21606 Avenue 360, Woodlake, CA 93286 - Tulare County

FLEXIBLE OWNER FINANCING AVILABLE WITH EXCELLENT TERMS

This is a rare opportunity to purchase an income-producing olive grove that has also been approved for a residential subdivision. The property is nestled just north of Woodlake, with incredible views of the Sierra Nevada Mountains. The property feels remote but five minutes from Woodlake and only 25 minutes to Visalia. The olive orchard has (6) Ag wells 20 domestic wells, and a large irrigation reservoir that could potentially be used for groundwater banking. The manufactured home has been remodeled and is great for entertaining. The property is zoned PD-F-M, and Tulare County has approved a Residential Subdivision Development of 43-2.5 acre lots.

Plantings

Block 1: +/-39.93 Acres of Manzanillo Olives. Planted in 1984 at 15 x 30 spacing. (96 trees per acre.)

Block 2: +/-49.08 Acres of Manzanillo Olives. Planted in 1992 at 24 x 24 spacing. (76 trees per acre.)

Block 3: +/-20.15 Acres of Manzanillo Olives. Planted in 1994 at 15 x 30 spacing. (96 trees per acre.)

Block 4: +/- 18.16 Acres of Manzanillo Olives. Planted in 1989 at 15 x 30 spacing. (96 trees per acre.)

There are 10 acres of young trees on each block that are planted at 15 x 30 (96 trees per acre) and 15 x 24 (121 trees per acre).

Production records available upon request.

Water

Property has six (6) Ag wells and 20 Domestic wells. There is one (1) +/-3,000,000-gallon capacity reservoir on the property. There are solid set fan jets (Green J pattern) throughout the entire ranch.

Filtration System: The property has a +/-1,400 GPM self-cleaning FlowGuard stainless steel and powder coated self-cleaning filter.

There are also two (2) VFDs (Variable Flow Drive Units). One (1) for the reservoir with a 15HP reservoir turbine pump and one (1) for a 50HP Booster pump.

The property is located in the Eastern Tule GSA.

Zoning

Property is zoned PD-F-M.

Houses

Property has a +/-1,800 sq.ft. two (2) bedroom, two (2) bathroom, triple-wide mobile home. 3/4 of the home has been remodeled. The property also features a home pad that is ready for a custom home to be built.

Tulare County has approved a Residential Subdivision Development of 43-2.5 acre lots.

Security System

The ranch has a driveway alarm system covering the four (4) major roads that access the property. There is also a state of the art Unify 20 camera video surveillance system.