
Save

107.31 Acres Lot

Key Details

Property Type Vacant Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID SC26056166

HOA Y/N No

Lot Size 107.310 Acres

Property Description

The property consists of approximately 70± acres of producing agricultural land planted to a mix of avocado and lemon orchards. Approximately 9.8 acres are planted with mature avocados, 33 acres are planted with mature lemon trees, and about 27 acres are planted with lemons established in 2020. This diverse planting mix offers a balance of stable, current production from the mature orchards along with long-term upside potential from the younger lemon plantings as they continue to progress toward full maturity and higher yields. According to the owner, the orchards have not required wind machines since the initial planting, suggesting a favorable microclimate that may help reduce both operating expenses and future capital improvement costs. The property offers two potential home site locations with ocean views, including one site already equipped with water and power. A recently remodeled single-story residence provides modern comfort while preserving the charm and character of a rustic farmhouse aesthetic. In addition to the existing home, the property features multiple elevated building site opportunities showcasing sweeping ocean and valley views. A substantial ±5,000 square foot shop building further enhances the functionality of the ranch and includes a working shower and bathroom. Altogether, this versatile offering is well-suited for buyers seeking both dependable agricultural income and exceptional residential lifestyle potential.

Location

State CA

County San Luis Obispo

Area Ag-East Of Hwy 101

Zoning Ag

Interior

Fireplace No

Exterior

Fence Fair Condition

Community Features Rural

Utilities Available Electricity Connected, Propane, Water Connected

View Y/N Yes

View Ocean, Orchard

Present Use Agricultural,Residential,Single Family

Building

Lot Description Agricultural, Orchard(s)

Water Well

New Construction No

Others

Senior Community No

Tax ID 047311003

Acceptable Financing Cash, Cash to New Loan, 1031 Exchange

Listing Terms Cash, Cash to New Loan, 1031 Exchange

Special Listing Condition Standard

Lease Land No

CRMLS Full IDX Feed (MAIN Website Search)
Listed by James Stollberg Rincon Corporation 805-310-9322, DRE #02282911
NEARBY SCHOOL & BUSINESS
Donnie Bowen

+1(949) 290-9754

[email protected]

22502 Avenida Empresa, Rancho Santa Margarita, California, 92688, USA

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370 Hemi