27
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$19,500,000
Est. payment /mo
27,539,938 SqFt
Active
7455 Palmer RD Road Santa Maria, CA 93454
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Key Details
Property Type Vacant Land
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 27,539,938 sqft
Price per Sqft $0
MLS Listing ID 25-42
Lot Size 632.230 Acres
Acres 632.23
Lot Dimensions 2.75399388E7
Property Sub-Type Commercial
Source Santa Barbara Multiple Listing Service
Property 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.
Location
State CA
County Santa Barbara
Direction Property is located at the corner of Hwy 101 and Palmer Road.
Building
Lot Description Rural
Water Private
Others
Tax ID 101-060-060
Acceptable Financing Cash, Ctnl
Listing Terms Cash, Ctnl
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Listed by Berkshire Hathaway HomeServices California Properties