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0 Palazzo RD Los Banos, CA 93635
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Key Details
Sold Price $5,044,200
Property Type Vacant Land
Listing Status Sold
Purchase Type For Sale
MLS Listing ID MC24117194
Sold Date 08/19/24
HOA Y/N No
Lot Size 252.210 Acres
Property Description
Water is like liquid gold to farmers; this 252.21 acres has water rights from the San Luis Canal Company, arguably the best water rights in the state! Five parcels; three farmed fields. Field 1 (107 ac) and Field 2 (81 ac) are currently in alfalfa (2nd year). Field 3 (73 ac) is in cotton. San Luis Canal Company (SLCC) has Pre-1914 appropriative water rights, and historically provided water to its members during the toughest drought years.
Location
State CA
County Merced
Zoning A-20
Interior
Fireplace No
Exterior
Fence None
Community Features Rural
View Y/N No
View None
Present Use Agricultural
Building
Lot Description Agricultural
Water See Remarks
New Construction No
Others
Senior Community No
Tax ID 070080013000
Acceptable Financing Cash, Conventional, 1031 Exchange
Listing Terms Cash, Conventional, 1031 Exchange
Financing Cash
Special Listing Condition Standard
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Bought with NONE NONE • None MRML
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