Status: Sale Pending
Price Per Acre: $31,000
This opportunity is located in the desirable farming area of southeast Earlimart, Ca. The subject property is planted to table grapes with V-Gable Trellis. This unique investment opportunity offers tables grapes, income, tax benefits, district water and excellent soils.
1/8th mile north of the intersection of the northeast corner of Avenue 32 and Road 160 east of Earlimart, CA. Approximately 44± miles north Bakersfield, 153± miles north of Los Angeles and 196± miles south of Stockton.
The offering has district water for the vineyard. The land is located in and receives surface water from the Delano-Earlimart Irrigation District through an on-site meter 526. The district entitlement is approximately 2 acre feet at 100% Class 1 allocation; in 2019 there was not a limit on allocated water. In 2020 as of 3-10-2020 the announced allocation is .85AF/acre, subject to change. The district levies two primary charges; in 2020 the Water Use Charge was $145/acre foot plus lift charges if applicable, and four land-based assessments totaling $135.86/acre. There is one ag well out of service. Seller reports it is pumping sand. The vineyard is irrigated with drip system, sand media filters with a reservoir.