New Cuyama, CA 93254,1818 Aliso Canyon Road
New Cuyama, CA 93254,1818 Aliso Canyon Road
New Cuyama, CA 93254,1818 Aliso Canyon Road
New Cuyama, CA 93254,1818 Aliso Canyon Road
New Cuyama, CA 93254,1818 Aliso Canyon Road
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$ 775,000
Est. payment | /mo

312.7 Acres Lot


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$ 775,000
Est. payment | /mo
Save

312.7 Acres Lot

Key Details

Property Type Commercial

Sub Type Comm Ind For Sale

Listing Status Active

Purchase Type For Sale

MLS Listing ID CL25477183

HOA Y/N No

Lot Size 312.700 Acres

Acres 312.7

Property Sub-Type Comm Ind For Sale

Property Description

312+ Acre Oil Producing Property with Lease and 50% of mineral rights. Leased and operated by E&B (fully bonded and insured). Paved access, 17+- oil wells producing and paying royalties with oil prices high and rising. Trailing 12mo royalties average 2000/mo... trending higher. *Outside of the Cuyama water basin management area *good water profiles for well (over 200gpm according to geologist) *E&B Resources is the operator of the oil wells, they have bonds and insurance w/county so there are NO liability issues w/any future cleanup. *They are increasing production and more wells may com back online as oil prices/demand is strong. *This property is the key for their oil production. Tank farm and center of the arco field. *Good dove quail and 4wd

Location

State CA

County Santa Barbara

Zoning U

Interior

Fireplace No

Exterior

Utilities Available Other

Building

New Construction No

Others

Tax ID 147150007

Bridge MLS
Listed by Jody Neal • Berkshire Hathaway HomeServices California Properties
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1818 Aliso Canyon Road