Seven Oaks Orchards (Property 6/11)
Property Details
93 +/- acres of Class 1 soil with good water between Red Bluff and Chico in the heart of the tightknit Dairyville community. 86 +/- acres are planted to producing Chandler & Howard walnuts and French prunes. The farmstead includes a residence and multiple outbuildings.
Location: Just 8 miles (S) of Red Bluff and 30 miles (N) of Chico. From Red Bluff, (S) on Highway 99E and turn right onto 63RD Avenue. The property has highway frontage and is located at NW corner of Highway 99E and 63RD Avenue. The address is 24040 63RD Red Bluff, CA 96080.
Walnuts: 50 acres are planted to walnuts. Block A, next to the highway, has 25 acres of Howards planted in 2013, paradox rootstock. These 11-year-old walnuts are in good condition with few replants. 2023 production was 4,960 inshell pounds per acre. Block B, just west of the farmstead has 25 acres of Chandlers planted in 2007, paradox rootstock. These 17-year-old Chandlers are in good condition. 2023 production was 5,083 inshell pounds per acre. Tree spacing for both blocks is 14ʼ x 28ʼ, 111 trees per acre. Both blocks are irrigated by tubing and R10 sprinklers.
Prunes: 36 acres are planted to prunes. Block C, north of 63RD Avenue, has 17 acres of French Prunes. Block D, south of 63RD Avenue and north of 61ST Avenue has 19 acres of French prunes. Both blocks were planted in 1998. These 26-year-old prunes are in fair condition given their age. 2023 production was 1.78 dry tons per acre. Tree spacing for both blocks is 12ʼ x 24ʼ, 151 trees per acre. Both blocks are irrigated by hand move sprinklers.
Crop: 2024 Crop is Excluded from Sale
Water: There are (2) wells on the property. The irrigation well within Block B is equipped with a 50 Hp electric turbine. The domestic well for the farmstead is equipped with 3Hp submersible pump. Static water level is estimated at just 18ʼ. The property also benefits from having 43.47 Los Molinos Mutual Water Company shares.
Soils: Per Natural Resources Conservation Service, the soils are rated Class 1 evenly split between Vina clay loam (Vy) and Columbia loam (Co).
Improvements: Home built in 1933, 2,170 sq. ft., 3/2, two story with attached 856 sq. ft. open garage, 2,600 sq. ft. shop, 1,152 sq. ft. Quonset building, (2) equipment sheds exceeding 8,000 sq. ft.
Zoning: Tehama County Parcel Numbers; 045-310-006 & 047-010-002. The current zoning is AG-2 Ag Preserve, 40-acre minimum. Property taxes are $9,771/year.
Mineral Rights: Oil, gas and minerals rights owned to be included in the sale.
Depreciation: Improvements such as the trees, irrigation systems and buildings may offer deprecation advantages to a prospective Buyer.
Showing: Please do not disturb the Tenants. To show the home, 48-hour advance notice is required. Listing Agent to accompany.
Listing Price: $1,725,000 cash to Seller.
Receivership: This property is 1 of 11 properties for sale by court ordered receivership. It may be purchased individually or in combination with other properties offered for sale.
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