0 Cold Springs Rd Montecito, CA 93108
Exceptional investment opportunity: Clark's Valley Ranch encompasses 1,760± acres of prime rangeland in Montecito, California (Santa Barbara County, zip code 93108). Located approximately 45 minutes east of Madeline, CA, this high-altitude property (6,200-foot elevation) boasts gently rolling terrain ideal for efficient livestock management. The ranch features multiple springs and a pond, ensuring ample water for livestock. Currently supporting 150 cow-calf pairs from mid-May to November under a year-to-year lease, the ranch offers consistent forage throughout the grazing season. New perimeter and cross-fencing, along with community cattle handling facilities (corrals, loading chute, and scale), enhance operational efficiency. A significant advantage is the inclusion of 980± acres of BLM land within the fenced perimeter, totaling approximately 2,740± acres of fenced land. Beyond livestock grazing, Clark's Valley Ranch presents exceptional recreational opportunities. The property is designated as Zone X5b under the Private Lands Management (PLM) program, providing exclusive access to one marketable deer tag annually and one marketable pronghorn antelope tag every other year. Abundant wildlife includes deer, antelope, elk, quail, doves, and ducks. This property is zoned X5b and presents a unique combination of agricultural land, hunting grounds, and a strong investment potential. The asking price is $1,200,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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