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Paso Robles, CA 93446,6780 Estrella RD
Paso Robles, CA 93446,6780 Estrella RD
Paso Robles, CA 93446,6780 Estrella RD
$2,250,000
Est. payment /mo
$2,995,000
24.9%
Est.Price: ?

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81.4 Acres Lot
SOLD DATE : 05/05/2020

Key Details

Sold Price $2,250,000

Property Type Vacant Land

Listing Status Sold

Purchase Type For Sale

Subdivision Pr Rural East(170)

MLS Listing ID NS18210267

Lot Size 81.400 Acres

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 an estimated 20,000-25,000 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 huge variety of stone fruit trees (incl. apricot, nectarine, peach, pear, plum, cherry, etc). One of the largest growers on the Central Coast... which equates to a highly profitable business with gross income averaging nearly $700,000/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 nearly 300GPM AG well. Want a vineyard? Ask about the nearly 3/1 offset allowed. (NOTE: San Miguel mailing address)

Location

State CA

County San Luis Obispo

Area Prne - Pr North 46-East 101

Zoning AG

Exterior

Community Features Rural

View Y/N Yes

View Hills, Panoramic, Reservoir, Vineyard

Building

Lot Description Agricultural, Orchard(s)

Water Agricultural Well, Private

New Construction No

Others

Acceptable Financing Cash, Cash to New Loan, Owner May Carry, Submit

Listing Terms Cash, Cash to New Loan, Owner May Carry, Submit

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Scott Ehrke • RE/MAX Parkside Real Estate
Bought with Vicki Linder • Century 21 Hometown Realty, Paso Robles Office
Devone Richard

Broker | License ID: 1002115

+1(626) 500-1212 | devone@nextadvisors.properties

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