12796 Rose AveSelma, CA 93662

This exceptional 40-acre agricultural property in Selma, California (APN 393-031-23) presents a unique investment opportunity. The land features approximately 35 acres of Thompson vineyard situated within the Consolidated Irrigation District, ensuring a reliable water source. An additional agricultural well provides supplemental irrigation. The property also includes two houses; a larger residence of approximately 1,600 square feet and a smaller one of approximately 750 square feet. These homes share a domestic well. The asking price is $1,200,000. It's important to note the impact of the Sustainable Groundwater Management Act (SGMA) on groundwater usage. SGMA mandates sustainable groundwater basins by 2040 and requires Groundwater Sustainability Plans (GSPs) by 2020. These plans may impose limitations on groundwater pumping. Further details regarding SGMA regulations can be found at the official SGMA website. This property offers a compelling combination of established vineyard production, residential accommodations, and multiple water sources, making it an attractive investment in the fertile agricultural lands of Fresno County. The property is located at 12796 E Rose Ave, Selma, CA 93662.