2682 Canyon Crest Dr - Agricultural LAND FOR SALE


Escondido, CA 92027 1,389,564 SF
$950,000 USD
760-420-1632
2682 Canyon Crest Dr, Escondido, CA for Sale
$950,000 USD
Agricultural LAND - FOR SALE
1/14
1,389,564 SF

2682 Canyon Crest Dr
Escondido, CA 92027


HIGHLIGHTS

  • Mix of mature and young avocado trees
  • Beautiful building pad
  • Cheap agricultural water

OVERVIEW

The Buyer can take advantage of the turnkey nature of the property and utilize a farm manager to offer a fully passive investment option. Alternatively, the Buyer could construct a new home on the building pad and have their own private trophy ranch. The property is private and serene, yet in close proximity to major commercial and retail services in Escondido. The building pad boasts incredible views of San Pasqual Valley and Eagle Crest Golf Course to the southeast. The owners have invested significant money into stumping and replanting the grove, which offers the new buyer a long-term investment with little cap-ex requirements. Irrigation water is provided via Escondido Municipal Water District on a unique agricultural recycled water rate program. The cost of water is substantially lower than other districts in Southern California's avocado growing regions. Each tree has its own micro sprinkler, which is supplied via the 3" water meter. Additionally, there is a 1" meter at the building pad. The City of Escondido has approved the "Easter Recycled Water System Project", which will provide agricultural water to growers surrounding the City of Escondido's Hogback Reservoir. Once completed, the irrigation water rates on the property will be reduced significantly.

FOR SALE DETAILS

PRICE

$950,000 USD

PRICE/ACRE

$29,781/AC

PRICE/SF

$0.68 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

Canyon Crest Avocado Ranch

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Agricultural

LAND PROPOSED USE

Single Family Development, Agricultural, Agribusiness, Single Family Residence

LAND ACRES

31.9 AC

LAND SF

1,389,564 SF

OFFSITE IMPROVEMENTS

Sewer, Water, Electricity, Gas, Streets, Irrigation

ZONING

A-70

APN/PARCEL ID

240-230-34,240-230-35

ASK ABOUT THIS PROPERTY

Dylan MarschallKidder MathewsMore Info
760-420-1632

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Dylan MarschallKidder MathewsMore Info
760-420-1632

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.