Description
NEW WELL COMING!!! PART OF OWNERSHIP IN PROBATE! BRING ALL OFFERS!
Parcel 2 of Square Eleven Ranch in Santa Margarita is a rare piece of heaven in the quaint town of Santa Margarita These large ranches don't come up often on the market. (The city according to the county records is Creston.) Zoned Rural Lands this 511 acre ranch is just one piece of a larger ranch owned by the family for generations. Other parcels possibly for sale.
The parcel has an airplane hangar on a slab with an airstrip that the family used for ultralights. The airstrip does need some work after all these years! Flat land, to rolling hills to steep terrain with beautiful views of the mountains. Beautiful lake on the property. Currently the lake is about 2 acres, but in past times it has been as large as 10 acres. Dredging would be needed to enlarge the lake and of course more rain! Very good roads throughout the property. Part of property backs up to Forest Service land. There are two wells on the property. Check with the county for possible subdivision.
Only $2,933/ acre
Location
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6 Beds
8 Baths
15,000 Sq ft
$98,500,000
MLS# 22151423
ACTIVE
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Listing Agent: Debbie Hrabe
Listing Office: Vintage Investment Properties
