370 Hemi Road, Arroyo Grande

$5,495,000

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0 Bed
0 Bath
103 Acres
0 Garage

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.

Essential Information

MLS® #
PI23152050
Price
$5,495,000
Bathrooms
0.00
Acres
103.00
Type
Land
Status
Active

Community Information

Address
370 Hemi Road
Area
AG-East of Hwy 101
City
Arroyo Grande
County
San Luis Obispo
Zip Code
93420
Community Features
Rural
Senior Community
N

Amenities

View
Mountain(s), Ocean, Vineyard

Utilities

Electricity Connected, Water Connected

Exterior

Lot Description
Agricultural, Orchard(s)

Additional Information

Date Listed
August 14th, 2023
Days on Market
203
Zoning
AG

Listing Details

Agent
John Cole
Office
Allan Real Estate Investments
Property History
Status Changed from Pending to Active
Status Changed from Active to Pending

LISTING MAP

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Based on information from California Regional Multiple Listing Service, Inc. as of May 5th, 2024 at 12:25pm PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.