Property summary
Exceptional opportunity to acquire a high-yield almond orchard spanning 296.87± acres in Waterford, California. This investment-grade property, located in Stanislaus County (APN: 008-008-011, 012, 013, 014, 015, 016, 017, & 018), boasts 272± net acres of established almond trees planted in three distinct phases. The orchard benefits from the reliable water supply of the Modesto Irrigation District, supplemented by two on-site pumps and wells. Efficient irrigation is ensured through a booster pump at the filter station, distributing water via a double-line drip system. The property is situated within the Stanislaus and Tuolumne Rivers Groundwater Basin and is zoned A240 - Agricultural, currently enrolled in the Williamson Act. The sale includes cooperation with a 1031 exchange. Please note that a life estate exists for the tenant residing in the home located on the property. This turnkey operation presents a compelling investment opportunity with significant potential for future growth and profitability. The asking price is $8,944,000. This property is located at Yosemite Blvd, Waterford, CA 95386.
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