Property listed by Fairway and Ranch Realty, Randy Roth 951-970-7071
$1,600,000
Located on the popular "Live Oak Park Road" in Fallbrook Country area, just a couple minutes west of I-15 . The 20 Acres is being currently farmed producing Grapefruit and lemons. (production records available). The (3) residential type structures are located in back NE corner… Read More of the property and have served as farm labor quarters in the past. Great opportunity to update and improve the units into an excellent income (rental) opportunity. There is an elevated natural plateau (over 1 acre pad site potential) located in the center of the property, perfect for an estate home. The present zoning of the property allows for a 2 Acre minimum. An additional (very flat) 10 Acre parcel fronts this 20.09 acre property and is currently on the markets for $875,000. Combining the 2 properties provides for an potential opportunity to develope an exclusive 2 Acre Estate development. Presently the 2 parcels each have their own producing well and both wells are presently united to service (irrigate) the existing citrus on site. There is full electrical and metered water service inside the property. Existing structures include: a 4-5 car cinder block agricultural barn-garage, a 2 bedroom farm labor mobile home, a 1 bedroom single family dwelling with 1 car garage and an additional farm office structure with a bathroom. The Seller will also consider to continue farming after the close of ecrow. Buyer to independantly investigate and verify all matters relating to property specifically zoning allocations pertaining to: (future development of subdivision potential), permitted uses, existing structure permits and conditions, well production, irrigation system layout, shared access with 10 acre parcel and suitability towards buyers intended use(s). Please note Seller will not perform any repairs property to be sold in "as is" condition. EXCELLENT LOCATION AND OPPORTUNITY! Read Less
Listing Snapshot
Days Online
2
Last Updated
Property Type
SingleFamilyResidence
Beds
4
Full Baths
3
Half Bath
1
Square Ft.
2,000
Lot Size
20.09 Acres
Year Built
1997
MLS Number
SW26216287
Additional Details
Building
Built in 1997, Living area: 2000.0, Living area units: SquareFeet, 1 storey, Levels: One, Entry level: 1, Entry location: 1
Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Confirm your time
Fill in your details and we will contact you to confirm a time.
