Pearson Realty

161.8 acs. Madera Pistachios & Reservoir

$3,392,500

Madera, CA

Interested in this property? Request Details

Status: For Sale
Acres: 161.8±
Price Per Acre: $20,967


Description

Subject property consists of four separate parcels planted to 80.9± acres of pistachios, 56.43 ± acres of open ground currently planted to wheat, and 24± acres of an irrigation reservoir. The pistachio acreage recently added new single line drip installed in 2020 with 1-gallon emitters at 48” spacing, and there is a 750 square foot metal shop for storage.


Location

Subject property is 1± miles east of Road 31 and ¾± of a mile east of Raymond Road. Property is approximately 7± miles northeast of Madera.


Legal

031-092-005, 006, 007 & 008


Water

The orchards are within the Madera County GSA and are irrigated by (3) agriculture wells, and a 24± acre on-site reservoir used for water supply. The 24± acre reservoir can hold 230 ± ac/ft and has been historically pumped into from the agricultural wells during the winter. (1) Ag well drilled in 06/2018, 10” casing, 640’ deep, 40HP submersible pump (1) Ag well drilled in 11/2019, 12” casing, 560’ deep, 50HP submersible pump (1) Ag well drill date unknown, 13” casing, 550’ deep, 30HP submersible pump (Last used 2018) . Seller has a reservoir share agreement with Agriland. The Reservoir has the ability to receive surface water, when available, subject to the terms of the reservoir share agreement. The Reservoir is plumbed to receive water via the Sellers wells, a secondary surface water supply line, and via 15” pipeline from the Madera Canal.


Zoning

ARE-40 and ARE-20

View in Google Maps
View in Google Maps