Tejon Highway, Arvin, CA 93203

$30,000,000
Property Type: Land Lot Size (sq. ft.): 50,236,441 Status: Closed
Current Price: $30,000,000 List Date: 1/17/2024 Last Modified: 5/24/2025

Description

The 800-318 Ranch consists of 1,153.27 acres of 11 contiguous parcels. 415 acres Kerman pistachios planted in 2012, 613.8 acres of Golden Hills planted in 2015/2016 and 124.47 acres of open land. This property offers an excellent water supply through 3 wells, 2 reservoirs (43-Acre/Ft and 29-Acre/Ft) and the Arvin Edison Water District including surface water. The wells offer an estimated pumping capacity of 6,676 gallons per minute which equates to 35-Acre Ft. per day. The integration of both on-site well systems, coupled with the water district, ensures an abundant and reliable water source that aligns with industry standards. An exciting addition to this property's portfolio is the installation of a cutting-edge 1 MW solar system. This forward-looking initiative not only underscores your commitment to sustainability but also positions the property as a leader in energy-efficient agricultural practices. Additional features are a versatile shop with cover, two older residences, a canopy, and functional shed. These elements collectively contribute to the overall functionality of the property. In summation, this property represents an exceptional opportunity to own a thriving pistachio orchard, complete with substantial water resources, modern solar integration, and structures. Seller will review all offers and may consider short term financing at a favorable rate.

Supplements: ********

More Information MLS# 224000197

Listing Info

Zoning: A

Property Info

View: No Senior Community: No

Status Change Info

Seller Concessions: No Purchase Contract Date: 2025-05-23 Close Date: 2025-05-23 Close Price: 30000000

Land Lease Type

Fee Simple: 1

Special Conditions

Standard Sale: 1

Terms

Cash: 1 Conventional: 1 Owner May Carry: 1

Possession

Close of Escrow: 1

Financing

Owner Carried: 1

Disclosures

Other: 1

Miscellaneous Information

Trees: Golden Hill & Kerman Water Well: Yes Well Gallons Per Minute: 6,676

Sold Terms

Seller Financing: 1

Water

District/Public: 1 On Site: 1 Private: 1 Water District: Arvin Edison Water District Well: 1

Listing Location and Property Info

Status: Closed Listing Contract Date: 2024-01-16 Current Price: $30,000,000 Sold Price: $30,000,000 Street Name: Tejon Street Suffix: Highway County: Kern State: CA Postal Code: 93203 Parcel Number: 44601021004 MLS Area: LCOTH - Other Subdivision: Not Applicable Country: US

General Property Information

Lot Size Acres: 1153.27 Lot Size Square Feet: 50236441.2

Property Features

Land Lease Type: Fee Simple Special Conditions: Standard Sale Terms: Cash; Conventional; Owner May Carry Possession: Close of Escrow Water: Private; Well Financing: Owner Carried Sold Terms: Seller Financing
Listing Office: Coldwell Banker Realty
Listing Agent: Karen L Sandvig | Karen.Sandvig@camoves.com
Agent Email: Karen.Sandvig@camoves.com
Last Updated: May - 24 - 2025
Based on information from the CSMAR Multiple Listing as of [date the AOR/MLS data was obtained]. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.