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Key Details
Sold Price $360,000
Property Type Vacant Land
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SR24180333
Sold Date 12/13/24
Lot Dimensions 330 X 660
Type of Financing Cash
Property Description
Two Home Site Parcels on Income Producing Olive Groves Two separate 2.5 acre developed olive grove home site parcels in scenic area zoned for TWO homes per parcel with water rights. May be sold separately for $220K (Parcel A, mature olive trees) and $190K (Parcel B, younger olive trees) or together for $360K. High value income producing orchard home sites with mountain, snow, and valley views, quiet location, 20 minutes to major shopping and services in Palm Springs, Palm Desert, or La Quinta, with excellent healthcare. All utilities are on the paved road adjoining Lot A, with an easement for access and utilities to Lot B. Surveyed. Irrigation rights through a well agreement at 1/3 share per lot or 2/3 share for both. Lot A consists of mature producing olives inter planted with established one year old trees. Lot B consists of established one year old olive trees. Productive commercial olive varieties with high oil content, all non-pesticide, suitable for both oil or canning. Automatic drip irrigation system, plus Eucalyptus windbreak/privacy screen planted around the six-foot-high perimeter fence. Olive trees are low maintenance and water saving, with high profit potential due to the steady rise in California olive oil prices. An olive oil mill is now conveniently located here in the Coachella Valley for easy oil extraction. No experience needed, current owner lives adjacent and will assist with transition, ongoing consult, or can continue maintenance. For more information search for LBCAS and view the New Crops tab.
Location
State CA
County Riverside
Community Horse Trails
Direction Dillon road to Skyridge Rd in Sky Valley. Left on 22nd ave, then proceed to Longvue Rd. Right on Longvue Rd. Dillon Rd. begins n
Interior
Fireplace No
Exterior
Utilities Available Electric, Telephone
View Y/N No
Others
Senior Community No
Acceptable Financing Cash
Listing Terms Cash
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Bought with Simon Mills Mills Realty of California
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Glen Henderson
Broker Associate | CA BRE #01384181
Broker Associate CA BRE #01384181
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