Newberry Springs, CA 92365,47411 Cottonwood RD
Newberry Springs, CA 92365,47411 Cottonwood RD
Newberry Springs, CA 92365,47411 Cottonwood RD
Newberry Springs, CA 92365,47411 Cottonwood RD
Newberry Springs, CA 92365,47411 Cottonwood RD
Newberry Springs, CA 92365,47411 Cottonwood RD
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$695,000

$759,000

8.4%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

Est. payment /mo

4 Beds

3 Baths

2,055 SqFt


SOLD DATE : 10/04/2023

Key Details

Sold Price $695,000

Property Type Single Family Home

Sub Type Farm

Listing Status Sold

Purchase Type For Sale

Square Footage 2,055 sqft

Price per Sqft $338

MLS Listing ID ML81933585

Sold Date 10/04/23

Bedrooms 4

Full Baths 3

HOA Y/N No

Year Built 1968

Lot Size 56.865 Acres

Property Description

Here is your opportunity to invest in a producing Kerman Pistachio Farm with a 4/3 2000+/- sq. ft ranch house and RV pad on 56 +/- acres in Newberry Springs, CA of San Bernardino. This farm has over 3500 7 years young, producing Kerman Pistachio trees on 40 acres of Cajon Loamy Sand 7e soil. The trees have a long life ahead of them and the production is a cap rate of approx. 7%. The remaining acreage is ready for your expansion and includes a 4 bed 3 bath 2000+/- sq. ft. home, RV pad, and 2500 +/- sq. ft. storage building. The site has a gated entry and perimeter fencing. The well has good production with 3 phase power. Rent out the Ranch house and your cap rate can exceed 8%.

Location

State CA

County San Bernardino

Zoning RL-5

Interior

Fireplace No

Exterior

Garage Spaces 2.0

Garage Description 2.0

Fence Barbed Wire

Utilities Available Other

View Y/N No

Roof Type Other

Attached Garage No

Total Parking Spaces 2

Building

Water Agricultural Well

Architectural Style Ranch

New Construction No

Schools

School District Other

Others

Tax ID 0531141270000

Financing Private

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Danielle Davenport • KW Bay Area Estates
Bought with RECIP • Out of Area Office

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Kris Rainwaters

REALTOR® | Lic# 02111780

+1(602) 561-3114

PO Box 106 Lake Arrowhead, CA 92352

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