2021 E Telegraph Road, Fillmore, CA 93015

$16,250,000
2
BD
2
BA
1,400
SqFt
List Price
$16,250,000
Status
ACTIVE
MLS#
23-1618
Price Change
▼ $2,000,000 1706660470
Property Type
Ranch/Farm
Bedrooms
2
Bathrooms
2
Living Area
1,400
Region
VENTURA

Property Description

Commercial Avocado Orchard Situated in Ventura County, California, Rancho Dos Vasos spreads across six (6) contiguous parcels and covers an impressive 376 acres. This extensive avocado ranch, nestled on the north flank of a major highway (Hwy 126) that stretches across Fillmore a rural, unincorporated area of Ventura County is a blend of mature trees and new plantings, offering both immediate and sustainable income opportunities. Rancho Dos Vasos benefits from two superior-quality wells based within the Fillmore basin, ensuring a steady supply of high-quality groundwater. The current proprietors have channeled over $5.2 million of capex into enhancements such as a new well, reservoirs, irrigation systems, plantings, internal road developments, and drainage mechanisms. Rancho Dos Vasos is equipped with several booster and injection stations, and its irrigation system recently revamped is a model of modern avocado farming. Fitted with two (2) turbine wells, various booster and injection stations, and three (3) water storage reservoirs. The main well yields around 900 GPM of premium irrigation water. The secondary well, renovated in 2019, offers about 500 GPM, and the Primary Well (Well 2), freshly drilled in 2021, complements the supply. The irrigation water delivery system modern, solid-set micro sprinklers nourished by poly tubing is new and state-of-the-art. Over 200 acres, along with the area set of future development, are irrigated by this system. The upgraded property, after total renovation, is expected to yield around 3,080,070 lbs. at maturity, or 12,759 lbs./acre.. The current management could potentially be retained by new owner, facilitating a seamless transition of ownership. Thanks to the extensive groundwork and updates to the infrastructure, new owners can look forward to optimal production, a refurbished office, an agricultural barn, workshop, and a residential home in their modern avocado ranch. There is an assumable loan with excellent terms: see Offering Memorandum for details. The Property is enrolled in the Williamson Act/LCA Program.

Additional Information

Elementary School
Other
Middle School
Other
High School
Other
Acres
376
Condition
Excellent
Living Area
1,400
Region
VENTURA
Units
1
Zoning
Other

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Listing courtesy of Radius Group Commercial R.E..