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370 Hemi Rd Arroyo Grande, CA, 93420
$5,495,000 Land for sale 103.00 acres
Rare opportunity to purchase a turn key Central Coast citrus and avocado ranch in the Dana Foothills just south of Arroyo Grande. The unique Banana Belt climate has historically not required frost protection saving both time and money. Water is provided by a high production ag well, powered by a new diesel motor installed in 2022. This amazing property has been completely transformed by current ownership. 27 acres of new lemons were planted in 2020. The mature lemon and avocado trees have previously been heavily pruned. The ranch will benefit from these prior improvements with 2023 being the first year of full production. The roads, irrigation system and shop are all in tip top shape. There is a also a 5000 sf +/- metal shop with concrete floors. The guest quarters was completely remodeled in in August of 2020. The property features two potential homesites, one with views of Avila Bay with power and water nearby.
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Property details
4,486,680 sqft interior area
View
Mountain(s), Ocean, Vineyard
Land area
4,486,680 sqft (103.00 acres)
Price per sqft
$1/sqft
Days on Verhouse
272
Address
370 Hemi Rd, Arroyo Grande, CA, 93420
City of California
Arroyo Grande
County
San Luis Obispo
District
Listing
Virtual Tour
Zoning
AG
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Listed by
John Cole, Allan Real Estate Investments
Name
John Cole
License number
01939498
Brokerage company
Allan Real Estate Investments
MLS #
CRPI23152050
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Calculate your monthly payments
Mortgage
$16,871
Taxes
$0
HOA dues
$0
Mortgage
$1,099,000 / 20%
2.28%
30 years
Your amount
$16,871 / month
Lot details
TMK #047311003
Lot Description
Agricultural
Parcel #
047311003
93420 info
Essentials nearby
Neighborhood stats
Walkability
Coffee shops
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no data
Bus stop
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no data
Supermarket
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no data
Costco
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no data
Hospital
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no data
Park
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no data
Beach
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no data
Elementary school
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no data
Middle school
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no data
High school
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no data
Local airport
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no data
People living in 93420
34%
Families with children
National average: 39%
23%
Non family households
49,989
Population
$105,243
Average Income
Age & gender
Median age 45 years
More info
Commute types
90% commute by car
More info
Education level
23% have high school education
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Number of employees
11% work in education and healthcare
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Vehicles available
37% have 3 or more
More info
Vehicles by gender
37% have 3 or more
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Housing market insights for
$1.15m
Neighborhood average
sales price*
sales price*
$910k
Neighborhood median
sales price*
sales price*
10
Number
of sales*
of sales*
Housing type
75% are single detacheds
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Rooms
37% of the houses have 6 or 7 rooms
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Bedrooms
76% have 2 or 3 bedrooms
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Owners vs Renters
72% are owners
More info
3.67 / 20
Least Walkable
►
15-20
Most Walkable
10-15
Above Average
5-10
Below Average
1-5
Least Walkable
Walkability according to the National Walkability Index
Utilities
Other Water/Sewer, Water Connected
Utilities
Other Water/Sewer, Water Connected
Location Details, Documents & Disclosures
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Directions to property
Heading North on hwy 101 from L
Price history
For sale Feb 15, 2024
| Date | Event | Price | $/sqft | Source |
|---|---|---|---|---|
| Feb 15, 2024 | For sale | $5,495,000 | 1.22 | MLS #CRPI23152050 |
| Dec 16, 2023 | Pending | $5,495,000 | 1.22 | MLS #CRPI23152050 |
| Aug 15, 2023 | New Listing | $5,495,000 | 1.22 | MLS #CRPI23152050 |
| Feb 15, 2024 | For sale | $5,495,000 | 5203.6 | MLS #CRPI23135163 |
| Dec 16, 2023 | Pending | $5,495,000 | 5203.6 | MLS #CRPI23135163 |
| Aug 14, 2023 | New Listing | $5,495,000 | 5203.6 | MLS #CRPI23135163 |
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Frequently Asked Questions about 370 Hemi Rd
What is 370 Hemi Rd?
370 Hemi Rd is a lot of 103.00 acres (about is 4,486,680 sqft).
What is the full address of this Land?
370 Hemi Rd, Arroyo Grande, CA, 93420.
Tell me about the point of interest nearby
The closest grocery stores are Vons, 3.89 miles away and Trader Joe's, 4.94 miles away.
Based on information from the bridgeMLS as of 05-13-2024. 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.
Listing last updated on: Feb 21, 2024
Verhouse Last checked 1 minute ago
The closest grocery stores are Vons, 3.89 miles away and Trader Joe's, 4.94 miles away.
The 93420 zip area has a population of 49,989, and 34% of the families have children. The median age is 45.59 years and 90% commute by car. The most popular housing type is "single detached" and 72% is owner.
