5385 Righetti Road

San Luis Obispo, CA 93401

$3,000,000

List Price

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Property Description

Opportunity is Knocking with Olive Branches! For the first time in four generations, this 110 acre family ranch is looking for a new steward. The olive groves consist of 120 trees, mainly of Arbequina. The Arbequina oil won Best of Class/Gold in the 2018 California Mid-State Fair with Silver medals in 2010 and 2011. An irrigated orchard includes orange, lemon, tangerine, apricot, apple, pomegranate, fig, persimmon, and loquat. The remaining 100± acres are currently leased for a 22 cow-calf operation. The perimeter of the ranch is fenced. Water is supplied by a shared reservoir and a seasonal spring for orchards and livestock. Two storage tanks provide water for the orchards and livestock watering tank. The second well could accommodate more olive trees. The 20+ year old barn is 30 feet by 60 feet with metal siding, a built-in work bench, a partial concrete slab, and electricity. Plan your dream home on one of several scenic homesites with breathtaking views of the Nine Sisters mountain peaks. Enjoy the fruits of this hobby farm. Expand the olive oil production. Bring your horses. Raise your own livestock. To paraphrase a family member, “Across generations we learned to mend fences from our grandfathers and the joy of gardening and raising animals from our grandmothers. We enjoyed the peace that comes with having a place to call home in our heart.” Come discover what Edna Valley in popular San Luis Obispo has to offer your future generations. Contact your agent today for detailed information about what this opportunity has to offer.

Listing Information

List Price $3,000,000
Status Active
MLS SC24204960
HOA $0
Type Land
Lot Size 4,791,600
Structure Size N/A
DOM 30
Courtesy Of BHGRE HAVEN PROPERTIES
Listing Agent Jeffrey Prostovich DRE#00800031
Co-Listing Agent Leanna Satmari DRE#01946074

Interior Features

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Exterior Information

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Listing information courtesy of: Jeffrey Prostovich, Leanna Satmari, BHGRE HAVEN PROPERTIES 805-441-3777. *Based on information from the Association of REALTORS/Multiple Listing as of Nov 4th, 2024 at 8:21 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.