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Nicolas Romo
Direct Office:
800-659-4610
sellingcasas@gmail.com

DRE# 01787685
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Nicolas Romo
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Direct Office:
800-659-4610
sellingcasas@
gmail.com

DRE# 01787685
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370 Hemi Road,  Arroyo Grande CA, 93420

(Active)
$5,495,000
|
|
MLS# PI23152050
Last Updated: 5/17/2024 3:04 AM
Description for 370 Hemi Road Arroyo Grande, CA 93420
Rare opportunity to purchase a turn key Central Coast citrus and avocado ranch in the Dana Foothills just south of Arroyo Grande. The unique Banana Belt climate has historically not required frost protection saving both time and money. Water is provided by a high production ag well, powered by a new diesel motor installed in 2022. This amazing property has been completely transformed by current ownership. 27 acres of new lemons were planted in 2020. The mature lemon and avocado trees have previously been heavily pruned. The ranch will benefit from these prior improvements with 2023 being the first year of full production. The roads, irrigation system and shop are all in tip top shape. There is a also a 5000 sf +/- metal shop with concrete floors. The guest quarters was completely remodeled in in August of 2020. The property features two potential homesites, one with views of Avila Bay with power and water nearby.
Price
$5,495,000
San Luis Obispo
PI23152050
Active
Description
Rare opportunity to purchase a turn key Central Coast citrus and avocado ranch in the Dana Foothills just south of Arroyo Grande. The unique Banana Belt climate has historically not required frost protection saving both time and money. Water is provided by a high production ag well, powered by a new diesel motor installed in 2022. This amazing property has been completely transformed by current ownership. 27 acres of new lemons were planted in 2020. The mature lemon and avocado trees have previously been heavily pruned. The ranch will benefit from these prior improvements with 2023 being the first year of full production. The roads, irrigation system and shop are all in tip top shape. There is a also a 5000 sf +/- metal shop with concrete floors. The guest quarters was completely remodeled in in August of 2020. The property features two potential homesites, one with views of Avila Bay with power and water nearby.
Listing Information
Property Type: Land, Other
103 Acres Public Records
Well
Septic Tank
Electricity Connected,Water Connected
Neighborhood
Room Information
Exterior / Lot Features
0 Covered Parking Spaces,
Mountain, Ocean, Vineyard
AG
Agricultural,Orchard(s)
Driving Directions
Heading North on hwy 101 from Los Berros Road, turn right on Hemi Road
Financial Considerations
047311003
Cash,Cash to New Loan,1031 Exchange
Listing Price History

Arroyo Grande Real Estate

Arroyo Grande is located in California. Arroyo Grande, California 93420 has a population of 17,885.

The median household income in Arroyo Grande, California 93420 is $90,457. The median household income for the surrounding county is $77,840 compared to the national median of $66,222. The median age of people living in Arroyo Grande 93420 is 40 years.

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Listing Agent: John Cole CalDRE: 01939498 - Allan Real Estate Investments, john@allanrealestate.com
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This content last refreshed on 5/17/2024 3:04 AM CST. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
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