295.46 acs. Arvin Edison WSD Almonds

$4,432,000

Arvin, CA

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Status: Sale Pending
Acres: 295.46±
Price Per Acre: $15,000


Description

This opportunity is located in the desirable farming area of Arvin, CA. The property is planted to 283.4± acres of almonds planted to 3 varieties. The farm has both district water and well water. The site is improved with a mobile home and 70’x25’ shed and includes on-site farm equipment as provided below. This investment opportunity offers; both district water and well water, midlife and mature trees and tax benefits.


Location

The offering is located at the northeast corner of Valos Road and Sebastian Road, Arvin CA. Approximately 14.5± miles south of Arvin, 20± miles south of Bakersfield, 92± miles north of Los Angeles, and 303± miles south of Sacramento.


Legal

Kern County, California. APN: 239-012-10, 11, 12, 13, 15 and 18.


Water

The land is located in the Arvin Edison Water Storage District (AEWSD) and has two wells. 195.46± acres receives contract water entitlement through meters T-5 and T-6. There are two wells, one is equipped with 300HP electric service and the other with 200HP electric service. In 2023 AEWSD delivered all entitled water and additional water to non-contract growers or growers looking to sink water within the district. In 2023 the district levies two primary charges; the Water Use Charge is $283±/acre foot, and the standby charge $100±/acre (applied against actual water use charge). On behalf of the district the Kern County Tax collector collects a AEWSD General Admin. and General Project Service Charge of $155.57±/acre with the property taxes. The property is located in the White Wolf Basin. The orchards are irrigated with a fan jet system with sand media filters.


Zoning

The land is zoned A (Exclusive Agricultural) and all parcels except 238-012-12 and 15 are enrolled in the Williamson Act according to the Kern County website.

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