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Sold for $3,100,000
  • Listed by: The Dunbar Group • Scott Dunbar • Contact: 805-358-6644
    Bought with: The Dunbar Group
    $3,100,000

    721 W La Loma Ave, Somis, CA 93066

    --beds
    --baths
    172.7Acres
    Unimproved Land
    Built in ----
    172.7 Acres Lot
    $2,827,900 Zestimate®
    $--/sqft
    $3,880 Estimated rent

    Home value

    $2,827,900

    $1.98M - $3.85M

    $3,880/mo

    Zestimate® history
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    What's special

    Trustees Want This Sold!! Diverse ranch property in a prime Somis location. This legacy ranch is in need of some tender loving care, but the end result will be a wonderful property to enjoy for generations. 172.7 acres of varied terrain, plantings, and improvements. Planted acreage is estimated at 39 acres in the east canyon planted to older lemons ready for replacement. The slope above the east canyon is planted to 2 acres of young avocados with 5-6 acres available to plant more. The central portion of the ranch includes 12.5 acres planted to mostly older Hass avocados. The west canyon includes 9.5 acres of Hass avocados planted in the 1990's with an additional 18.5 acres that may be available to plant along the frontage. Historical plantings and water use has been in the 90 acre range. Water is supplied by Del Norte Water Company with 68 shares owned. Water is also available through a well sharing agreement with VMB. Improvements include a functional open shed shop, enclosed metal building, and staging area with several outbuildings. This location includes a 3 bedroom, 1.5 bath farm house and a 2 bedroom, 1 bath older home. The main home located is at 721 W. La Loma, is a 3 bedroom, 2.5 bath manufactured home built in 1947. The views from the hillside are amazing, the slopes are mostly south facing for great growing conditions, and the micro climate is temperate with ocean breezes in the afternoon. There was once a runway for small planes, but please investigate the legality of that now. This just might be the diamond in the rough you have been looking for.

    Zillow last checked:

    Listing updated:

    Listed by:

    Scott Dunbar DRE #01242893 vcranches@gmail.com,

    The Dunbar Group

    Bought with:

    Scott Dunbar, DRE #01242893

    The Dunbar Group

    Source: CRMLS,MLS#: V1-17586MLS LogoOriginating MLS: California Regional MLS (Ventura & Pasadena-Foothills AORs)

    Facts & features

    Property

    Features
    • Fencing: None
    • Has view: Yes
    • View description: City Lights, Hills, Mountain(s), Ocean, Orchard, Panoramic, Valley
    • Has water view: Yes
    • Water view: Ocean
    Lot
    • Size: 172.7 Acres
    • Features: Agricultural, Horse Property, Orchard(s), Pasture, Ranch, Sloped Up
    Details
    • Parcel number: 1090031025
    • Zoning: AE
    • Special conditions: Trust
    • Horses can be raised: Yes

    Utilities & green energy

    • Water: See Remarks

    Community & HOA

    Community
    • Features: Rural
    • Subdivision: Not Applicable
    Location
    • Region: Somis

    Financial & listing details

    • Tax assessed value: $2,368,669
    • Annual tax amount: $29,034
    • Date on market: 4/14/2023
    • Cumulative days on market: 412 days
    • Listing terms: Cash,Conventional,Submit

    Price history

    DateEventPrice
    7/26/2024Sold$3,100,000-12.7%
    Source: CRMLS #V1-17586 Report a problem
    5/28/2024Contingent$3,550,000
    Source: CRMLS #V1-17586 Report a problem
    5/20/2024Price change$3,550,000-3.9%
    Source: CRMLS #V1-17586 Report a problem
    3/14/2024Price change$3,695,000-6.5%
    Source: CRMLS #V1-17586 Report a problem
    2/16/2024Price change$3,950,000-5.8%
    Source: CRMLS #V1-17586 Report a problem
    1/5/2024Price change$4,195,000-4.1%
    Source: CRMLS #V1-17586 Report a problem
    8/29/2023Price change$4,375,000-7.9%
    Source: CRMLS #V1-17586 Report a problem
    7/26/2023Price change$4,750,000-4%
    Source: Pasadena Foothills MLS #V1-17586 Report a problem
    6/7/2023Price change$4,950,000-5.7%
    Source: Pasadena Foothills MLS #V1-17586 Report a problem
    4/14/2023Listed for sale$5,250,000
    Source: Pasadena Foothills MLS #V1-17586 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$29,034 +40%$2,368,669 +39.7%
    2024$20,741 $1,695,180 +2.1%
    2023$20,741 +3%$1,660,249 +2%
    2022$20,142 +1.9%$1,627,695 +2%
    2021$19,773 +2.4%$1,595,781 +1%
    2020$19,310 -0.7%$1,579,402 +2%
    2019$19,442 +4.3%$1,548,455 +1.6%
    2018$18,633 +0.9%$1,524,477 -0.4%
    2017$18,474 +2.3%$1,531,359 +2%
    2016$18,058 +3.8%$1,501,349 +1.5%
    2015$17,399 $1,478,794
    Find assessor info on the county website

    Neighborhood: 93066

    Nearby schools

    GreatSchools rating