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$2,390,000
Est. payment /mo
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Lots/Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID V1-31218
Property Sub-Type Lots/Land
Property Description
Presenting an exceptional investment opportunity to acquire a substantial landholding located near Ojai, Cities of Ventura and Santa Paula in Ventura County. Encompassing approximately 858 acres (1.3 square miles but feels like 2), this expansive and fully usable property offers a unique blend of nature, privacy, accessibility, and long-term potential. Property of this size rarely becomes available in Ventura County.Strategically positioned in a secluded yet convenient location, the property is comprised of three different legal parcels with established paved electric gated access, city water, electricity, and utility easements. It also includes 10-acre feet of valuable adjudicated groundwater rights via a shared well, making it well-suited for up to 3 homestead parcels or livestock use. Not currently in Williamson Act and without any conservation easements, buyer to verify.With approximately 3,000 linear feet of shared boundary with the City of Santa Paula, the property has a history for possible future annexation or development. Previously considered for residential use, a comprehensive file of development studies--including a full Environmental Impact Report--is available for review at the Broker's office. Originally known as a part of the Fagen Canyon Project.This offering is ideal for investors seeking a 1031 exchange, land banking opportunity, or conservation-focused acquisition. The land features a desirable mild Mediterranean climate influenced by nearby coastal weather, along with a picturesque landscape of level terrain, gently rolling hills, and ocean-view ridgel
Location
State CA
County Ventura
Direction Property is located behind a locked gate. Please call listing agent.
Interior
Fireplace No
Exterior
View Y/N No
Others
Tax ID 0380050015
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Listed by Samuel Dunbar The Dunbar Group
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