Kelly Lane (Property 9/11)
Property Details
92 +/- acres just 12 miles north of Chico, within the highly sought after, Cana community of which 85 acres are planted to Howard walnuts. The property is located along the south bank of Pine Creek, a seasonal creek. It is improved with (2) irrigation wells and solid set irrigation system.
Location: From Chico travel 12 miles north on Highway 99E, then left on Broyles Road for 2 miles, after crossing Cana Pine Creek Road, continue another .5 mile to the western end of Kelly Lane and arrive at the orchard.
Walnuts: 85 +/- acres of potted VX 211 trees planted in spring of 2020 and grafted to Howard later that fall. These 4-year-old walnuts should have their first harvest in 2025 or 2026. Tree spacing is 22′ x 26′, 76 trees per acre, irrigation is by solid set system with micro sprinkler at each tree.
Crop: Negotiable.
Water: (2) large irrigation wells with electric motors. At this time, Seller is only utilizing the south well.
Soils: Per Natural Resources Conservation Service, 60% of the soils are 443; Durixerolls-haploxerolls loam, 33% of the soils are 449; Haploxerolls loam. Zoning: Butte County Parcel Number 047-060-052-000. Zoning is AG-80, 80 acre minimum. Current property taxes are $23,429/year.
Mineral Rights: Oil, gas and minerals rights owned by Seller are included in the sale.
Depreciation: Improvements such as the trees and irrigation systems may offer deprecation advantages to a prospective Buyer.
Showing: Listing Agent to accompany.
Listing Price: $1,520,000 cash to Seller
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