360 Acres in Live Oak, CA - $7,920,000

Easements: The property is NOT encumbered by any wetland easements. The new owner can plant whatever crop he/she chooses. There is an easement available that would put the whole (or part) of the farm into a wetland in perpetuity. The federal government is currently paying $7,200 per acre and pays for the cost of said restoration. Not all projects get accepted, but given this properties location it would rank high relative to many other projects.

Water: There are 4 deep water wells on the subject property. The combined output on these wells is in excess of 8,000 gallons per minute.

In addition to the 4 wells there are 2 re-circulating lift pumps. These pumps have historically picked up drain water from Gray Lodge and neighboring farms throughout the growing season

Leases: There are no waterfowl leases on the subject property. There is a lease on the rice farm that will terminate at the conclusion of the 2020 rice growing season.

Taxes: The property is enrolled in the Williamson Act. The property taxes will remain low at the close of escrow.

Price: $7,920,000 or $22,000 per acre

Terms: Cash at the close of escrow

Comments: Once in a lifetime opportunity to own a 100% interest in a Butte Sink rice farm/duck club. The soils & water on this farm suggest it can grow rice, corn, millet, and just about any other crop you could think of. Its also in an area that would be an ideal candidate to be enrolled in a wetland easement. Income producing, high quality duck clubs do not come on the market very often. Please call 530-666-7000 for a private showing!