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    21506 Morgan Valley Rd Lower Lake, CA 95457

    For Sale
    $2,499,000

    Agriculture - Lower Lake, CA

    Type:Agriculture
    Lot size:
    79.00 Acres
    Days on Market:
    81
    Last Refresh:
    Dec 15 at 1:06 am

    Property Features for 21506 Morgan Valley Rd

    General Information

    Property type
    Land
    Property subtype
    Agriculture
    Standard status
    Active
    Zoning
    RL & TPZ
    APN
    012-069-170-000
    Lot size
    79.00 Acres

    Building Details

    Architectural style
    Other

    Full Spectrum Properties, Inc. (707) 433-2000 [email protected]

    Listing agent Forest Elie (707) 433-2000 License #02204792

    Listing date Sep 26, 2025

    MLS# 325062051 Listing URL

    Copyright © 2025 Bay Area Real Estate Information Services, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Licensed Cannabis Farm with Acreage

    Fire Mountain Farm, situated above the fog line at an elevation of 2,500+ ft, benefits from strong sunlight, fresh mountain air, and excellent airflow, creating ideal conditions for sun-grown cannabis. The 79-acre property is fully licensed and ready to operate, featuring a State Annual Adult-Use Large Outdoor Cultivation License and a 3-acre local use permit. The farm includes 3 acres of native soil canopy with organic inputs and a projected annual yield of 7,500-9,000 lbs (2,500-3,000 lbs/acre). Essential infrastructure includes two productive wells, two ponds, and a full PVC irrigation system. The property also features a 6,000 sq ft spray foam-insulated metal shop, a rustic cabin, and a single-wide trailer for on-site housing. An interior road system, partial fencing, and panoramic views enhance the property. This income-producing farm is suitable for seasoned operators or investors and is positioned for long-term growth and profit.
    Property Profile Location Intelligence

    Current Use by Public Records

    Cannabis farms

    Map

    City
    Lower Lake
    County
    Lake
    State
    California
    Longitude
    -122.5080571
    Latitude
    38.9066561

    Nearby Similar for Sale

    • $549,000

      Lower Lake Specialty Property

      Specialty property available for sale in Lower Lake, CA.
      16345 Main St, Lower Lake, CA 95457
      View Details

    FAQs

    What type of property is this?
    Cannabis farm - 79-acre licensed cannabis farm with infrastructure and potential for growth.
    Where is this cannabis farm located?
    The property is located at 21506 Morgan Valley Rd Lower Lake, CA.
    What is the asking price?
    The asking price for this property is $2,499,000.
    What are key features of this property?
    This property features: - State Annual Adult-Use Large Outdoor Cultivation License included.; - 3-acre local use permit for cannabis cultivation.; - Projected annual yield of 7,500-9,000 lbs of cannabis.
    (707) 433-2000
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

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    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    21506 Morgan Valley Rd Lower Lake, CA 95457
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