Solomon Hills Ranch

852.54+/- gross assessed acres located in Santa Barbara County. 790.70+/- net farmable acres (includes 131.04 net acres of certified organic farmland. 61.83+/- acres of supporting and ancillary land (includes reservoirs, equipment yards, residence, etc.) Surrounding land uses include high-value irrigated vegetable and berry crops, greenhouses, wineries, citrus and avocado groves, and wine grape vineyards. High-density residential neighborhoods and ranchettes are also on multiple sides of the Property. Property includes multiple tenant leases that primarily range from $1,900 to $3,000 per acre. Tenants are actively farming a multitude of fresh vegetable and berry crops, that include but are not limited to: strawberries, blackberries, raspberries, blueberries, squash, chilies, and chicaro. The Property contains +/- 69% NRCS Class I irrigated land capability soil types. Irrigation water is currently provided via six operating agricultural deep wells located on-site producing a combined 7,130+/- gallons per minute (per 2026 pump tests). Irrigation water is distributed throughout the Property's farming blocks via booster pumps and filter stations, through main and submarine pipelines. The Property also features two lined reservoirs (each 14.9 acre-feet in capacity. The Property is located within the Santa Maria River Valley Groundwater Basin (DWR Basin No.3-12), a water source underlying parts of Northern Santa Barbara and Southern San Luis Obispo Counties, California. Its management is governed primarily by a court-ordered judgment, which grants it a degree of exemption from the state's main groundwater law. The majority of the Santa Maria Groundwater Basin is considered an adjudicated basin, (as a result of 2008 court stipulation) which determined the water rights and established a management plan to govern groundwater extraction. Major structural improvements include a 2,600 square-foot residence, 3 bay 960 square-foot garage, and a 1,800 square foot shop building. Property is also located within the Orcutt Community Plan Area.