Remarks

The Farm is located in Kern, Kings and Tulare County.This is a unique opportunity to purchase a large +/-3,120.14-acre block of contiguous pistachios with +/-1,346.90 acres of Open Farmland. The orchard was developed in 2015 & 2016, and the trees are just coming into production. The open farmland is currently being set aside for water credits. A new Buyer can continue to purchase additional open ground in the area or purchase surface water on the open market from Semitropic Water District. Property also has wells, reservoirs, and filters.Included in the purchase price is 5,000 acre feet of banked water.Buyer shall enter into a marketing contract for future pistachio crops with Wonderful for a minimum of seven (7) years.Plantings:+/-1,773.24 acres are planted to Pistachios.+/-646.73 acres were planted to 75% Golden Hills and 25% Kerman Pistachios in 2015 at 19′ x 17′ spacing.+/-624.51 acres are planted to 75% Golden Hills and 25% Kerman Pistachios in 2016 at 19′ x 17′ spacing.+/-502.00 acres are planted to 16% Golden Hills and 84% Kerman Pistachios in 2016 at 20′ x 16′ spacing.+/-1,346.90 acres of Open Farm Land.Water:+/-1,271.24 acres of the property are located in Semitropic Water Storage District (Kern County Ranch). The current contract with Semitropic allows the landowner to bank water in the Semitropic water banks and use those credits to pump ground water on the property. Property also has wells and filters.

Details

MLS#: 591839
Price: $44,500,000

Style: Nut Crops
Bedrooms: 0
Baths Full: 0
Three Quarter Baths: 0
Baths Half: 0
Quarter Baths: 0
Year Built: 0

County: Kern

School Elementary: Columbine
School Middle: Columbine
School High: Delano
School District: Delano Schools