370 HEMI ROAD, ARROYO GRANDE, CA 93420

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370 Hemi Road
Arroyo Grande, CA 93420

$5,495,000

Baths:
Listing #PI23152050
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.
Property Features
Location Information
County: San Luis Obispo
MLS Area: AG-East of Hwy 101
Community: Rural
Directions: Heading North on hwy 101 from Los Berros Road, turn right on Hemi Road
Exterior Features
Water / Sewer: Septic Tank
Water Source: Well
Septic or Sewer: Septic Tank
Utilities: Electricity Connected, Water Connected
Has Garage: No
Lot Description: Agricultural, Orchard(s)
Lot Size in Acres: 103
Lot Size in Sq. Ft.: 4,486,680
Zoning: AG
Has View: Yes
View Description: Mountain(s), Ocean, Vineyard
Has a Vineyard: Yes
Additional Information
Property Type: LL
Year Built: 0
APN: 047311003
Status: Active
Is Aged Restricted: No
HOA Fee: $0
Lot Square Feet Source: Public Records
Days on Market: 174


$ per month
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Monthly Tax: $
Monthly Insurance: $
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List Price:
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Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
This listing is courtesy of John Cole Allan Real Estate Investments
(CA BRE # shown above if in IDX data)
john@allanrealestate.com
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IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All data is deemed reliable but is not guaranteed accurate. Sale information is for personal and informational purposes only and is not an indication of a market analysis or an appraisal. Source MLSs include California Regional Multiple Listing Service, Inc. (CRMLS).
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