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8870 E Dinuba Avenue

Selma, CA 93662
  • $3,850,000
  • STATUS: Active
  • ON SITE: 30 Days
  • ID#: 217199
UPDATED: 55 min ago
$3,850,000
  • 0
    BEDS
  • 57.18
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Farm
County:
Area:

School Ratings & Info

Description

This +/-57.18 acre property has incredible potential for multiple lifestyle opportunities. There are six (6) homes on the property, a large pool, a barn, storage buildings, and more. Along with the almond orchard, there are pecan trees, olive trees, and a garden that would make for the perfect Farmer's market income project! Do not miss the opportunity to own a cash flowing property with a large depreciation base that in the future will be priced as subdivision land.The church building located at the southwest corner is not included in the sale. Property is subject to a lease though end of the 2022 crop year.The farm has access to Consolidated Irrigation District ditch water along the entire east boundary. The current owner has exclusively used two (2) Ag wells to irrigate his Almond trees: one (1) new 50 HP turbine pump and well and one (1) older 10 HP turbine pump and well. The multiple homes on the property are serviced by two (2) domestic wells and by the California Water Service Company. The farm is in the Central Kings GSA. The almond orchard has a double drip line irrigation system.Property is planted to 5-year-old producing Independence variety almonds. The primary pruning was done in 2021. There are also +/-20 pecan trees on the property.Buildings: There are six (6) single-family homes, three (3) barns, and a metal shop building on the property. The large 2-story barn is a historic structure. All rental housing is currently rented and provides $4,150 gross monthly income.Improvements: The property has four (4) small storage buildings, a vegetable garden, a large pool, a pond, and corral.The General Plan for the City of Selma calls for future use of this property to be single family homes and medium density housing. Groundwater DisclaimerThe Sustainable Groundwater Management Act (SGMA) requires groundwater basins to be sustainable by 2040. SGMA requires a Groundwater Sustainability PLAN (GSP) by 2020. Said plans may limit ground water pump

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© 2022 Tulare County Multiple Listing Service. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from TCMLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Jillian Bos Team | Keller Williams Realty. Data last updated: 2022-05-22T09:16:53.797.
www.jillianbos.com/homes/127936378
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8870 E Dinuba Avenue Selma, CA 93662

  • Price: $3,850,000
  • Status: Active
  • On Site: 30 Days
  • Updated: 55 min ago
  • ID#: 217199
0
Beds
0
Baths
0
½ Baths
57.18
Acres
Neighborhood:
Out Of Area
County:
Fresno
Area:
Out Of Area
Property Description
This +/-57.18 acre property has incredible potential for multiple lifestyle opportunities. There are six (6) homes on the property, a large pool, a barn, storage buildings, and more. Along with the almond orchard, there are pecan trees, olive trees, and a garden that would make for the perfect Farmer's market income project! Do not miss the opportunity to own a cash flowing property with a large depreciation base that in the future will be priced as subdivision land.The church building located at the southwest corner is not included in the sale. Property is subject to a lease though end of the 2022 crop year.The farm has access to Consolidated Irrigation District ditch water along the entire east boundary. The current owner has exclusively used two (2) Ag wells to irrigate his Almond trees: one (1) new 50 HP turbine pump and well and one (1) older 10 HP turbine pump and well. The multiple homes on the property are serviced by two (2) domestic wells and by the California Water Service Company. The farm is in the Central Kings GSA. The almond orchard has a double drip line irrigation system.Property is planted to 5-year-old producing Independence variety almonds. The primary pruning was done in 2021. There are also +/-20 pecan trees on the property.Buildings: There are six (6) single-family homes, three (3) barns, and a metal shop building on the property. The large 2-story barn is a historic structure. All rental housing is currently rented and provides $4,150 gross monthly income.Improvements: The property has four (4) small storage buildings, a vegetable garden, a large pool, a pond, and corral.The General Plan for the City of Selma calls for future use of this property to be single family homes and medium density housing. Groundwater DisclaimerThe Sustainable Groundwater Management Act (SGMA) requires groundwater basins to be sustainable by 2040. SGMA requires a Groundwater Sustainability PLAN (GSP) by 2020. Said plans may limit ground water pump
Exterior Features

Garage No

Property Features

Additional Parcels YN Yes Lot Dimensions Irregular Property Sub Type Permanent Planting Total Baths 0.00 Utilities Electricity AvailableNatural Gas ConnectedSewer Connected Zoning Description The General Plan For The City Of Selma Calls For Future Use Of This Property To Be Single Family Homes And Medium Density Housing.

Listing provided courtesy of Scott Schuil of Schuil & Associates: (559) 734-1700.
Listing information © 2022 Tulare County MLS.


© 2022 Tulare County Multiple Listing Service. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from TCMLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Jillian Bos Team | Keller Williams Realty. Data last updated: 2022-05-22T09:16:53.797.
 
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Visalia CA, 93291