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$ 15,608,000
Est. payment | /mo
28,032 SqFt
$ 15,608,000
Est. payment | /mo
28,032 SqFt
Key Details
Property Type Commercial
Sub Type Agriculture
Listing Status Active
Purchase Type For Sale
Square Footage 28,032 sqft
Price per Sqft $556
MLS Listing ID 25001230
Lot Size 406.710 Acres
Property Sub-Type Agriculture
Property Description
Prime 406+/- acre Santa Ynez Valley agricultural estate featuring two distinct ranches near Lompoc: Home Ranch (77.69+/- acres) and Apache Ranch (329.02+/- acres), totaling approximately 195 farmable acres (70+/- and 125+/-, respectively). Significant income is generated from farmland rent, H-2A housing rent, and other commercial rent from on-site buildings. Level topography with fertile soils ideal for high-value vegetable crops such as Brussels sprouts, lettuce, peppers, and leafy greens. Exceptional water infrastructure includes seven agricultural wells across both ranches, featuring a recently installed 350,000 dollar well, complemented by a solid set irrigation system throughout. The estate boasts extensive improvements, including an on-site produce packing and warehouse facility with three loading bays. Currently decommissioned 8,500+/- sq ft refrigerated storage within this facility can readily be reactivated to meet refrigerated handling needs. Residential improvements feature H-2A certified housing for 100 workers, including multiple residences, a large heated dining area equipped with flat-screen TVs, and 10 sets of washers and dryers. A separate dedicated manager's residence enhances operational readiness. Additional facilities include functional maintenance shops with four roll-up doors, a truck scale, and a recently upgraded 100,000+ drinking water system. Zoned AG-II-40, supporting diverse agricultural uses including row crops, permanent crops, and processing facilities.
Location
State CA
County Santa Barbara
Area 60 - Lompoc
Zoning Agricultural
Interior
Heating Forced Air
Cooling Other
Laundry Laundry Equip/Owned, Common
Exterior
Roof Type Metal,Tile
Building
Foundation Slab
Others
Acceptable Financing New Loan, Cash, Assumable
Listing Terms New Loan, Cash, Assumable
Listed by Dennis Allan • Allan Real Estate Investments
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