Back to Search Nalren

Sold for $3,100,000 · Jul 2024

SOLD

Listed at $3,550,000

Sold

721 W La Loma Avenue, Somis, CA 93066

Somis, CA

MLS# V1-17586

Property
408 days on market

Listing Agent

Scott Dunbar

Listing Agent

The Dunbar Group

DRE #: 01242893

Brokerage: The Dunbar Group

Property Details

N/A

Bedrooms

0

Bathrooms

N/A

Square Feet

N/A

Year Built

172.7 acres

Lot Size

N/A

Price/Sq Ft

N/A

Garage Spaces

N/A

HOA

Property

Property Type

Description

Trustees Want This Sold!! Diverse ranch property in a prime Somis location. This legacy ranch is in need of some tender loving care, but the end result will be a wonderful property to enjoy for generations. 172.7 acres of varied terrain, plantings, and improvements. Planted acreage is estimated at 39 acres in the east canyon planted to older lemons ready for replacement. The slope above the east canyon is planted to 2 acres of young avocados with 5-6 acres available to plant more. The central portion of the ranch includes 12.5 acres planted to mostly older Hass avocados. The west canyon includes 9.5 acres of Hass avocados planted in the 1990's with an additional 18.5 acres that may be available to plant along the frontage. Historical plantings and water use has been in the 90 acre range. Water is supplied by Del Norte Water Company with 68 shares owned. Water is also available through a well sharing agreement with VMB. Improvements include a functional open shed shop, enclosed metal building, and staging area with several outbuildings. This location includes a 3 bedroom, 1.5 bath farm house and a 2 bedroom, 1 bath older home. The main home located is at 721 W. La Loma, is a 3 bedroom, 2.5 bath manufactured home built in 1947. The views from the hillside are amazing, the slopes are mostly south facing for great growing conditions, and the micro climate is temperate with ocean breezes in the afternoon. There was once a runway for small planes, but please investigate the legality of that now. This just might be the diamond in the rough you have been looking for.

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

Facts & Features

Details

View
CityLights, Hills, Mountains, Ocean, Orchard, Panoramic, Valley

Sale history for 721 W La Loma Avenue

1 recorded sale

$3,100,000
Sold July 2024 · listed $3,550,000, orig. $5,250,000, on market July 2022, 408 days on market · MLS #V1-17586 · Source: CRMLS
Listing Agent: Scott Dunbar · Listing Office: The Dunbar Group · Contact: vcranches@gmail.com · Bought with: Scott Dunbar · The Dunbar Group

How this sale compares

721 W La Loma Avenue sold for $3,100,000 in July 2024, 13% under its $3,550,000 list price, after 408 days on the market. It was first listed at $5,250,000. Across 9 closed sales in 93066 over the last 12 months, the median sold price is $1,889,550 and the median is $627 per square foot.

$627
93066 median per sq ft (12 mo)
$1,889,550
93066 median sold price (12 mo)
9
Closed sales in 93066 (12 mo)
408
Days on market
−13%
Sold vs. list price
QuarterClosed sales in 93066Median sold price
Q2 20264$1,542,500
Q3 20265$2,000,000

Figures are MLS-reported closed sales (CRMLS); ZIP medians cover the last 12 months. Nalren does not estimate values. Recently sold in Somis · Homes for sale in 93066

Recent sales near 721 W La Loma Avenue

Closed sales reported in 93066, nearest first, last 12 months. All recent sales in Somis →

Explore Somis