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Gwyn Goodman

ggoodmanrealty@aol.com +1(805) 443-5650

$ 9,500,000

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21153 South Mountain Road Santa Paula, CA 93060

187.05 Acres Lot

UPDATED:

01/21/2025 10:56 PM

Key Details

Property Type Vacant Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID V1-27617

HOA Y/N No

Lot Size 187.050 Acres

Property Description

High Producing Legacy Ranch now available in Ventura County. Only two owners have operated this property for decades. Known as the C.W. Petit Ranch, the Petit family was influential in Ventura County history. This impressive property consists of 187.05 acres planted to Valencia oranges, lemons, and avocados. The ranch has produced high returns in gross fruit sales after picking, hauling and packing costs over the last five years. The orange juice market in particular is strong with limited supply now coming from Florida. The avocado returns are also increasing with young trees starting to come into full production. Planted to approximately 117.8 acres of Valencia oranges, 29 acres of high density lemons and 24.5 acres of mostly younger avocados, the property is in prime condition. Approximately10 additional acres may be suitable to plant more crops near the river or develop into a horse facility. Good soils and footing for an arena. Agricultural water is provided from a high producing well with full filtration system, modern injection capabilities, and micro spray irrigation. One additional well is available for backup purposes. Improvements include a remodeled ranch house, a newer manufactured home and a third farmworkers house in need of repairs. Several outbuildings with equipment yard, provide for the ranch needs. An additional domestic well serves the homes. This would make an excellent 1031exchange property with additional tax benefits from aggressive depreciation. Oil and mineral rights are included for the two larger parcels for additional sources of income. Professionally maintained to the highest standards over the last 20 years, this is a great opportunity. The owner is retiring, this is a rare offering with abundant low cost water.

Location

State CA

County Ventura

Area Spl - Santa Paula

Zoning AE

Interior

Fireplace No

Exterior

Fence None

Community Features Rural

Utilities Available Electricity Connected, Propane, Water Connected

View Y/N Yes

View Canyon, Hills, Mountain(s), Ocean, Panoramic, Pasture, River, Valley

Present Use Agricultural

Building

Lot Description Agricultural, Horse Property, Level, Orchard(s), Ranch, Sloped Up

Sewer Septic Type Unknown

Water Agricultural Well, Well

Others

Senior Community No

Tax ID 0460150090

Acceptable Financing Cash, Cash to New Loan, Submit

Horse Property Yes

Listing Terms Cash, Cash to New Loan, Submit

Special Listing Condition Standard

Listed by Scott Dunbar • The Dunbar Group • vcranches@gmail.com

Gwyn Goodman

Broker | License ID: 00779815

+1(805) 443-5650

Gwyn Goodman

21153 South Mountain Road Santa Paula, CA 93060

Key Details

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Exterior

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21153 South Mountain Road