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Rancho Dos Vasos

$19,900,000
MapPin Ventura, CA
375.79 Acres
  • Farmland
  • Ranch
  • Permanent Crop

Property Description


2021 East Telegraph Road, Fillmore, Ventura County, CA 93015

Rancho Dos Vasos is a 376± acre avocado ranch made up of six contiguous parcels in Ventura County, California.

Rancho Dos Vasos is located on the northern side of an easy access, major highway (Hwy 126) that runs through Fillmore, a rural, unincorporated portion of Ventura County. Supporting a mix of older trees and new development, this property presents an opportunity for both immediate and long term revenue generation. Rancho Dos Vasos is irrigated with two high quality wells located within the Fillmore basin, which provide excellent quality, reliable groundwater at a relatively inexpensive rate compared to similar competitive growing regions. Current ownership has invested approximately $7 million in capital expenditures on irrigation infrastructure, new plantings, interior road improvements, and drainage systems. California produces 90% of the avocados grown in the U.S. This coastal county is a robust agricultural region where the market supports 3,846 total producers and hosts rich, sandy soils and an exemplary climate that easily supports avocado crops. This entirely renovated and upgraded property is projected to produce 2,668,320 total pounds at maturity, or approximately 11,150 pounds per acre, an above average commodity harvest. There is potential for new owners to keep existing management in place, providing a streamlined transition of ownership. With the hard work and infrastructure updates done, new owners will be able to enjoy quality production, upgraded office space, an agricultural barn, shop, and residential home on their state-of-the-art avocado ranch.

The property has two turbine wells, various booster stations and injection stations, and three water storage reservoirs. The primary well produces approximately 900 (Gallons Per Minute) GPM of good quality irrigation water. The backup well was refurbished in 2019 and produces approximately 500 GPM and the Primary Well (Well 2) was newly drilled in 2021. The irrigation water delivery system is solid-set micro sprinklers supplied by poly tubing. The age of the delivery system is generally new having been completely refurbished since the property was acquired and is considered state-of-the art for modern avocado groves. There are over 200 acres irrigated by this system along with the future development area.

Information on the Fillmore-Piru Water Basin can be found https://www.fpbgsa.org/piru-final-gsp/ and https://s29420.pcdn.co/wp-content/uploads/2022/02/Final-Piru-Basin-GSP_ADOPTED_12-16-2021-without-appendices.pdf.

More information will be made available in the data room to potential Buyers upon execution of the non-disclosure agreement. The non-disclosure agreement is available in the documents section below.

Zoning

(AE-40): Agricultural Exclusive, 40ac min.; (OS-40 & OS -160): Open Space Zone, 40ac &160ac min

Property Details

Features

  • Checkmark Agricultural

Current Use

  • Checkmark Agricultural / With Buildings

Utilities to Site

  • Checkmark Private Well

Checkmark

House

      Location

      Property Docs

      Document

      Non-Disclosure Agreement

      Agent BIO

      About Dylan Marschall

      Dylan Marschall is a 5th generation California farmer from San Diego, California. While obtaining his degree in finance with an emphasis on real estate, Dylan worked as an intern with Cushman and Wakefield doing real estate appraisals and consultation, specializing in land and agribusiness. He then worked as a full-time appraiser for three years before transitioning to transactional brokerage at CBRE. During his tenure at the world's largest commercial real estate firm, he was responsible for the growth of the National Agricultural Practice and participated in a wide range of significant real estate transactions, exclusively focused on agricultural properties and land. Dylan is now a Senior Vice President at Acre Pro, specializing in California Agribusiness and is also a partner on a specialty crop operation in San Diego that grows 400 acres of permanent plantings. When Dylan isn’t in the field or tending to client needs, he can be found surfing, fishing, or going on hikes with his chocolate lab (Doyle), wife (Samantha), and daughter (Saylor).