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$ 1,300,000
Est. payment /mo
Price Dropped by $11.7M
0 N. Of Bittersweet Valley RD Lost Hills, CA 93249
562.77 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 652968
HOA Y/N No
Lot Size 562.770 Acres
Property Sub-Type Unimproved Land
Property Description
LocationProperty is located in Lost Hills, west of HWY 46 and north of Bitterwater Valley Road.Size+/-562.77 Assessed AcresLand UseThe property consists of open rangeland and has not been grazed in recent years.Mineral rights are included on two (2) of the four (4) parcels. The property also contains an old gas well that was capped many years ago.LegalKern County APNs: 068-020-06-02-6, 068-020-06-02-7, 068-020-06-02-11 and 068-020-06-02-16Groundwater DisclosureSustainable Groundwater Management Act (SGMA) requires groundwater basins to be sustainable by 2040. SGMA may limit ground water pumping. For more information, please visit the SGMA website.The Buyer is responsible for conducting their own research to verify all information related to groundwater and surface water resources, including availability, usage rights, and potential restrictions.RemarksPer the seller, a well was drilled on the property and encountered natural gas. The well was subsequently capped. Included in this sale is the mineral rights to two of the property's four parcels. Based on this history, the seller believes this property presents a unique investment opportunity with potential for future oil, natural gas, or mineral development. Buyers are encouraged to conduct their own due diligence regarding the property's mineral rights and resource potential.
Location
State CA
County Kern
Exterior
Utilities Available None
Building
Lot Description Irregular Lot, Rolling Slope, More Than 5 Acres
Sewer None
Schools
Elementary Schools Lost Hill Union
Middle Schools A M Thomas
High Schools Lost Hills Union
Listed by Michael R Bliss Schuil Ag Real Estate Inc.
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