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| Location: |
41331 Coyote Lake Road, Newberry
Springs, Ca 25
miles east of Barstow, Ca. |
| Acreage: |
80 acres APN 0540-111-10 ( a 160 ac parcel currently under subdivision) includes 100 ac ft water rights |
| Crops: | 3600 Pistachio trees 18 to 22 years old, automatic drip irrigation and fertilization system. Gross Income: 2004=$22,000 2005=$43,000 2006=$27,000 2007=$28,000, Electrical expense 2007 = $3300/yr. |
| Utilities: |
Irrigation well 300 ft deep, 8 inch casing,
15 HP pump produces 110 gpm, new electrical panel, provides drip
irrigation for trees and is big enough to supply your house, septic
system in place and site for home. |
| Price/Terms: |
$349,000 cash or terms suitable
to seller, $90,000 current mortgage note may be assumable |
| Comments: |
This large tree farm has tremendous potential as a working ranch. With good management this maturing orchard can produce a increasing income each year. If you prefer a somewhat remote home or vacation site with an income and the tax advantages of farm property this is for you. An October harvest, with minimal attention the balance of the year means local management can handle this property for an absentee owner. |