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Sold for $2,450,000 on 04/01/25
  • Listing Provided by: 

    Jeffrey Prostovich DRE #00800031 805-441-3777,

    BHGRE HAVEN PROPERTIES,

    Leanna Satmari DRE #01946074 805-801-1969,

    BHGRE HAVEN PROPERTIES

    Bought with: McNamara Real Estate
    $2,450,000

    5385 Righetti Rd #16, San Luis Obispo, CA 93401

    --beds
    --baths
    110Acres
    Unimproved Land
    Built in ----
    110 Acres Lot
    $-- Zestimate®
    $--/sqft
    $-- Estimated rent

    Home value

    Not available

    Estimated sales range

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    Zestimate® history
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    What's special

    Opportunity is Knocking with Olive Branches! For the first time in four generations, this 110 acre family ranch is looking for a new steward. The olive groves consist of 120 trees, mainly of Arbequina. The Arbequina oil won Best of Class/Gold in the 2018 California Mid-State Fair with Silver medals in 2010 and 2011. An irrigated orchard includes orange, lemon, tangerine, apricot, apple, pomegranate, fig, persimmon, and loquat. The remaining 100± acres are currently leased for a 22 cow-calf operation. The perimeter of the ranch is fenced. Water is supplied by a shared reservoir and a seasonal spring for orchards and livestock. Two storage tanks provide water for the orchards and livestock watering tank. The second well could accommodate more olive trees. The 20+ year old barn is 30 feet by 60 feet with metal siding, a built-in work bench, a partial concrete slab, and electricity. Plan your dream home on one of several scenic homesites with breathtaking views of the Nine Sisters mountain peaks. Enjoy the fruits of this hobby farm. Expand the olive oil production. Bring your horses. Raise your own livestock. To paraphrase a family member, “Across generations we learned to mend fences from our grandfathers and the joy of gardening and raising animals from our grandmothers. We enjoyed the peace that comes with having a place to call home in our heart.” Come discover what Edna Valley in popular San Luis Obispo has to offer your future generations. Contact your agent today for detailed information about what this opportunity has to offer.

    Zillow last checked: 8 hours ago

    Listing updated: April 07, 2025 at 03:54pm

    Listing Provided by:

    Jeffrey Prostovich DRE #00800031 805-441-3777,

    BHGRE HAVEN PROPERTIES,

    Leanna Satmari DRE #01946074 805-801-1969,

    BHGRE HAVEN PROPERTIES

    Bought with:

    Mike McNamara, DRE #01010742

    McNamara Real Estate

    Source: CRMLS,MLS#: SC24204960MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Property

    Features
    • Fencing: Barbed Wire,See Remarks
    • Has view: Yes
    • View description: Hills, Pond, Reservoir, Valley
    • Has water view: Yes
    • Water view: Pond,Reservoir
    Lot
    • Size: 110 Acres
    • Features: Agricultural, Horse Property, Irregular Lot, Orchard(s)
    Details
    • Additional parcels included: 044016036
    • Parcel number: 044061035
    • Zoning: AG
    • Special conditions: Standard
    • Horses can be raised: Yes

    Utilities & green energy

    • Electric: Electricity - On Property
    • Sewer: None
    • Water: Agricultural Well, Private, See Remarks
    • Utilities for property: Electricity Connected, Water Available, Sewer Not Available

    Community & neighborhood

    Community
    • Community features: Rural
    Location
    • Region: San Luis Obispo
    • Subdivision: San Luis Obispo(380)

    Other

    Other facts
    • Listing terms: Cash,Cash to New Loan
    • Road surface type: Paved

    Price history

    DateEventPrice
    4/1/2025Sold$2,450,000-18.3%
    Source: CRMLS #SC24204960
    12/7/2024Contingent$3,000,000
    Source: CRMLS #SC24204960
    10/5/2024Listed for sale$3,000,000
    Source: CRMLS #SC24204960

    Public tax history

    Tax history is unavailable.

    Neighborhood: 93401

    Nearby schools

    GreatSchools rating