This ideally located income producing farm has just been reduced for the 2013 season to $33,000/acre. A total price of $945,000. Stats for this farm are as follows..
Location: Corner of 53rd/Calhoun. Two paved roads, and approx. 5 minutes from the Polo Clubs and 10 minutes from grocery stores, cleaners, pharmacy, coffee shop. Old Town La Quinta is 10 minutes away also.
Features: Private Well that is approx. 500 ft. deep. CVWD water for irrigation. Small home that rents for approx. $500/month and is currently rented. Out-buildings that are currently rented for approx. $1,000/mo. Well irrigated alfalfa fields that produce approx. 7-9 cuts/yr.
Zoning: A-2 Two homes/acre. Could easily be sub-divided into 4 parcels and the well would serve all 4 parcels.
Recent Sales in the immediate area: In the past 6 months there have been 4 land parcels sold within a couple miles of this lovely ranch. Price/acre has ranged from $22,000-$26,000/acre. Those ranches were not located as close to La Quinta nor were they already under work like this one is.
Grab this farm if you are looking this season..the phone has been ringing!
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