$5,900,000
SOLD SEP 6, 2024

350 Sheehy Rd Nipomo, CA 93444

118 Acres
$50,047 Price per Acre
5,135,288 Sq Ft Lot

Recently Sold

23% Below List Price

287 Days on Market

Highlights

  • Coastline Views
  • Ranch Style House
  • Agricultural
  • 117.89 Acre Lot
  • No HOA
  • Bike Trail

About This Lot

As of September 2024

Unique & 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

Joe Silva

Graham & Associates Brokerage Phone: 559-901-3616 License #01225765

Last Buyer's Agent

Kristi Donati

The Avenue Central Coast Realty, Inc. License #01727301

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $23,675

Year Built

  • 1984

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

Property Details

Property Type

Land

Est. Annual Taxes

$23,675

Year Built

1984

Lot Details

0

Listing Details

  • Current Use: Agricultural
  • Other Phone Description: 559-901-3616
  • Subdivision Name Other: Nipomo(340)
  • View: Yes
  • Zoning: AG
  • Property Type: Land
  • Parcel Number: 090041081
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built (Public Record): 1984

Interior Features

  • Price Per Square Foot: 1.15

Exterior Features

  • View: Bluff, Coastline, Hills, Mountain(s), Panoramic
  • Fencing: Wire

Utilities

  • Sewer: Septic Type Unknown
  • Water Source: Agricultural Well, Well

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking

Lot Info

  • Additional Parcels: No
  • Additional Parcels Description: 090-041-082, 090-041-083, 090-041-084
  • Land Lease: No
  • Lot Features: Agricultural - Tree/Orchard, Irregular Lot, Over 40 Units/Acre, Ranch
  • Lot Size Sq Ft: 5135288.40
  • Lot Size Acres: 117.8900
  • Latitude Manual: 35.07332700

Multi Family

  • Lot Size Area: 117.8900 Acres

Tax Info

  • Tax Census Tract: 123.02
  • Tax Lot: 36
  • TaxOtherAnnualAssessmentAmount: 1.00

Map

Range of Values:

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Average Value
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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
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

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

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

Deed 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

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NS23181524

California Regional Multiple Listing Service (CRMLS)

APN: 090-041-081