350 Sheehy Rd Nipomo, CA 93444
118
Acres
$50,047
Price per Acre
5,135,288
Sq Ft Lot
Highlights
- Coastline Views
- Ranch Style House
- Agricultural
- 117.89 Acre Lot
- No HOA
- Bike Trail
About This Lot
As of September 2024Unique & Incredible Central Coast Ranch For Sale
This unique and rare-to-the-market property offers the opportunity to farm and live on the amazing Central Coast of California on this 118-acre Lemon Farm. The Lisbon Lemons vary in age from first leaf to 50 years old (please inquire for the development map). The property includes 4 APN’s and within the 4 APN’s there are four SLO county approved Envelopes to build a home, a processing facility and/or an agricultural related shop/building. The entire property lies within the County of San Luis Obispo Groundwater Basin and has been declared exempt from groundwater pumping restrictions per SGMA (the sustainable groundwater manage- ment act of 2014).
Many of the properties in the area have been family owned farms for decades and this type of property rarely becomes available to purchase. If you’ve dreamed of building your dream estate home on a secluded, yet very accessible farm within 2 miles of the US 101, you have found the property. Add the income potential from the lemon farm, the private fully stocked fishing pond, the exist- ing weekend retreat 4 bedroom, 2 bath home and you’ve got your wonderful slice of paradise waiting for you. The entire property is fenced and includes an electric gate to access the ranch. There are 3 wells on the property, 7 wind machines for frost control and there is an existing, owned solar power system for the ranch.
Inquire for your tour of this magnificent Ranch and take a look at the 3 or 4 ideal locations to build that dream home you’ve al- ways wanted on the central coast.
Last Agent to Sell the Property
Graham & Associates Brokerage Phone: 559-901-3616 License #01225765 Listed on: 09/28/2023
Property Details
Property Type
- Land
Est. Annual Taxes
- $23,675
Lot Details
- 117.89 Acre Lot
- Wire Fence
- Irregular Lot
- Density is over 40 Units/Acre
- 090-041-082, 090-041-083, 090-041-084
- Property is zoned AG
Property Views
- Coastline
- Panoramic
- Bluff
- Mountain
- Hills
Home Design
- Ranch Style House
Farming
- Agricultural
Utilities
- Agricultural Well Water Source
- Well
- Septic Type Unknown
Listing and Financial Details
- Tax Lot 36
- Assessor Parcel Number 090041081
- $1 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- Nipomo Subdivision
Recreation
- Bike Trail
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 28, 2023
Closed on
Jul 10, 2024
Sold by
Chad And Kaitlin Wittstrom Revocable Tru and Rmt Enterprises Llc
Bought by
Central Coast Ranches Llc
Seller's Agent
Joe Silva
Graham & Associates
Buyer's Agent
Kristi Donati
The Avenue Central Coast Realty, Inc.
List Price
$7,662,850
Sold Price
$5,900,000
Premium/Discount to List
-$1,762,850
-23.01%
Views
127
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,000,000
Interest Rate
6.78%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 10, 2021
Sold by
Wittstrom Chad Carminati
Bought by
Chad And Kaitlin Wittstrom Revocable Trust and Wittstrom
Purchase Details
Closed on
Aug 26, 2014
Sold by
Wittstrom Chad C
Bought by
Wittstrom Chad C
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,600,000
Interest Rate
4.1%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 29, 2010
Sold by
Ocw Ii Llc
Bought by
Wittstrom Chad C and Wittstrom Olivia B
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,040,000
Interest Rate
4.99%
Mortgage Type
Unknown
Similar Property in Nipomo, CA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $5,900,000 | Fidelity National Title | |
| Deed | -- | None Listed On Document | |
| Interfamily Deed Transfer | -- | Fidelity National Title Co | |
| Grant Deed | -- | First American Title Company |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $3,000,000 | New Conventional | |
| Previous Owner | $2,320,139 | Commercial | |
| Previous Owner | $2,600,000 | New Conventional | |
| Previous Owner | $3,040,000 | Unknown | |
| Previous Owner | $460,000 | Credit Line Revolving | |
| Previous Owner | $1,564,000 | Credit Line Revolving | |
| Previous Owner | $980,000 | Construction |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/06/2024 09/06/24 | Sold | $5,900,000 | -23.0% | -- |
| 07/11/2024 07/11/24 | Pending | -- | -- | -- |
| 09/28/2023 09/28/23 | For Sale | $7,662,850 | -- | -- |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $23,675 | $2,282,686 | $1,384,518 | $898,168 |
| 2023 | $23,675 | $2,237,928 | $1,357,371 | $880,557 |
| 2022 | $23,317 | $2,194,048 | $1,330,756 | $863,292 |
| 2021 | $24,438 | $2,151,028 | $1,304,663 | $846,365 |
| 2020 | $23,009 | $2,128,973 | $1,291,286 | $837,687 |
| 2019 | $22,867 | $4,355,328 | $1,820,010 | $2,535,318 |
| 2018 | $22,563 | $2,043,363 | $534,903 | $1,508,460 |
| 2017 | $21,156 | $1,914,267 | $528,529 | $1,385,738 |
| 2016 | $19,344 | $1,819,441 | $510,622 | $1,308,819 |
| 2015 | $18,086 | $1,699,893 | $505,549 | $1,194,344 |
| 2014 | $15,856 | $1,517,448 | $490,151 | $1,027,297 |
Source: Public Records
Agents Affiliated with this Home
-
Joe Silva
Seller's Agent in 2024
Joe Silva
Graham & Associates
(559) 754-3020
33 Total Sales
-
Kristi Donati
Buyer's Agent in 2024
Kristi Donati
The Avenue Central Coast Realty, Inc.
(805) 459-3099
35 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: NS23181524
APN: 090-041-081
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