$1,623,000

6010 Olive Road

Corning CA, 96021

Description

40 acres of class I soils planted to producing Chandler walnuts, multiple irrigation wells, 35.7 Kwh solar array, attractive home and useful shop. In addition to income from the walnut orchards, the homes solid rental history provides significant rental income.6010 Olive Road Home; Built in 2002, this 1,970 sqft home has 3 bedrooms, 2 baths, 2 car attached garage plus another room off the entry hall used as an office. The all electric kitchen has maple cabinets, newer built-in appliances, tile counters and floor. The great room has a vaulted ceiling, wood burning stove and opens to fenced rear yard with covered concrete patio. In addition to central heating and air conditioning, the whole house fan is located within the separate laundry room with sink. Landscaping includes front and rear lawns, mature shrubs and trees plus fenced and gated front yard with concrete circular driveway and small fountain. This home is rented at $1,300 per month.6010 Olive Road Shop; Built in 2010, this 2,376 sqft all-metal shop has concrete floor, power and is fully insulated. The shop has (2) 14 x 14 roll-up doors plus (2) man doors. In front of the shop is a 36 x 70 concrete apron and behind the shop is 1,188 sqft all-metal lean-to with concrete floor with one bay fully enclosed.6010 Olive Road Walnuts; 8.6 acres of this 10 acre parcel were planted about 1990 to Chandler on paradox rootstock. The tree spacing is 27 x 27, 60 trees per acre. Irrigation by above ground drip tubing and (2) micro-jets per tree. The annual average production for the last 3 years is 3,171 inshell pounds per acre. 2020 production was 3,487 inshell pound per acre.5900 Olive Road Walnust; 27 acres of this 30 acre parcel were planted in 2013 to Chandler on paradox rootstock. Tree spacing is 18 x 25, 97 trees per acre. Irrigation by solid set system with Nelson R10 sprinklers (25x36). The annual average production for the last 2 years is 4,258 inshell pounds per acre. 2020 production was 3,699 inshell pound per acre. 5900 Olive Road Solar; In 2016, Chico Electric installed a ground mount 35.7 Kwh solar array. The array is is owned and designed to offset most of the electricity cost to irrigate the orchards. 5900 Olive Road Water: In 2015, a 16 cased well was completed to a depth of 440. This well with new pump and motor allows orchards to be irrigated in one set. A second irrigation well is located on this parcel but it is not utilized.

Details

MLS#SN20213983
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Days On Site216

Features

ZoningEA, AP
Acreage40.00
Water FrontNo
Property ViewYes
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Area Information
StateCA
CountyTehama
CityCorning
Zip Code96021
Listing VS Median (in 96021)
Price:
$1,623,000
low | high
Med:
$325,000
100% of Average
On Site:
216
low | high
Med:
32
100% of Average
Sourced by Back At You
Listing Updated: May 12, 2021 7:15:42 AM PDT
Sam Mudd LogoMLS Number: SN20213983
Listing Provided By:
Sam Mudd  of  AG-LAND Investment Brokers
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