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$ 2,450,000
$ 3,000,000 18.3%
Est. payment /mo
Sold on 04/01/2025
5385 Righetti RD San Luis Obispo, CA 93401
110 Acres Lot
UPDATED:
Key Details
Sold Price $2,450,000
Property Type Vacant Land
Listing Status Sold
Purchase Type For Sale
Subdivision San Luis Obispo(380)
MLS Listing ID SC24204960
Lot Size 110.000 Acres
Property Description
Opportunity is Knocking with Olive Branches!
For the first time in four generations, this 110 acre family ranch is looking for a new steward.
The olive groves consist of 120 trees, mainly of Arbequina. The Arbequina oil won Best of Class/Gold in the 2018 California Mid-State Fair with Silver medals in 2010 and 2011.
An irrigated orchard includes orange, lemon, tangerine, apricot, apple, pomegranate, fig, persimmon, and loquat.
The remaining 100± acres are currently leased for a 22 cow-calf operation. The perimeter of the ranch is fenced. Water is supplied by a shared reservoir and a seasonal spring for orchards and livestock. Two storage tanks provide water for the orchards and livestock watering tank. The second well could accommodate more olive trees. The 20+ year old barn is 30 feet by 60 feet with metal siding, a built-in work bench, a partial concrete slab, and electricity.
Plan your dream home on one of several scenic homesites with breathtaking views of the Nine Sisters mountain peaks. Enjoy the fruits of this hobby farm. Expand the olive oil production. Bring your horses. Raise your own livestock.
To paraphrase a family member, “Across generations we learned to mend fences from our grandfathers and the joy of gardening and raising animals from our grandmothers. We enjoyed the peace that comes with having a place to call home in our heart.”
Come discover what Edna Valley in popular San Luis Obispo has to offer your future generations. Contact your agent today for detailed information about what this opportunity has to offer.
For the first time in four generations, this 110 acre family ranch is looking for a new steward.
The olive groves consist of 120 trees, mainly of Arbequina. The Arbequina oil won Best of Class/Gold in the 2018 California Mid-State Fair with Silver medals in 2010 and 2011.
An irrigated orchard includes orange, lemon, tangerine, apricot, apple, pomegranate, fig, persimmon, and loquat.
The remaining 100± acres are currently leased for a 22 cow-calf operation. The perimeter of the ranch is fenced. Water is supplied by a shared reservoir and a seasonal spring for orchards and livestock. Two storage tanks provide water for the orchards and livestock watering tank. The second well could accommodate more olive trees. The 20+ year old barn is 30 feet by 60 feet with metal siding, a built-in work bench, a partial concrete slab, and electricity.
Plan your dream home on one of several scenic homesites with breathtaking views of the Nine Sisters mountain peaks. Enjoy the fruits of this hobby farm. Expand the olive oil production. Bring your horses. Raise your own livestock.
To paraphrase a family member, “Across generations we learned to mend fences from our grandfathers and the joy of gardening and raising animals from our grandmothers. We enjoyed the peace that comes with having a place to call home in our heart.”
Come discover what Edna Valley in popular San Luis Obispo has to offer your future generations. Contact your agent today for detailed information about what this opportunity has to offer.
Location
State CA
County San Luis Obispo
Area Slo - San Luis Obispo
Zoning AG
Exterior
Fence Barbed Wire, See Remarks
Community Features Rural
Utilities Available Electricity Connected, Water Available, Sewer Not Available
View Y/N Yes
View Hills, Pond, Reservoir, Valley
Building
Lot Description Agricultural, Horse Property, Irregular Lot, Orchard(s)
Sewer None
Water Agricultural Well, Private, See Remarks
New Construction No
Others
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Special Listing Condition Standard
Listed by Jeffrey Prostovich • BHGRE HAVEN PROPERTIES • 805-441-3777
Bought with Mike McNamara • McNamara Real Estate
Bought with Mike McNamara • McNamara Real Estate