CannaMLS ID: 262062
Created | Updated
Price
$ 9,750,000
Rare opportunity to own a beautiful 117-acre property in Calaveras County, in the famous Sierra Nevada Gold Country of California. The property is divided into
Property is: For sale
The property may be available both for purchase or for lease. Contact listing author for details.
Property type: Agriculture, Industrial
Purchase price: $ 9,750,000
Lot size (acres): 117
Rare opportunity to own a beautiful 117-acre property in Calaveras County, in the famous Sierra Nevada Gold Country of California. The property is divided into three distinct, but contiguous parcels. Highlights include:
2 existing licensed cannabis farms
over 7,000 annual pounds of production of flower and 3,500 pounds of trim
almost $1 million invested in turn-key infrastructure, including 400- and 500-amp electricity, more than ample water, a complete road system, a 1,600 square foot residence and other ancillary support buildings, a state-of-the-art camera system throughout, and square fencing surrounding the farms
$600,000 in annual lease payments
unique micro-climate for high production of highest quality strains
possibility of obtaining a 3rd license
A 3,400 square foot, uniquely designed residence
four bedrooms and bathrooms
world-class mountain views
private retreat in serene environment
Possibility of developing ±60 homesites
turn-key infrastructure costs estimated at $4.5 million
estimated average selling price of $250,000 per homesite and between $475,000 and $750,000 for home/land package
ever-increasing residential demand in the Gold Country
Potential of developing glamping sites and other overnight lodging for eco-tourism and cannabis tasting
Private access to over 1/3 mile on both sides of the South Fork of the Mokelumne River
The property has operated licensed cannabis farming since 2016. The two farms include:
a one-acre farm, which has an Outdoor Cultivation License
a ½ acre farm, which has a Mixed-Light Cultivation License
Both farms have licenses from the State of California Department of Cannabis Control and the Calaveras County Division of Cannabis Control.
In accord with State and County laws, the licenses are annual. They are automatically renewable, assuming compliance with conditions of the licenses. They are included in the price of the subject property. The business is transferable to the new owner of the property upon appropriate background checks.
A complete 29-page Information Memorandum is available upon request.
Property is: For sale
The property may be available both for purchase or for lease. Contact listing author for details.
Property type: Agriculture, Industrial
Purchase price: $ 9,750,000
Lot size (acres): 117