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$119,000   Price Analysis
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1201 Cactus Flats Rd
Olancha, CA 93549
Unknown bed 0 bath unknown SqFt ($0/SqFt)
2.0 acre lot.
Listed 2024-06-14
Ⓧ USDA Ineligible
due to property

near Olancha

A partially developed 2-acre lot on a paved road near Hwy 395

With a new 150 foot private well producing 80 gpm and static water level at 30 feet. This property has an incredible opportunity to acquire an adjacent 20 to 320 acres of BLM land avalable by DLE application. The DLE program allows acquisition of title to the BLM land after a period of demonstrated agriculture use on 1/8 of the area applied for. For example, 2.5 acres initial use, for a 20 acres deed. The DLE applicant must be a California resident. Seller can assist with the DLE, currently 20 acres in process. According to a geologic survey the adjacent BLM land also has its own extensive aquifer for further irrigation expansion, however there is plenty of water available from the existing well to supply the initial irrigation needs.

This location has spectacular views of the nearby Sierra Nevada Mountain range, with the towering 12, 000+ foot Olancha peak directly to the west. Numerous Joshua trees and one particularly large specimen makes this unique. The surroundings consist of large ranch acreage and public lands, so it is a private and serene location. The property comes with a 40-foot Conex box converted into a studio living space, a 1 KW solar electric system, wood stove, wall a/c, wireless internet, irrigation p iping and pumps, water storage totes, a Caterpillar 22 track tractor and a minivan. This is a fantastic opportunity to build a farming operation and a new home. We are selling due to age and disability. Seller financing available.


Presented by Simon Mills at
Mills Realty.
Listing Agent Photo

Property MLS #SR24121148 from CRMLS

Additional Parcels: Yes
Lot Description: Agricultural, Agricultural - Row/Crop, Agricultural - Tree/Orchard, Agricultural - Vine/Vineyard, Corners Marked, Desert Back, Gentle Sloping, Horse Property Unimproved, Lot Over 40000 Sqft, Rectangular Lot, Near Public Transit, Pasture, Sprinklers Drip System, Up Slope from Street
Lot Size Acres: 2.0
Lot Size Square Feet: 87120

Road Frontage Type: Country Road
Road Surface Type: Paved

View: Desert, Hills, Meadow, Mountain(s), Neighborhood, Pasture, Trees/Woods

Calculated Total Monthly Association Fees: 0

Community Features: BLM/National Forest, Hiking, Horse Trails, Hunting, Mountainous, Preserve/Public Land, Rural

Source Listing Status: Active
County: Inyo
Current Use: Agricultural
Directions: HWY 395 turn onto Cactus Flats Rd., 1 mile, property on right
Source Property Type: Land
Possible Use: Agricultural, Buyer to verify, Horses, Residential
Area: OLAN - Olancha
Source Neighborhood: OLAN - Olancha
Parcel Number: 03311015
Zoning: UKN
Source System Name: C2C

Listed 2024-06-14
$119,000
CRMLS

Electric: Photovoltaics Stand-Alone
Electricity Available
Water Available
Water Source: Private

Lone Pine High School is a public high school located approximately 25 miles away.
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Lo-Inyo Elementary School is a public elementary and middle school located approximately 25.4 miles away.
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.