Property Detail

9151 W Lilac

Escondido CA 92026

$1,600,000

Status: Active

Property Details

Description

Expansive 55-Acre Lemon Grove with Residential Income and Development Potential Nestled in a serene rural setting just one mile from the I-15 freeway, this expansive 55-acre property offers a unique blend of agricultural productivity, residential income, and future development possibilities. At the heart of the property stands a quaint 1,476 square foot house, originally built in 1963 to serve as farm worker housing. Currently rented out at $2,600 per month, this income-generating asset adds to the property's appeal. Managed by a dedicated farm manager, the operation of the lemon grove and residential unit ensures a seamless investment opportunity. The property boasts two wells, providing ample water supply essential for sustaining the thriving lemon grove and other agricultural activities. Rolling hills characterize the landscape, offering picturesque views and a tranquil environment ideal for farming or potential development. Beyond its agricultural productivity, this property holds significant development potential. With its proximity to the freeway and expansive acreage, envision creating a private estate, expanding agricultural operations, or exploring residential development opportunities. The adjoining 83-acre parcel to the south and the 16-acre five-lot parcel map to the west provide additional options for expansion or investment diversification. Whether you are seeking a productive agricultural investment with residential income, exploring development opportunities, or simply embracing the idyllic lifestyle of rural living, this property offers a rare opportunity to realize your vision. Don't miss out on securing your stake in this exceptional property that combines income, potential, and rural charm. Schedule your visit today and envision the possibilities awaiting you.

Map Location

Listing provided courtesy of Jerome Stehly of Premier Realty Associates. Last updated 2024-09-07 08:21:33.000000. Listing information © 2024 CRMLS.

Steele Realty Group

Steele Realty Group

Real estate https://www.royacdn.com/unsafe/Site-4f49a9be-20f3-4cec-be58-b7dc6a64d2f5/homepage_images/Screenshot_2021_07_16_161602.jpg realtor # # https://www.royacdn.com/unsafe/Site-4f49a9be-20f3-4cec-be58-b7dc6a64d2f5/homepage_images/Screenshot_2021_07_16_161602.jpg