Excellent opportunity to purchase a large tract of land in a productive farming region near Farmington, CA. 383.0 gross acres featuring 355.0 net farmable acres of vineyards, open cropland and walnuts. The ranch is eligible to receive surface water from Central San Joaquin Water Conservation District and has two (2) ag wells, 50HP with two (2) sand media filters and 150HP with six (6) sand media filters. Cabernet vineyard, 158.0 net acres, planted in 1996 with 11' x 6' spacing on a quad trellis system with 24'' metal cross arms, irrigated on a drip system. 17.0 net acres of 24th leaf Livermore walnuts, planted on the south-west corner of the subject, irrigated via a double-line drip system, and the remaining ng 180.0 net acres currently in open cropland and/or adaptable for permanent plantings. The subject is in Williamson Act. Prime opportunity to purchase a large tract of land in a desirable growing region for tree nuts, row crop farming and dairy operations.
HUGE PRICE REDUCTION! NEW PRICE IS ONLY $4,950,000. If you subtract the cell tower income value from the asking price, the per acre price for the land including the house is just $12,780.00. 313 acres total, 306 acres in one block, plus 7 acres with cell tower. New tower lease is in effect. Tower income is over $45,000/year with 3%/ annual increases. Property is in the San Joaquin Central Water District with irrigation canal on the corner of the property. Water comes from New Melones Reservoir, and the San Joaquin Central District is now merging with the Stockton East District. This is a good thing. Suitable for trees or vines. Has always been dry grazing cattle operation. Highway frontage gives easy access for farm equipment. Hard to find a large block like this in a good location with district water. PRICED RIGHT! Also has a good home for a farm manager or a rental, needs some work. Good Ag ground with district water for this per acre price is unheard of even in todays market. You can still put in an Ag well in San Joaquin County, no problem, so you will have a back-up source for water. Good as gold. Bank your money here. Under all is the land.
The median home value in Farmington, CA is $801,800. This is higher than the county median home value of $501,300. The national median home value is $338,100. The average price of homes sold in Farmington, CA is $801,800. Approximately 24.05% of Farmington homes are owned, compared to 40.51% rented, while 35.44% are vacant. Farmington real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Farmington real estate agent to arrange a tour today!
Farmington, California has a population of 144. Farmington is more family-centric than the surrounding county with 100% of the households containing married families with children. The county average for households married with children is 36.35%.
The median household income for the surrounding county is $74,962 compared to the national median of $69,021. The median age of people living in Farmington is 41.2 years.
The average high temperature in July is 94 degrees, with an average low temperature in January of 38.5 degrees. The average rainfall is approximately 14.9 inches per year, with 0 inches of snow per year.