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Licensed Outdoor Cannabis Farm
For Sale
$1,899,000

21506 Morgan Valley Road, Lower Lake, CA 95457

Land, Lower Lake, CA

Property SizeContact for details
Lot Size79.00 Acres
Days on Market8

Property Features for 21506 Morgan Valley Road

General Information

Property type Land
Property subtype Other
Zoning RL & TPZ
Zoning description Agricultural, Agricultural/Residential, Farm/Ranch, Livestock, Recreation, Timber Production
Vegetation Brush, Grassed
Fencing Cross Fenced
Lot features Building Pad, Secluded, Shape Regular
View Valley, Hills
Elementary school district Konocti Unified
Middle school district Konocti Unified
High school district Konocti Unified
Directions Go East on Morgan Valley Rd. CAll LA for APT
Subdivision Lake County
Standard status Active
APN 012069170000
Lot size 79.00 Acres

Utilities

Utilities Water Available
Water source Private
Listing Agency: Luxe Places International Realty
Listed By: Forest N Elie · License #02204792
Added: Sep 30 Last Checked: Oct 7 at 3:06AM
MLS# 326082745

Copyright © 2026 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.

Investment Insights

Based on property information with market context.

This 79-acre cannabis property includes a 3-acre native-soil canopy cultivated with organic inputs. The operation holds a State Annual Adult-Use Large Outdoor Cultivation License and a local use permit covering 3 acres. Improvements include a 6,000-square-foot metal shop with spray-foam insulation, a rustic cabin, and a single-wide trailer. Interior roads, fencing, and a PVC irrigation system serve the property, along with two productive wells and two ponds.

The farm sits above the fog line at an elevation of 2,500+ feet. Zoning is RL & TPZ. Projected annual yield is 7,500–9,000 pounds, or 2,500–3,000 pounds per acre.

Key Highlights

  • 79 acres with a 3‑acre native‑soil cultivation canopy
  • State Annual Adult‑Use Large Outdoor Cultivation License and 3‑acre local use permit
  • Projected annual yield: 7,500‑9,000 lbs (2,500‑3,000 lbs/acre)

Property Analytics

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Current Use

Cannabis Properties

Location Intelligence

Demographics for 95457, CA

3,231
Population
1,801
Households
1.8
Avg Household Size
47
Median Age
22%
College-Educated
88%
High-School Grad
147.9 sq mi
ZIP Area
22
Density / Sq Mi
$52,266
Median Household Income
$32,839
Median Earnings
$1,078
Median Rent
$414,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Cannabis property - Licensed outdoor cultivation is supported by water infrastructure, a metal shop, and on-site lodging.
Where is this cannabis property located?
The property is located at 21506 Morgan Valley Road Lower Lake, CA.
What is the asking price?
The asking price for this property is $1,899,000.
What are key features of this property?
This property features: 79 acres with a 3‑acre native‑soil cultivation canopy; State Annual Adult‑Use Large Outdoor Cultivation License and 3‑acre local use permit; Projected annual yield: 7,500‑9,000 lbs (2,500‑3,000 lbs/acre)
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