196.73 acs. Tule River Mandarin Ranch
$5,100,000
Porterville, CA
Status: For Sale
Acres: 196.73±
Price Per Acre: $25,924
Description
Located along the Tule River just east of Porterville, this ranch combines producing mandarins, multiple water resources, and a desirable location. This property features 93.5± acres of Tangos planted in 2010 and 77.8± acres of Clementines planted in 2009 and 2010. The property includes shares in the Popler Irrigation Company, providing added water security. Improvements include an equipment yard, natural gas interconnected wind machines, one rental home, and is within Porterville Irrigation District, offering both operational support and income potential.
Location
The property is located on the southeast corner of Avenue 152 and Road 216, about 12.5 miles from Highway 99 in Porterville, CA.
Legal
240-120-045, 240-130-010
Water
The property has 3.5 shares in Popler Irrigation Company and is within Porterville Irrigation District (no existing turnout). There are two irrigation pump/wells and two filter stations. The Seller has researched the chain of title and conclude the property has rights to water from Tule River (no existing lift pump), Buyer to verify.
Zoning
Zone AE-20 (Ag Exclusive - 20 ac minimum). Not enrolled in the Williamson Act. The entire property is located within the City of Porterville County Adopted City Urban Area Boundary B with a portion planned for Rural Residential Development