Skip To Content

370 Hemi Road

Arroyo Grande, CA 93420
  • $5,495,000
  • STATUS: Active
  • ON SITE: 285 Days
  • ID#: PI23135163
UPDATED: 105 min ago
$5,495,000
  • 3
    BEDS
  • 103
    ACRES
  • 1
    BATHS
  • 0
    1/2 BATHS
  • 1,056
    SQFT
  • $5,204
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1948
County:

School Ratings & Info

School District:
Listing Agent(s): John Cole of Allan Real Estate Investments (805-473-7500) and Dennis Allan of ()


Description

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.

Monthly Payment Calculator



Based on information from California Regional Multiple Listing Service, Inc. as of 2024-05-26T14:33:09.597. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Lori Thompson | Coldwell Banker Realty. Licensed in the State of California, USA.
www.housesforsalesocal.com/homes/142418673
Print Image

370 Hemi Road Arroyo Grande, CA 93420

  • Price: $5,495,000
  • Status: Active
  • On Site: 285 Days
  • Updated: 105 min ago
  • ID#: PI23135163
3
Beds
1
Baths
0
½ Baths
103
Acres
1,056
SQFT
$5,204
$/SQFT
1948
Built
Neighborhood:
Ag-East Of Hwy 101
County:
San Luis Obispo
Area:
Ag-East Of Hwy 101
School District:
Lucia Mar Unified
Property Description
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.
Exterior Features

Attached Garage YN No Entry Level 1 Entry Location ground level Lot Features AgriculturalOrchard(s) Parking Total 2 Pool Features None Pool Private YN No Property Attached YN No Road Surface Type Unimproved Sign On Property YN Yes View Mountain(s)OceanVineyard View YN Yes

Interior Features

Common Walls No Common Walls Cooling None Cooling YN No Fireplace Features None Fireplace YN No Main Level Bathrooms 1 Main Level Bedrooms 3

Property Features

Additional Parcels YN No Association Fee 0 Association YN No Common Interest None Community Features Rural Garage YN Yes Land Lease YN No Laundry Features Inside Lease Considered YN No Levels One Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash to New Loan1031 Exchange New Construction YN No Property Condition Turnkey Property Sub Type Single Family Residence Senior Community YN No Sewer Septic Tank Special Listing Conditions Standard Structure Type House Utilities Electricity ConnectedWater Connected Water Source Well Zoning AG



Based on information from California Regional Multiple Listing Service, Inc. as of 2024-05-26T14:33:09.597. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Lori Thompson | Coldwell Banker Realty. Licensed in the State of California, USA.
 
https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_2_371803966-2.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_2_371803966-2.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_2_371803966-2.jpg
Logo
Lori Thompson | Coldwell Banker Realty
19440 Goldenwest Street
Huntington Beach CA, 92648
Listing Agent(s): John Cole of Allan Real Estate Investments (805-473-7500) and Dennis Allan of ()