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Levon Arzumanyan

levon.a@theagencyre.com +1(213) 414-8088

$ 5,495,000

Est. payment -/mo

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Active

370 Hemi RD Arroyo Grande, CA 93420

3 Beds

1 Bath

1,056 SqFt

UPDATED:

09/30/2024 06:11 PM

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,056 sqft

Price per Sqft $5,203

MLS Listing ID PI23135163

Bedrooms 3

Full Baths 1

Construction Status Turnkey

HOA Y/N No

Year Built 1948

Lot Size 103.000 Acres

Acres 103.0

Property Description

Rare opportunity to purchase a turn key Central Coast citrus and avocado ranch in the Dana Foothills just south of Arroyo Grande. The unique Banana Belt climate has historically not required frost protection saving both time and money. Lot's of water, well was last tested at over 800 GPM and is powered by a diesel motor installed in 2022. This amazing property has been completely transformed by current ownership. 27 acres of new lemons were planted in 2020. The mature lemon and avocado trees have previously been heavily pruned. The roads, irrigation system and shop are all in tip top shape. There is a also a 5000 sf +/- metal shop with concrete floors. The guest quarters was completely remodeled in in August of 2020. The property features two potential homesites, one with views of Avila Bay with power and water nearby.

Location

State CA

County San Luis Obispo

Area Ag-East Of Hwy 101

Zoning AG

Rooms

Main Level Bedrooms 3

Ensuite Laundry Inside

Interior

Laundry Location Inside

Cooling None

Fireplaces Type None

Fireplace No

Laundry Inside

Exterior

Garage Spaces 2.0

Garage Description 2.0

Pool None

Community Features Rural

Utilities Available Electricity Connected, Water Connected

View Y/N Yes

View Mountain(s), Ocean, Vineyard

Attached Garage No

Total Parking Spaces 2

Private Pool No

Building

Lot Description Agricultural, Orchard(s)

Dwelling Type House

Story 1

Entry Level One

Sewer Septic Tank

Water Well

Level or Stories One

New Construction No

Construction Status Turnkey

Schools

School District Lucia Mar Unified

Others

Senior Community No

Tax ID 047311003

Acceptable Financing Cash, Cash to New Loan, 1031 Exchange

Listing Terms Cash, Cash to New Loan, 1031 Exchange

Special Listing Condition Standard

Listed by John Cole • Allan Real Estate Investments • john@allanrealestate.com

Levon Arzumanyan

Director, Estates Division | License ID: 01836944

+1(213) 414-8088

Levon Arzumanyan

370 Hemi RD Arroyo Grande, CA 93420

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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370 Hemi RD