Tonini Ranch – San Luis Obispo, California

$5,500,000 SOLD

LOCATION:

Surrounded by majestic mountains just minutes from the Pacific Ocean, San Luis Obispo is located halfway between San Francisco and Los Angeles on California’s Central Coast.  The ranch is located 7 miles west of Highway 101 on Los Osos Valley Road, then 8/10 of a mile north on Turri Road in San Luis Obispo.

ACREAGE &ZONING:

637± acres includes 140± fertile irrigated acres producing sugar peas, garbanzo beans and hay with the balance of the acreage growing native range grasses and a natural forest of eucalyptus and other trees.

Zoned Agriculture.

The property is in the Ag Preserve.

APN: 067-031-001

HISTORY:

California’s central coast was inhabited by the Chumash Indians until 1769 when Don Gaspar de Portola traveled through the area to establish new territory for the king of Spain and begin to establish missions.  Because of the abundance of bears in theSan Luis Obispoarea, his troops named the area as llano do los Osos, or the level of the bears, since then translated to LaCanadade los Osos – Canyon of the Bears.

After California’s annexation to Mexico in 1822, Mexican government officials and retired Army officers, with their eyes on the huge tracts of Mission lands, pushed for secularization of the missions.  During the Rancho period, nearly ½ million acres of land were distributed to Mexican citizens.  This ranch, part of RanchoCanadade los Osos granted in the 1840’s, has been in the hands of the Tonini family since 1889.

WATER:

There are 3 wells producing 280± gallons per minute, a 5000 gallon storage tank for house with pressure tank, and a pond on the northern end of the ranch.

UTILITIES:

Individual wells and septic with public electricity and telephone.

SOILS:

Soils include Concepcion loam, Cropley clay, Diablo and Cibo clay, Pismo-Tierra complex, Rock outcrop-Lithic Haploxerolls complex and Tierra sandy loam. The Soil Survey is available upon request.

TAXES:

The property taxes for the year 2005/2006 are $3455.40

COMMENTS:

The Central Coast is the start of the Big Sur coastline of California.  In addition to its natural beauty,San Luis Obispohas the charm of a small town with great dining, shops, nightlife, arts center and wine country tours.  San Luis Obispois an inviting city that promotes a healthy lifestyle with clean air, low crime rates, excellent schools, and no major traffic problems.  San Luis Obispo’s air quality is at or below theCaliforniastandard for acceptable ozone levels every day of the year.

Because of the City’s proximity to mountains and beaches, residents ofSan   Luis Obispocan find many ways to enjoy the outdoors: walking, running, tennis, golf, surfing, horseback riding, hiking, and cycling.  This beautiful ranch offers the opportunity to own a great agricultural operation and a rural lifestyle yet is close to schools, restaurants and shopping.

The enclosed information has been obtained from sources that we deem reliable; however, it is not guaranteed by Clark Company and is presented subject to corrections, errors, prior sale, changes or withdrawal from the market without notice.

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Clark Company
Pete Clark, Broker
(805) 238-7110
info@clarkcompany.com
CA BRE# 00656930
NV RED#B.41551