Incredible Income Potential! This Lucerne Valley property features a 10-acre parcel, as well as another 10-acre parcel, for a grand total of 20 acres. The land is currently home to approximately 1600 7-year-old Jujube trees, generating an annual income of around $200,000 from the Jujube trees alone. In addition to this substantial revenue stream, there are also earnings from various other fruit trees like persimmons on the premises.
As the Jujube trees mature, you can expect annual yields to increase by 20-30% per year. The property is well-equipped, featuring two storage houses with permits and commercial licenses. There are also machinery assets, including two automatic drying machines (originally valued at $50,000).
Water supply is abundant with two wells on the property. One features a 5-horsepower electric pump capable of delivering 80 gallons per minute, while the other is equipped with a 3-horsepower electric pump capable of 50 gallons per minute. Additionally, the property includes five greenhouses and a specialized car park greenhouse. Convenience is not overlooked, as the property features two separate standalone bathrooms with water heaters, one of which includes a shower. The entire 20-acre property is securely fenced.
The living quarters consist of a 2-bedroom, 2-bathroom house with 1200 square feet of living space. Don't let this outstanding opportunity slip through your fingers. Schedule a viewing appointment today to explore all that this property has to offer!
Property Type :
Residential
County :
San Bernardino
Style :
Residential
Sell a home like this and save $38,501 Find Out How
Copyright © 2024 by the Multiple Listing Service of the California Regional MLS®. This information is believed to be accurate but is not guaranteed. Subject to verification by all parties. This data is copyrighted and may not be transmitted, retransmitted, copied, framed, repurposed, or altered in any way for any other site, individual and/or purpose without the express written permission of the Multiple Listing Service of the California Regional MLS®.
Information Deemed Reliable But Not Guaranteed. Any use of search facilities of data on this site, other than by a consumer looking to
purchase real estate, is prohibited.
ByOwner last updated this listing 05/02/2024 @ 04:29
MLS: TR23164236
LISTED BY: Xue Li, Berkshire Hathaway HomeServices California Properties
SOURCE: CRMLS
Buyer Agency Compensation: 2.5%
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.
