16029 Ave 136, Tipton, CA 93272

This 685.67 acre ranch, located approximately 5 miles east of Highway 99 near Tipton, CA, features 423.5 net acres of almonds and approximately 230 acres of open land that includes a 45 acre sand pit. The almond orchards consist of approximately 292 acres of high-yielding almonds (spaced at 22 x 16) and 131.5 acres of young almonds (spaced at 22 x 14). The almond mix is 50% Nonpareil, 25% Monterey, and 25% Wood Colony. The property benefits from multiple water sources, including six irrigation wells and surface water rights through the Lower Tule River Irrigation District, with seven turnouts on the canal. The Lower Tule surface water has sources from both the Friant Canal as well as the Tule river giving it a strong allocation. The almonds are irrigated with canal lift pumps, reservoirs, booster pumps, filter stations and fan jet systems. The property is located on nine parcels with Tulare County APNs 300-130-002, 015, 016, 025 & 300-080-021, 022 & 300-140-001, 002, and 020. The zoning is AE40 - Exclusive Agriculture, with a 40-acre minimum parcel size. According to USDA California Revised Storie Index, the soils are Class 1. The property lies within the boundaries of and receives surface water from Lower Tule River Irrigation District, which has a great recharge capability for the district as a whole, which helps with SGMA requirements in the future. The Sustainable Groundwater Management Act (SGMA) requires groundwater basins to be sustainable by 2040, with Groundwater Sustainability Plans (GSP) required by 2020. GSPs may limit the amount of well water pumped. This ranch offers long term sustainable income and potential tax benefits.