620 acs. Golden Hills Pistachio Ranch
$27,900,000
Avenal, CA
Status: For Sale
Acres: 620±
Price Per Acre: $45,000
Description
An exclusive opportunity to purchase an investment grade producing pistachio orchard. The 620± acre property located in Kings County, consists of 588.7± net acres of pistachios planted in 2014. The orchard has been irrigated by 3 irrigation pumps & wells that feed a large reservoir. The 2 booster pumps at the filter stations distribute water to the trees via dual line drip system. The property is located in the Kettleman Plain Subbasin which is designated as Low Priority by the California Department of Water Resources. Low Priority Subbasins are not required to develop and implement groundwater sustainability plans under the Sustainable Groundwater Management Act.
Location
The subject property is located at the northwest, northeast and southeast corners of the intersection at York Avenue and Pyramid Hills Road. It is approximately 14± miles southeast of the Avenal City limits, in unincorporated Kings County.
Legal
050-270-016-000; 050-270-018-000; 050-340-002-000
Water
The Golden Hills Pistachio Ranch provides water to the orchards by an elaborate irrigation system consisting of 3 irrigation pumps and wells that feed a large reservoir with 2 booster pumps at a filter station that supplies water to the trees through a dual line drip system
Zoning
The zoning is AG-40 (Agriculture with 40-acre minimum parcel size). The subject property is not enrolled in the Williamson Act.