6780 Estrella Road

    Paso Robles, CA 93446
    • $3,250,000
    • STATUS: Pending
    • ON SITE: 386 days
    • ID#: NS18210267
    Pending
    UPDATED: 81 min ago
    $3,250,000
    • 0
      BEDS
    • 81.4
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Vacant Land / Lots
    County:

    School Ratings & Info

    Description

    Johnny Appleseed would certainly approve of this outstanding agricultural investment opportunity! Fair Hills Farm is ideally located amongst beautiful vineyards and rolling hills of the Paso Robles wine country. In fact, this 81+ AC offering is only a few miles to the Paso Robles Airport & Hwy 46E, and is less than 10 miles to downtown. Nearby wineries, golf courses and estate ranches provide an idyllic location to ultimately build a dream estate home amid the mature shade trees and near your own private reservoir/pond. But that is just the icing on the cake. What makes Fair Hills Farm so opportune is the impressive income generated from this large scale orchard operation (with over 23,000 trees planted, this is a true business venture of grand proportion)! Based on accounting from a 2017 Certified Producers Certificate, FHF is estimated to have 20,000 apple trees alone, plus a hearty variety of stone fruit trees (incl. apricot, nectarine, peach, pear, plum, cherry, etc), and is believed to be one of the largest growers on the Central Coast. And this equates to a highly profitable business, with gross income ranging from 600K- 800K/YR. Depending upon an owners involvement, this kind of gross revenue can result in a NET income between 300-500K/YR! Sale includes all equipment for continued operation (cold storage, tractors, etc), existing distribution accounts + a high volume AG well. Want a vineyard? Ask about the nearly 3/1 offset allowed. (NOTE: San Miguel mailing address)

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-09-19T13:47:56.44. 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 J1 REALTY GROUP. Licensed in the State of California, USA.
    www.j1re.com/homes/86970995

    6780 Estrella Road Paso Robles, CA 93446

    • Price: $3,250,000
    • Status: Pending
    • Updated: 81 min ago
    • ID#: NS18210267
    0
    Beds
    0
    Baths
    0
    ½ Baths
    81.4
    Acres
    Neighborhood:
    Pr Rural East(170)
    County:
    San Luis Obispo
    Area:
    Prne - Pr North 46-East 101
    Property Description
    Johnny Appleseed would certainly approve of this outstanding agricultural investment opportunity! Fair Hills Farm is ideally located amongst beautiful vineyards and rolling hills of the Paso Robles wine country. In fact, this 81+ AC offering is only a few miles to the Paso Robles Airport & Hwy 46E, and is less than 10 miles to downtown. Nearby wineries, golf courses and estate ranches provide an idyllic location to ultimately build a dream estate home amid the mature shade trees and near your own private reservoir/pond. But that is just the icing on the cake. What makes Fair Hills Farm so opportune is the impressive income generated from this large scale orchard operation (with over 23,000 trees planted, this is a true business venture of grand proportion)! Based on accounting from a 2017 Certified Producers Certificate, FHF is estimated to have 20,000 apple trees alone, plus a hearty variety of stone fruit trees (incl. apricot, nectarine, peach, pear, plum, cherry, etc), and is believed to be one of the largest growers on the Central Coast. And this equates to a highly profitable business, with gross income ranging from 600K- 800K/YR. Depending upon an owners involvement, this kind of gross revenue can result in a NET income between 300-500K/YR! Sale includes all equipment for continued operation (cold storage, tractors, etc), existing distribution accounts + a high volume AG well. Want a vineyard? Ask about the nearly 3/1 offset allowed. (NOTE: San Miguel mailing address)
    Exterior Features

    Lot Features Agricultural - Tree/Orchard Lot Size Source Assessor Lot Size Units Acres View HillsPanoramicReservoirVineyard View YN Yes

    Property Features

    Additional Parcels YN No Association Fee 0.00 Association YN No Community Features Rural Country Us Current Use Comments Land is Currently Planted in Apple And Stone Fr... Distance To Water Comments On Site Elevation Units Feet Exclusions Existing (Harvested) Fruit inventory in Cold Storage is Negotiable. Travel Trailers (Two) Are Not included But May Be Negotiable. Improvements FencingRanch RoadsStorage/Staging Area Inclusions Cold And Dry StorageTractors And Harvest Equipment - All Equipment Used in The Daily Operation Of Fhf Land Lease YN No New Construction YN No Senior Community YN No Special Listing Conditions Standard Subdivision Name Other Pr Rural East(170) Water Source Agricultural WellPrivate Water Well YN Yes Well Depth 680 Zoning Ag

    Listing provided courtesy of Scott Ehrke of Re/Max Parkside Real Estate


    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-09-19T13:47:56.44. 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 J1 REALTY GROUP. Licensed in the State of California, USA.
     
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