The property consists of approximately 70+/- acres of producing agricultural land planted to a mix of avocado and lemon orchards. Approximately 9.8 acres are planted with mature avocados, 33 acres are planted with mature lemon trees, and about 27 acres are planted with lemons established in 2020. This diverse planting mix offers a balance of stable, current production from the mature orchards along with long-term upside potential from the younger lemon plantings as they continue to progress toward full maturity and higher yields. According to the owner, the orchards have not required wind machines since the initial planting, suggesting a favorable microclimate that may help reduce both operating expenses and future capital improvement costs. The property offers two potential home site locations with ocean views, including one site already equipped with water and power. A recently remodeled single-story residence provides modern comfort while preserving the charm and character of a rustic farmhouse aesthetic. In addition to the existing home, the property features multiple elevated building site opportunities showcasing sweeping ocean and valley views. A substantial +/-5,000 square foot shop building further enhances the functionality of the ranch and includes a working shower and bathroom. Altogether, this versatile offering is well-suited for buyers seeking both dependable agricultural income and exceptional residential lifestyle potential.
Lot/land
Price cut: $1.2M (3/15)
$4,325,000
370 Hemi Rd, Arroyo Grande, CA 93420
--beds
--baths
107.31Acres
Agriculture
Built in ----
107.31 Acres Lot
$3,213,100 Zestimate®
$--/sqft
$-- HOA
What's special
Favorable microclimate
- 1 day |
- 122 |
- 3 |
Zillow last checked: 7 hours ago
Listing updated: March 15, 2026 at 02:18am
Listed by:
Jim Stollberg DRE#: 02282911 805-310-9322,
Rincon Corporation
Source: North Santa Barbara County MLS,MLS#: 26000482
Facts & features
Property
Features
- Has view: Yes
- View description: Ocean, Panoramic
- Has water view: Yes
- Water view: Ocean
Lot
- Size: 107.31 Acres
- Features: Other Agriculture, Orchard(s), Other Improvements
Details
- Parcel number: 047311003
- Zoning description: Coastal,Rural Land,Residential Rural,Res Agriculture,Agricultural
- Special conditions: Standard
Utilities & green energy
- Sewer: Septic Tank
- Water: Well, Well (Pump Installed)
- Utilities for property: Electricity Connected, Propane
Community & HOA
Location
- Region: Arroyo Grande
Financial & listing details
- Tax assessed value: $3,574,781
- Annual tax amount: $38,043
- Date on market: 3/15/2026
- Listing terms: New Loan,Cash
- Electric utility on property: Yes
Estimated market value
$3,213,100
$2.31M - $4.31M
$2,798/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 3/15/2026 | Price change | $4,325,000-21.3% |
Source: | ||
| 2/15/2024 | Listed for sale | $5,495,000 |
Source: | ||
| 12/16/2023 | Pending sale | $5,495,000 |
Source: | ||
| 8/14/2023 | Listed for sale | $5,495,000+105.4% |
Source: | ||
| 9/24/2019 | Sold | $2,675,000-0.9% |
Source: | ||
| 9/3/2019 | Pending sale | $2,700,000 |
Source: Allan Real Estate Investments #PI19134390 Report a problem | ||
| 9/3/2019 | Listed for sale | $2,700,000 |
Source: Allan Real Estate Investments #PI19134390 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $38,043 +25.4% | $3,574,781 +23.6% |
| 2024 | $30,335 +1.2% | $2,891,403 +2% |
| 2023 | $29,988 -1.7% | $2,834,710 +2% |
| 2022 | $30,492 +4.3% | $2,779,129 +2.8% |
| 2021 | $29,244 +1.2% | $2,702,713 +1% |
| 2020 | $28,910 +1122.1% | $2,675,000 +1100% |
| 2019 | $2,366 +1.3% | $222,923 +2% |
| 2018 | $2,336 +2% | $218,553 +2% |
| 2017 | $2,291 +6.1% | $214,269 +2% |
| 2016 | $2,159 +0% | $210,069 +1.5% |
| 2015 | $2,159 | $206,914 |
Find assessor info on the county website
BuyAbility℠ payment
Estimated monthly payment
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Boost your down payment with 6% savings match
Earn up to a 6% match & get a competitive APY with a *. Zillow has partnered with to help get you home faster.
Learn more*Terms apply. Match provided by Foyer. Account offered by Pacific West Bank, Member FDIC.Climate risks
Neighborhood: 93420
Nearby schools
GreatSchools rating
- 5/10Nipomo Elementary SchoolGrades: K-6Distance: 4.1 mi
- 4/10Mesa Middle SchoolGrades: 7-8Distance: 3.5 mi
- 8/10Nipomo High SchoolGrades: 9-12Distance: 3.1 mi
Local experts in 93420
- California
- San Luis Obispo County
- Nipomo
- 93420
- 370 Hemi Rd




