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Listed by Scott Dunbar • The Dunbar Group
$ 9,500,000
Est. payment | /mo
8,147,898 SqFt
$ 9,500,000
Est. payment | /mo
8,147,898 SqFt
Key Details
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Active
Purchase Type For Sale
Square Footage 8,147,898 sqft
Price per Sqft $1
MLS Listing ID CRV1-27617
HOA Y/N No
Originating Board Datashare California Regional
Lot Size 187.050 Acres
Property Sub-Type Unimproved Land
Property Description
High Producing Legacy Ranch now available in Ventura County. Only two owners have operated this property for decades. Known as the C.W. Petit Ranch, the Petit family was influential in Ventura County history. This impressive property consists of 187.05 acres planted to Valencia oranges, lemons, and avocados. The ranch has produced high returns in gross fruit sales after picking, hauling and packing costs over the last five years. The orange juice market in particular is strong with limited supply now coming from Florida. The avocado returns are also increasing with young trees starting to come into full production. Planted to approximately 117.8 acres of Valencia oranges, 29 acres of high density lemons and 24.5 acres of mostly younger avocados, the property is in prime condition. Approximately10 additional acres may be suitable to plant more crops near the river or develop into a horse facility. Good soils and footing for an arena. Agricultural water is provided from a high producing well with full filtration system, modern injection capabilities, and micro spray irrigation. One additional well is available for backup purposes. Improvements include a remodeled ranch house, a newer manufactured home and a third farmworkers house in need of repairs. Several outbuildings with equip
Location
State CA
County Ventura
Interior
Fireplace No
Exterior
View Canyon, Hills, Mountain(s), Panoramic, Pasture, Valley, Other, Ocean
Building
Lot Description Agricultural, Level, Sloped Up
Water Well - Agricultural
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