• 370 Hemi Road Arroyo Grande, CA 93420

  • $5,495,000
  • 3
    Bed(s)
  • 1
    Baths
  • 1,056
    Sq Ft
  • 4486680
    Sqft
  • Listed By: John Cole, Allan Real Estate Investments, DRE #01939498
  • Source: CRMLS

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 Type :

Residential

County :

San Luis Obispo

Style :

Residential

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Property Details

 

Bedroom Information

Total Bedrooms : 3

Bathroom Information

Total Baths: 1

Full Baths: 1

Water/Sewer

Water Source : Well

Sewer : Septic Tank

Interior Features

Fireplace: None

Cooling Features

None

Air Conditioning

Fireplace

Fireplace Features: None

Has Fireplace: 0

Building Information

Year Built: 1948

Pool Features

None

Laundry Features

Inside

Lot Details

Lot Dimensions Source: Vendor Enhanced

Lot Size Acres: 103

Lot Size Source: Public Records

Lot Size Square Feet: 4486680

Listing Price Information

Original List Price: 5,495,000

Listing Contract Date: 2023-08-14

Lease Information

Listing Agreement: Exclusive Right To Sell

Tax Information

Parcel Number: 047311003

Garage and Parking

Homeowners Association

Rental Info

Lease Term: Negotiable

Other Property Info

Source Listing Status: Active

Source Neighborhood: AG-East of Hwy 101

Directions: Heading North on hwy 101 from Los Berros Road, turn right on Hemi Road

Zoning: AG

Source Property Type: Residential

Area: AG-East of Hwy 101

Property SubType: Single Family Residence

Building and Construction

Property Age: 76

Common Walls: No Common Walls

Property Condition: Turnkey

Structure Type: Single Family Residence

Year Built Source: Public Records

Total Square Feet Living: 1056

Entry Level: 1

Entry Location: ground level

Levels or Stories: One

Building Total Stories: 1

Structure Type: House

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619 Faeh Avenue, Arroyo Grande, CA,93420 $812,500 3 2 1,311 6250 Sqft
370 Hemi Road, Arroyo Grande, CA,93420 $5,495,000 -- -- -- 4486680 Sqft

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ByOwner last updated this listing 04/29/2024 @ 11:12

MLS: PI23135163
LISTED BY: John Cole, Allan Real Estate Investments
SOURCE: CRMLS
Buyer Agency Compensation: 2%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.

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