400 N Oakglen Avenue, Nipomo, CA 93444 (MLS # SC25021245)

Price $3,950,000
Status Active
Beds 0
Baths 0 Bath
Home size n/a
Lot Size 99.00 ac
Days on Market 172
Approximately 20 acres of the Property adjacent to the High School has an antiquated, unrecorded underlying 1887 subdivision map. The county uses it in defining the assessor parcels (APNs). The assessor's parcel map is used herein to determine acreage but it only references the lots in the antiquated subdivision map and therefore the acreage for the nonexistent paper streets and alleys are not included in the 99 +/- acres referenced herein. Owned today by direct descendants of the famous Captain Dana who owned the original 1837 Mexican Land Grant, the Property has a long history of irrigated farming. It is currently leased to a grower who has been growing squash and peppers. Currently there are 76 acres leased with rents at 1,500 dollars per acre per year totaling 114,000 dollars annually, with some potential to add additional acreage. The lease expires November 30, 2025. The Property is In the vicinity of other irrigated farming operations, including strawberries, vegetables, avocados and citrus. There is one irrigation well that is reported to produce 450 GPM currently. Water is delivered via a combination of underground and above ground pressurized main lines. There is a cell tower located on the Property which brings in about 22,000 dollars annually with annual increases. The Property is located in the Sphere of Influence of the Nipomo Community Services District. It is not subject to a Williamson Act contract.
Property Type(s): Lot/Land/Acreage
Last Updated 7/8/2025 Tract Nipomo(340)
Year Built 0 Community NPMO - Nipomo
County San Luis Obispo

Additional Details

AREA NPMO - Nipomo
LOT 99 acre(s)
LOT DESCRIPTION Agricultural
SUBDIVISION Nipomo(340)
VIEW Yes
VIEW DESCRIPTION Neighborhood
WATER Well

Location

 

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Listed with Rincon Corporation

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Based on information from California Regional Multiple Listing Service, Inc. as of 7/19/25 8:30 PM PDT and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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