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Map
$3,370,731*
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Land -
Off Market
6780 Estrella Road
Paso Robles, CA 93446
Studio
0 Bath
$2,696,000 - $3,294,000
Reference Base Price*
12.55%
Since Nov 1, 2021
National-US
Primary Model
About This Property
Johnny Appleseed would certainly approve of this outstanding
agricultural investment opportunity! Fair Hills Farm is ideally
located amongst beautiful vineyards and rolling hills of the Paso
Robles wine country. In fact, this 81+ AC offering is only a few
miles to the Paso Robles Airport & Hwy 46E, and is less than 10
miles to downtown. Nearby wineries, golf courses and estate ranches
provide an idyllic location to ultimately build a dream estate home
amid the mature shade trees and near your own private
reservoir/pond. But that is just the icing on the cake. What makes
Fair Hills Farm so opportune is the impressive income generated
from this large scale orchard operation (with an estimated
20,000-25,000 trees planted, this is a true business venture of
grand proportion)! Based on accounting from a 2017 Certified
Producers Certificate, FHF is estimated to have 20,000 apple trees
alone, plus a huge variety of stone fruit trees (incl.
apricot, nectarine, peach, pear, plum, cherry, etc). One of the
largest growers on the Central Coast... which equates to a highly
profitable business with gross income averaging nearly $700,000/YR.
Depending upon an owners involvement, this kind of gross revenue
can result in a NET income between 300-500K/YR! Sale includes all
equipment for continued operation (cold storage, tractors, etc),
existing distribution accounts + a nearly 300GPM AG well. Want a
vineyard? Ask about the nearly 3/1 offset allowed. (NOTE: San
Miguel mailing address)
Unit Size
-
Days on Market
-
Land Size
81.40 acres
Price per sqft
-
Property Type
Land
Property Taxes
-
HOA Dues
-
Year Built
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Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Oct 6, 2021 | No longer available | - | |
No longer available | |||
May 5, 2020 | Sold | $1,900,000 | |
Sold | |||
Mar 31, 2020 | In contract | - | |
In contract | |||
Nov 6, 2019 | Price Decreased |
$2,995,000
↓ $255K
(7.9%)
|
|
Price Decreased | |||
Jun 2, 2019 | Price Increased |
$3,250,000
↑ $255K
(8.5%)
|
|
Price Increased |
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Property Highlights
With View
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
08/27/2018
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|
Studio
|
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|
-
|
$3,250,000
Studio
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