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7455 Palmer Rd - Loma Verde
632 Acres of Commercial Land Offered at $19,500,000 in Santa Maria, CA 93454
Investment Highlights
- New Plantings
- Excellent Water
- Ag Enterprise Ordinance Potential
Property Facts
| Price | $19,500,000 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | Agribusiness |
| No. Lots | 1 | Total Lot Size | 632.23 AC |
| Property Type | Land |
| Price | $19,500,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Agribusiness |
| Total Lot Size | 632.23 AC |
1 Lot Available
Lot
| Price | $19,500,000 | Lot Size | 632.00 AC |
| Price Per AC | $30,854 |
| Price | $19,500,000 |
| Price Per AC | $30,854 |
| Lot Size | 632.00 AC |
Description
Loma Verde is a premium vineyard property located in Santa Barbara County, just minutes from the charming town of Los Alamos. The 632 acre property is a unique investment opportunity for discerning buyers seeking to capitalize on the region's rich agricultural heritage, bolstered by the newly approved Santa Barbara County Agricultural Enterprise Ordinance. Initially developed in 2000, the vineyard is planted to 174 acres of Chardonnay and 68 acres of Pinot Noir. The vineyard has demonstrated exceptional output, supported by contracts with prominent wineries such as Duckhorn and Jackson Family Wines. The property boasts a robust water infrastructure with two high-capacity wells producing 750 and 2,000 GPM feeding two reservoirs with a combined capacity of 54 acre-feet. Access to natural gas offers a reliable and cost-effective energy source for the vineyard to efficiently power its irrigation systems. Santa Barbara County's new Agricultural Enterprise Ordinance allows for rural recreational and agritourism uses such as small-scale campgrounds, farmstays, and incidental food service. Loma Verde is perfectly positioned to take advantage of these opportunities with its ample acreage, vineyard, abundant water, strategic location on Hwy 101, and proximity to Los Alamos. Whether you envision expanding the vineyard, developing a winery, or diversifying revenue streams through agritourism, Loma Verde presents an unparalleled opportunity for new ownership to elevate its legacy.
PROPERTY TAXES
| Parcel Number | 101-060-060 | Improvements Assessment | $4,913,895 |
| Land Assessment | $1,568,656 | Total Assessment | $6,482,551 |
PROPERTY TAXES
zoning
| Zoning Code | AGII |
| AGII |
Presented by
7455 Palmer Rd - Loma Verde
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