Listing Price:       $630,000.  Seller intends a 1031 tax deferred exchange.

Property:             24.70 +/- total acres with 18.50 +/- acres planted to producing French Prunes. Constructed within the homestead area is a custom built spilt-level home with attached indoor gunite pool, detached 2 car garage and detached shop.

Location:            The property is near the small tight knit community of Dairyville just 8 +/- miles (S) of Red Bluff, CA at 24775 Kauffman Avenue, Red Bluff, CA 96080. Paved county roads border the property on two sides. Antelope Creek borders the property on the westside.

Residence:           A paved private driveway from Kauffman Avenue leads to the 3,671 sqft split level custom home with (3) bedrooms and (3) baths plus attached gunite indoor pool. In 2008, the exterior and interior of the home was painted and 2 of the 3 bathrooms were retiled. In 2008, the pool room was re-roofed and new windows were installed. About 5 years ago, a new composition roof was installed on the residence and garage.

Topography:       The residence is ideally constructed on a knoll offering views of Lassen Peak and the eastern mountain ranges. The land planted to orchard is native level.

Prunes:               18.50 +/- acres planted to producing French prunes. The prunes were planted in 1988. Spacing is 12’ x 18’, 201 trees/acre.

Outbuildings:     Detached 2 car garage which is finished plus a detached shop with concrete floor, metal siding and roof plus 220 electric service.

Soils:                  The orchard is planted upon Class 1 soils. The soils are Lk (Los Robles clay loam) and VnA (Vina Loam). These soils are especially well suited for prunes and walnuts.

Water:                Irrigation water is provided by a 12” cased well powered by a diesel motor. Domestic water is provided a well and electric submersible pump.

Irrigation:          The orchard is irrigated using a buried PVC irrigation system and micro-jet irrigation sprinklers attached to aboveground drip tubing

Zoning:              Tehama County Parcel Number 045-170-29-1 (15.52 acres fronting Kauffman Avenue) and Tehama County Parcel Number 045-170-02-1 (9.18 acres fronting Kansas Avenue). Both parcels are zoned EA-AP (Exclusive Agricultural, Ag Preserve (Williamson Act) 40 acre minimum. Current property taxes equal $5,315 per year.

Mineral Rights:  Seller to transfer all oil, gas and minerals rights owned by Seller.

Depreciation:     Improvements such as the residence, garage, shop, trees, wells and irrigation system may offer deprecation advantages to the prospective Buyer.

Crop:                The 2009 crop is included in the sale with Buyer reimbursing Seller for cultural expenses to close of escrow.

Lease:               Seller is willing to lease the prune orchard back from Buyer. If Buyer wants additional acreage, Seller is willing to transfer lease on adjacent 12.90 +/- acre orchard to Buyer increasing total acres of producing prunes to 31.40 +/- acres.

Wildlife:           Antelope Creek provides a natural wildlife corridor for deer, fox, raccoons, coyotes and birdlife typical to the area.