Newberry Springs, CA 92365,47411 Cottonwood RD
Newberry Springs, CA 92365,47411 Cottonwood RD
Newberry Springs, CA 92365,47411 Cottonwood RD
20
$695,000
$759,000
8.4%
Est.Price: ?

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4 BD
3 BA
2,055 SqFt

47411 Cottonwood RD Newberry Springs, CA 92365

Est. payment /mo
SOLD DATE : 10/04/2023

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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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Paco Licea

Broker | License ID: 01337048

+1(951) 213-9131

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