Pearson Realty

65.86 acs. Elder Ave. Open Land

$1,515,000

Hanford, CA

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Status: For Sale
Acres: 65.86±
Price Per Acre: $23,003


Description

Rare opportunity to purchase land that has the right to pump water from the Kings River. These class 1 soils are capable of growing almonds, pistachios, walnuts, grapes, blueberries, tree fruit, cherries, and many other crops. For the past 3 years, no pesticides have been applied and it has not been farmed.


Location

Parcel is located on the south side of Elder Ave, just ¾ mile west of the Elder and 16th Ave junction. It is approximately 7± miles West of Hanford and 8± miles north of Lemoore.


Legal

004-090-040 & 038


Water

Property has a recorded agreement with Kings River Water Association (KRWA) to draw from the Kings River. Buyer will have to secure access to the river. The “Annual Ceiling Amount” is up to 259.86± ac. (approx. 4 ac. ft. per acre) and the maximum allowed monthly draw is 52± ac. ft. (20% of total amount). There is an abandoned/inoperable irrigation well on the property. The property is within the South Fork Kings GSA.


Zoning

Property is in the Williamson Act.


Comments

Buyer to grant an access easement to Seller for 10 ft. along the eastern boundary and 17 ft. along the northeastern boundary of the property; and a power/electrical easement sufficient for power provider to access for repair. See map on front page of the brochure for proposed easement location.

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