5502 Los Ranchos Road, San Luis Obispo, CA 93401

5502 Los Ranchos Road is a $10,500,000 property on a 281.10 acre lot located in San Luis Obispo, CA.

Seller’s Description

The prestigious 285 acre Jack Ranch is Edna Valley's crown jewel. Beyond a premier location, the San Luis Obispo property includes a sizable vineyard, citrus, rangeland, and a site nestled within the vineyards that allows up to two (2) homes and ADU. In addition to the homesites, there is a building envelope identified for a future winery site—all within San Luis Obispo Country Club gates. Active across ranching, land development, banking, and more—the pioneering Jack family has played an essential role in the history of California's Central Coast. Now it's your turn to shape what's next. Agricultural acreage totals 285 with 156 acres under cultivation within a perimeter deer fence. The thriving income-generating vineyard is part of the Edna Valley AVA with varieties including: Chardonnay (54.6 acres), Pinot Noir (8.5 acres), Albarino (4.7 acres), Gruner Veltliner (2+ acres) and Tempranillo (4+ acres). Grapes sell for up to $3,200/ton with a 10 year production average of 4 tons/acre. High-end grape buyers—both boutique and global operations—are in place. Beyond 89 acres of vineyard, the property features 67 acres of lemons in their 3rd year. Your investment also includes a designated 1.4 acre envelope contemplated for a winery or other ag processing use (needs minor use permit). You’ll find open rangeland for cattle and/or hiking as well along with a 3,200 sq. ft. shop/barn on a concrete slab with 3 bays and a private office space. There are 4 total wells, each with electric powered pumps and a large 500,000 gallon metal holding tank. Water and natural gas are available along with hookups for the County sewer plant (located near the Country Club). Plus, the ranch qualifies for reduced property taxes thanks to the Williamson Act. Two primary access points to the property include the San Luis Obispo Country Club gate (with attendant) and Hacienda Ave/Caballeros Ave. Located only moments from golf, celebrated wineries, beautiful beaches, Michelin-star restaurants, and the local airport—the ranch feels away from it all, yet close to everywhere you want to be. Assumable loan and seller financing available.