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Bettencourt Family Property

MLS Number: CA419397
Price : $25,000,000
Sold Price : $0
Type: Home
Features: N/A
Acreage : 750.00
State: California
County: Merced
Status: Active
Property Documents: N/A
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God just isn't making any more properties like this! Diversified income-producing property encompassing 750 +/- acres on the Merced River. Opportunities for farming with, arguably, one of the best water rights in Northern California...backed up by two deep wells. Income-producing partnership with a farming-friendly aggregate company, controlling a hot mix (asphalt) plant, and a large percentage of the last virgin aggregate deposits in the area. Gorgeous recreational and fishing opportunities on more than a mile of the river and adjacent ponds. The property is located near enough to be convenient to major marketing yet far enough to be isolated from "civilization."PROPERTY HIGHLIGHTS:750 +/- acres bordering the Merced River for one mileIncome-generating opportunityLocated in Qualified Opportunity ZoneCarries three types of water rights: riparian, adjudicated, and contractFarming:500 +/- acres are being used as farmlandIrrigation water distributed through pipeline & open ditchesTwo deep wellsWell 1: 600' deep, producing 3,000 GPMWell 2: 600' deep, producing 750 GPM35 +/- acre plot houses the asphalt processing plantMine permitted to the ranch & leased to Santa Fe Aggregates156 +/- acres are enhanced by ponds and reclaimed farmland56 +/- acres non-farmed area features4 homes750-head feedlotAn old dairy barnLeveesOpen SpaceExcellent recreational and fishing opportunitiesConvenient to major markets yet far enough to be isolated from civilization



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