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Ernie Caponera

ernie@newport-properties.com +1(714) 606-0926

$1,295,000

Est. payment - /mo

40.62 Acres Lot

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Key Details

Property Type Vacant Land

Listing Status Active

Purchase Type For Sale

Subdivision Santa Margarita

MLS Listing ID SW24248044

HOA Fees $200/ann

HOA Y/N Yes

Lot Size 40.620 Acres

Property Description

Excellent avocado grove that include mostly 20 year old trees that are in full production with an additional 400 trees that were added in 2021 for a total of 3700+- providing a potential for excellent income and cash flow; there is
also more space available for additional planting. Irrigation recently updated with all new sprinklers and is supplied by a 3” water meter, & 2 wells with five 5,000 gallon tanks. One additional well also on the
property currently not in use. Property also has electricity already on the property. Fenced and gated access, grove roads in very good condition & the property has
a gentle slope that increases to allow for good drainage. Located at the end of a Cul-De-Sac with incredible views of the surrounding countryside that seller says
includes a view of the ocean on a clear day; this would provide the perfect location for an estate home since it already has a flat pad that seller says has been
graded for building. This is one of the best agricultural investments available in the area and a definite must see. Grove records and projections are available for
review to serious buyers. The seller is willing to stay on as long as needed to assist in the transition ensuring the grove continues to improve in production and
profitability

Location

State CA

County Riverside

Area Srcar - Southwest Riverside County

Zoning R-A-20

Interior

Fireplace No

Exterior

Fence Chain Link, Partial

Community Features Mountainous, Rural

Utilities Available Electricity Connected, Water Connected

View Y/N Yes

View Hills, Mountain(s), Panoramic, Valley, Trees/Woods

Present Use Agricultural

Building

Lot Description Agricultural, Corners Marked, Irregular Lot, Orchard(s), Sprinklers Manual, Sprinkler System, Sloped Up

Water Agricultural Well, Public, Well

New Construction No

Others

HOA Name Santa Margarita

Senior Community No

Tax ID 932190009

Acceptable Financing Submit

Listing Terms Submit

Special Listing Condition Standard

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Listed by Edward Beaudet KW Temecula 951-834-7310, DRE #01486267

Nearby Locations

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(714) 606-0926

ernie@newport-properties.com

2747 E COAST HWY Unit 200, CORONA DEL MAR, California 92625, USA

43520 Calle Colina Temecula, CA 92590

Ernie Caponera

Key Details

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Interior

Exterior

Building

Others

Nearby Locations

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43520 Calle Colina