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$1,270,000
Est. payment /mo
40.62 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Lots/Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID SW24248044
HOA Fees $200/ann
Lot Size 40.620 Acres
Property Sub-Type Lots/Land
Property Description
Excellent avocado grove that include mostly 20 year old trees that are in full production with an additional 400 trees that were added in 2021 for a total of 3700+- providing a potential for excellent income and cash flow; there is also more space available for additional planting. Irrigation recently updated with all new sprinklers and is supplied by a 3 water meter, & 2 wells with five 5,000 gallon tanks. One additional well also on the property currently not in use. Property also has electricity already on the property. Fenced and gated access, grove roads in very good condition & the property has a gentle slope that increases to allow for good drainage. Located at the end of a Cul-De-Sac with incredible views of the surrounding countryside that seller says includes a view of the ocean on a clear day; this would provide the perfect location for an estate home since it already has a flat pad that seller says has been graded for building. This is one of the best agricultural investments available in the area and a definite must see. Grove records and projections are available for review to serious buyers. The seller is willing to stay on as long as needed to assist in the transition ensuring the grove continues to improve in production and profitability
Location
State CA
County Riverside
Direction I-15 exit Rancho California Rd go west, left on De Luz Rd, right on Carancho Rd, right on Calle Colina. Property is at the end o
Interior
Fireplace No
Exterior
Fence Partial
Utilities Available Electric
View Y/N No
Others
HOA Name Santa Margarita
Senior Community No
Tax ID 932190009
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Listed by Edward Beaudet, DRE#01486267 KW Temecula
Nearby School & Business
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