370 Hemi Road Arroyo Grande, CA $ 5,495,000
370 Hemi Road
$ 5,495,000
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370 Hemi Road

Arroyo Grande, CA, 93420
$ 5,495,000
Baths0.0

Monthly Estimate*

$ 36,521

Listed by Allan Real Estate Investments
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Studio

Lots and Land for sale in Arroyo Grande, CA

for $5,495,000. The lot size is 103.

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. Water is provided by a high production ag well, powered by a new 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 ranch will benefit from these prior improvements with 2023 being the first year of full production. 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.

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Lots and Land Active

Price

$ 5,495,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

$ 0

Style

Lot Size

103

Town/City

Arroyo Grande

County/Region

San Luis Obispo

MLS | Web ID

PI23152050

Days on Market

292

Features
General
Sewer SepticTank
Utilities ElectricityConnected WaterConnected
Zoning AG
HOA 0.0
View Mountains Ocean Vineyard
Community Features Rural
County San Luis Obispo
New Construction N
Property Type Land
HOA / Comm Assn N
Attached Garage N
Garage Y/N N
Special Listing Conditions Standard
Status Active
Directions Heading North on hwy 101 from Los Berros Road turn right on Hemi Road
City Arroyo Grande
View Y/N Y
Senior Community Y/N N
MLS Area AG-East of Hwy 101
Lot Size Units Acres
Lot Size Square Feet 4486680.0
Private Pool N
Waterfront Y/N N
Carport Y/N N
Street Name Hemi
Listing Terms Cash CashtoNewLoan Item1031Exchange
Property Attached Y/N N
Land Lease Y/N N
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Virtual Tour https://slocoastpix.hd.pics/370-Hemi-Rd/idx https://slocoastpix.hd.pics/370-Hemi-Rd
Days on Market 129
Standard Status Active
Tax Lot 3 4
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Exterior
Lot Features Agricultural Orchards
Water Source Well
Lot Size Area 103.0
Spa N
Lot Size Acres 103.0
Road Surface Type Unimproved
Lot Size Source PublicRecords
Crops Included Y/N N
Road Responsibility PrivateMaintainedRoad
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N N
Street Suffix Road
Electric On Property Y/N N
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Internal Only
Street Number 1 370
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* Excluded Features
List By
Allan Real Estate Investments

Broker

(805) 473-7500

Phone

Affordability Calculator

$36,521
Per Month
100%
0%
0%
Monthly Principal & Interest
$36,521
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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THE TIME TO SELL IS NOW!
Nearby
273443 Elementary School
272636 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
8/16/2023$5,495,000 Listed Price

Map


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370 Hemi Road, Arroyo Grande, CA, 93420 is a Lots and Land for sale at $5,495,000 with a lot size of 103. 370 Hemi Road is a studio with 0.0 baths. The property's zip code is 93420 which is in Arroyo Grande, CA