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22103 Carancho Road, Temecula, CA 92590

Commercial property

22103 Carancho Road, Temecula, CA 92590 Sold July 2024 CRMLS
$1,250,000Sold July 2024

Listing Agent: John La Mattery (DRE #01374103) · Listing Office: Big Block Realty, Inc · Contact: john@johnlamattery.com · Bought with: John Risso · Sigma Realty · MLS #PTP2402271 · Source: CRMLS

2,078,248 sqft
Lot Size
A-1-10
Zoning
Commercial property
Type

About this commercial property

Welcome to this incredible 47-acre property, where 28 acres are dedicated to a meticulously managed Hass avocado grove, featuring 2,630 trees, 300 of which are still maturing. In addition to the grove, the property boasts a seasonal creek and a beautiful site that may work for your dream home. The grove has seen significant growth, increasing from 145,000 lbs harvested when purchased in 2019 to nearly 275,000 lbs in 2023, with approximately 25% more room for expansion based on the current tree count. There are additional acres available for planting, should a new owner wish to expand, including 5 acres with space for an additional 800 trees which is pre-approved for RCWD/District's CropSWAP program (for more information, see https://www.ranchowater.com/297/CropSWAP). A 3 inch water meter and a well are on the property. The property is nearly fully fenced, with five gates, four of which are accessible from Carancho Rd. Well-maintained dirt roads facilitate easy harvesting, and a 3-phase electric meter is already installed. The property also features four 10,000-gallon holding tanks for the well. The A-1-10 zoning offers flexibility for building an expansive estate home with sweeping valley views, or the potential to split the property into four 10+ acre homesites. Plus, no HOA!

Listing description from the July 2024 sale, as reported to CRMLS.

Sale history

$1,250,000
Sold July 2024 · listed $1,400,000, on market April 2024 · MLS #PTP2402271 · Source: CRMLS
Listing Agent: John La Mattery · Listing Office: Big Block Realty, Inc · Contact: john@johnlamattery.com · Bought with: John Risso · Sigma Realty
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