Description
185 Acres of Prime Income Producing Ventura County Farmland Back on the Market (Buyer’s 1031 Exchange cancelled). 180 Farmable Acres. Comprised of 3 parcels 114.23, 55.69 and 15.49 Acres. Currently planted in vegetables. Well maintained ranch under lease with a sale release clause. Private well. Improved with two houses, equipment shed and storage building. Level topography. Located on HWY 118 between Center School Road and La Vista near Walnut Avenue. Close proximity to the 101 and 126 Freeways. Zoned AE40 and Subject to SOAR
Property Id: 861540
Price: $ 9,500,000
Property Lot Size: 185.00 ft2
Additional Parcel Description: 109-0-061-200, 109-0-061-040
Co-List Agent AOR: Ventura Coastal
Co-List Agent Phone: (805) 469-2053
Co-List Agent Email: jacobsonrealtyinc@gmail.com
Co-List Agent: Lynn Osslund
Co-List Agent MLS ID: V211502130
Community Features: Rural
Cumilative Days on Market: 564
Current Use: Agricultural, Commercial, Residential, Single Family
Days on Market: 564
Directions: 101 Freeway in Camarillo, exit Central Avenue, make a right turn on Santa Clara Avenue. Continue as Santa Clara becomes Los Angeles Avenue/Hwy 118. The ranch is in Somis on the right near Walnut Ave X (between Center School Rd and La Vista)
Disclosures: Easement(s), Unincorporated
Distance to Water Comments: Onsite
Documents Count: 1
Exclusions: Tenant Owned Above Ground Irrigation & Farm Equipment
Land Lease Amount Frequency: Annually
Land Lease Expiration Date: 2025-01-30
List Agent AOR: Ventura Coastal
List Agent Direct Phone: (805) 340-0015
List Agent Email: jbailey.re4u@gmail.com
List Agent Name: Jill Bailey
List Agent MLS ID: V184010005
List office AOR: Ventura Coastal
List office MLS ID: V3447
List office Phone: (805) 389-4747
Listing Agreement: Exclusive Right To Sell
Listing Contract Date: 2024-11-08
Listing ID: V1-26649
Listing Service: Full Service
Listing Terms: Cash, Cash to New Loan
Lot Features: Agricultural, Ranch, Level
Lot Size Area: 185
Lot Size Source: Owner
Lot Size Square Feet: 8058600
Lot Size Units: Acres
MLS Status: Active Under Contract
On Market Date: 2024-11-09
Original List Price: 11495000
Parcel Number: 1090061180
Photos Count: 17
Possession: Close Of Escrow, Negotiable
Possible Use: Agricultural
Postal City: SOMIS
Previous List Price: 10995000
Road Frontage Type: Highway
Road Surface Type: Paved
Sewer: Septic Tank
State or Province: CA
Street Dir Prefix: W
Street Name: Los Angeles
Street Number: 150 300
Street Suffix: Avenue
Topography: Level
Utilities: Electricity Connected, Phone Connected, Water Connected
View: Valley
Water Source: Agricultural Well, Public, Well
Zoning: AE40 SOAR
Other Features
Has a View
New Construction
$ 55,461.67
per month
- Principal and Interest
- Property Tax
- HOA fee
$ 45,565.84
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