The Property consists of approximately 70+/-acres of producing agricultural land planted in a combination
of avocado and lemon orchards. Of the total acreage, approximately 9.8 acres are planted with mature
avocados, 33 acres are planted with mature lemon trees, and approximately 27 acres are planted with
lemons that were established in 2020. This planting mix provides a balance of stabilized production from
mature orchards and longer-term upside from younger plantings that are expected to continue improving
yields as they reach full maturity. Importantly, the owner reports that the orchards have not required the
use of wind machines since initial planting, which suggests favorable microclimatic conditions and may
contribute to reduced operating and capital costs. In addition to the agricultural improvements, the Property includes a recently remodeled one-story residence. The home has been upgraded to provide the conveniences and functionality of a modern home while maintaining the aesthetic character of a rustic farmhouse. The Property further benefits from multiple potential building sites that offer elevated locations with ocean and valley views. This Property will appeal to buyers seeking both cash flow from agricultural productivity and residential lifestyle opportunities. Also, there is a +/-5,000 S.F shop building with a working shower and bathroom. Water for the Property is supplied by two on-site wells, consisting of a dedicated agricultural well and a separate domestic well serving the residence and shop. According to the owner, the agricultural well is currently producing approximately 500gallons per minute at 80PSI which is a current irrigation set with an open flow GPM of 800. The ownership has recently completed a capital upgrade to the agricultural well, replacing the older Tier 1 motor with a California-compliant Tier 5 motor, improving efficiency, regulatory compliance, and long-term reliability of the water system. Domestic water for the residence is supplied by a dedicated on-site domestic well, independent of the agricultural operations.