5385 Righetti Road

San Luis Obispo, CA 93401

$3,000,000
Price
4,791,600 / 110
Lot Size / Acres

Description

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....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.
  1. Listed by Jeffrey Prostovich • DRE #00800031 • Brokerage DRE #01935192 • BHGRE HAVEN PROPERTIES • 805-441-3777
  2. Listed by Leanna Satmari • DRE #01946074 • Brokerage DRE #01935192 • BHGRE HAVEN PROPERTIES

Property Details for 5385 Righetti Road

View
Hills, Pond, Reservoir, Valley
Lot Size Source
Assessor
Assessor Parcel Number
044061035
New Construction
No
Pool
No
View
Yes
Association
No
Association Fee
$.00
LISTING UPDATED: 11/04/2024 04:20 AM

Property Details for 5385 Righetti Road

StatusActive
MLS #SC24204960
Days on Market43
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLot/Land
Year Built-
Lot Size110.00 AC
CountySan Luis Obispo County

Virtual Tour

Building Information for 5385 Righetti Road

Lot Size110.00 AC

Property Information for 5385 Righetti Road

Income / Expense / Tax Details
Income Details
  • Current Financing: None
Tax / Assessment Info
  • Tax Census Tract: 115.05
  • CFD/Mello-Roos Fee: $0
  • Tax Lot: 16
Community / Development
Community / Development
  • Assessments: None
  • Community Features: Rural
Property / Structure Info
Interior Features
Exterior Features
  • Fence: Barbed Wire, Other
  • Fencing: Barbed Wire, See Remarks
  • Miscellaneous: Horse Allowed, Horse Facilities
  • View Description: Hills, Pond, Reservoir, Valley
Distance To
  • Distance To Water: on property
Land/Lot Info
  • Sign on Property: No
  • Additional Parcels Description: 044016036
  • Lot Features: Agricultural, Agricultural - Other, Agricultural - Tree/Orchard, Horse Property, Irregular Lot
  • Current Use: Agricultural, See Remarks
  • Current Use Comments: Hobby farm: Olive trees for olive oil production and cattle grazing
  • Possible Use: Agricultural, Horses, See Remarks
  • Possible Use Comments: Expanded olive trees for olive oil production and horse
  • Survey: Buyer Pays, Corners Marked
  • Land Lease: No
  • Land Lease Type: Fee
  • Road Surface Type: Paved
  • Road Frontage Type: Country Road
  • Water Well: Yes
  • Well Gallons Per Minute: 8
  • Well Report: Yes
  • Water: Private, See Remarks
  • Sewer: None
  • Utilities: Electricity Connected, Water Available
  • Electric: Electricity - On Property
  • Water Source: Agricultural Well, Private, See Remarks
Parking Info
  • Carport Spaces: 0
Property / Structure Info
  • Builders Tract Name: San Luis Obispo
  • Builders Tract Code: San Luis Obispo(380)

Property History for 5385 Righetti Road

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 5385 Righetti Road

Taxable ValueLand$34,310Additions$21,193Total$55,503
Tax Record2024$613 ($51 / month)
Home Facts
Lot Size3,946,535 SqFtStyleFarmsZoningAGCountySAN LUIS OBISPOAPN044-061-035

Schools near 5385 Righetti Road

This home is within San Luis Coastal Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 7 to 8
Public - 9 to 12
Public - K to 12
Rating
School
Distance
Los Ranchos Elementary School
PublicK to 6

Laguna Middle School
Public7 to 8

San Luis Obispo High School
Public9 to 12

Peep - De'Groot - Prepare School
PublicK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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5385 Righetti Road is a 110 ac of land for sale in San Luis Obispo, CA 93401. This property was listed for sale on October 5, 2024 by BHGRE HAVEN PROPERTIES, it's currently listed at $3,000,000. This listing's school district is San Luis Coastal Unified School District. Nearby schools include Los Ranchos Elementary School, Laguna Middle School and San Luis Obispo High School. 5385 Righetti Road is a 0-bed, 0-bath, 110 ac of land on a 4,791,600 sq. ft. / 110 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of BHGRE HAVEN PROPERTIES, Jeffrey Prostovich, DRE #00800031; BHGRE HAVEN PROPERTIES, Leanna Satmari, DRE #01946074

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