Bought with Tony Ford • Luxe Places International Realty
$2,625,000
$2,625,000
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11,979,000 SqFt
SOLD DATE : 06/19/2019
Key Details
Sold Price $2,625,000
Property Type Vacant Land
Sub Type Agriculture
Listing Status Sold
Purchase Type For Sale
Square Footage 11,979,000 sqft
Price per Sqft $0
MLS Listing ID 21715505
Sold Date 06/19/19
HOA Y/N No
Lot Size 275.000 Acres
Acres 275.0
Property Description
Over 5,600 tons of pears and 144 tons of grapes. 2017 Gross Income $2,400,000, estimated net income $800,000 - this 275+/- acre pear and grape farm is one of the agricultural jewels of Northern California's pear and wine country. This ranch features 212 acres of high production Bartlett and Golden Bosc pears, as well as 18+/- acres of high-producing Sauvignon Blanc. 9k GPM of water. Productive ground with an approx CAP rate in 2017 of 16.5%
Location
State CA
County Lake
Area Lake County
Zoning Agricultural
Exterior
Fence None
Utilities Available Phone Connected
Building
Sewer Septic Tank
Water Agricultural Well, Private Well
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