$15,397,500

For Sale

28000 W Jayne Ave, Coalinga, CA 93210

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614.00 acres

Farm · Farm · 165 days on Properkey

Description

Prime Location in Pleasant Valley Water District Nestled within the Pleasant Valley Water District, this property benefits from robust water resources and innovative management. The district features a dedicated water banking program that supports groundwater recharge and sustainability, making this ranch ideally suited for water banking initiatives to ensure long-term agricultural viability. With reliable access to irrigation wells and a new reservoir installed in 2021, the setup promotes efficient water use in California's premier farming region.Unique Microclimate - The Napa Valley for Pistachios Pleasant Valley offers an exclusive microclimate optimized for pistachio growth, where it's the dominant permanent crop thriving under conditions unmatched elsewhere. Often hailed as the Napa Valley of pistachios, the area delivers exceptional quality and yields. In Fresno County, pistachio production reached over $1.7 billion in value for 2024, highlighting the region's economic powerhouse status in nut farming.Advanced Solar Power Integration The ranch includes a powerful 512 kW AC solar system that offsets a significant portion of electricity costs for pumping from the electric wells. Paired with booster pumps, a full drip irrigation system, and water filtrationall upgraded in 2021this setup minimizes operational expenses while advancing sustainable practices.Impressive Production History Featuring mature Kerman pistachios on UCB-1 and PG1 rootstocks (planted 2), the orchard boasts a 7-year average yield exceeding 1.3 million pounds annually. Fresno County's total agricultural value hit $9.03 billion in 2024, with pistachios playing a starring role.Guaranteed Revenue with 5-Year Nut Purchase Contract Secure stable returns through a 5-year nut purchase contract offering a $0.15 per pound premium over the market base price. This above-market incentive enhances profitability right from acquisition.Export Opportunities and Tax Advantages Pistachios can be sold domestically or exported for added revenue.

Agent & source

Listed by
Robert I. Stites
Brokerage
Agriwealth, Inc.
DRE
#02192758
MLS # 648381 Source FRESNO

Property details

Property Features

Current Use
Pistachios
Lot features
Rural, Total Parcel Only
Topography
Flat

Exterior & Parking

Other Structures
Other

Utilities

Water Source
Well

Nearby

Active Pending Closed Rental
Elementary
Dawson
Middle
Coalinga
High
Coalinga

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