$10,280,000

Estimated payment $67,055/month

Total Views 72,399
5 Beds
4 Baths
-- Sq Ft
-- Price per Sq Ft

About This Home

The Property consists of a total of 206.4 acres, and is comprised of three Assessors Parcels, including two legal parcels. There is approximately 160 acres that are leased for farming operations and about five acres that contain the residential rental. The balance of the acreage is a non-productive drainage area. An un-named County road runs south from the Orcutt-Garey Road through and bisects the Property. This road is also used by a neighboring parcel.

Formerly a vineyard, the Property is now currently farmed to vegetable crops. Historic crop production includes broccoli, strawberries, peppers, squash and peas. There is an existing lease in place with a grower that started farming the Property in March of 2023. The lease is for 160 acres at $2,800 per acre annually with a provision to reduce rent by 3% for timely payment. Therefore, annual farming rent is $434,560. The lease terminates 12/31/25. The lease includes the use of an 1,800 s.f. metal building and yard area.

Additionally there is a five bedroom/four bath house that is leased to a special needs care facility which has been leasing the property since 1996,and brings in $97,896 rent annually.

Listing Agent

Larry Lahr

Rincon Corp License #00935487 Listed on: 12/13/2024

Listing Provided By

Home Details

Home Type

  • Single Family

Lot Details

  • Current uses include agriculture, commercial, hospitality
  • Soil Types include Sandy Loam

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Full Bathrooms

Utilities

  • 2 Water Wells

Home Details

Home Type

Single Family

Lot Details

0

Listing Details

  • Bedrooms: Beds: 5
  • BathsCombined: 4
  • Office Phone: 805-896-4605
  • Listing Website: https://www.land.com/property/206-acres-in-santa-barbara-county-california/22193362/
  • Property Type: Residential
  • Property Sub-Type: Single-family Detached
  • Offered By: LandNetwork
  • Number of Wells: 2
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Has Attic: No
  • Disability Access: No
  • Sprinklers: No
  • Full Bathrooms: 4

Lot Info

  • Current Use: Agriculture, Commercial, Hospitality
  • Lot Description: Acreage
  • Soil Type: Sandy Loam

Map

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/13/2024 12/13/24 Price Changed $10,280,000 +900.0% --
12/12/2024 12/12/24 For Sale $1,028,000 -90.0% --
12/12/2024 12/12/24 For Sale $10,280,000 -- --

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