Offering Summary
Total Page:16
File Type:pdf, Size:1020Kb
LIME MOUNTAIN RANCH (A California Coastal Range between Paso Robles & Cambria) 5,000+/- Acres offered in 13 Parcels Linda Yenni PROUDLY PRESENTED BY Scott Yenni 707.363.9463 707.529.5330 [email protected] [email protected] Page 1 LIME MOUNTAIN RANCH (A California Coastal Range between Paso Robles & Cambria) Entrance at the west end of Chimney Rock Road traveling west into the Subject Property Linda Yenni PROUDLY PRESENTED BY Scott Yenni 707.363.9463 707.529.5330 [email protected] [email protected] Page 2 LIME MOUNTAIN RANCH (A California Coastal Range between Paso Robles & Cambria) Address: 15800 Chimney Rock Road, Paso Robles CA 93446 Assessor Parcel Numbers (APN): 13 Parcels: 080-101-016, 080-051-006, 080-141-001, 080-141-007, 080-161-001, 014-011-007, 014-011-010, 014-011-012, 014-011-013, 014-031-009, 014-031-010, 014-031-011, 014-031-015 Acres: 5,000+/- acres Zoning: AG, OS, AND 05 Current Use(s): Mining/ Quarry (2 parcels), Residences, bunk houses, barns, cattle grazing Water: Two wells were recently drilled on the property each producing an estimated 80 gallons per minute. Several springs located on the subject parcels supply water for the quarry and the existing improvements. Rainfall is above average for the area and the subject benefits from climatic conditions on the east side of the Santa Lucia Mountain Range. Records kept on the subject property average over 56 inches per year with 20+ years of rainfall records. Three times in those 20 years records show over 100 inches/year suggesting the property might be ideal for lakes/reservoirs. Septic: The soils are well drained and of the type that commonly provide excellent percolation for septic systems. Appellation: The subject is in the Central Coast geographic AVA (American Viticultural Area), west of the Paso Robles AVA and north of York Mountain AVA. Due to the unique attributes of the terroir and the ridge top location between Paso Robles and Cambria and located at the west end of Chimney Rock Road a Lime Mountain AVA appears worthy of consideration. Soils: Several new plantings appear throughout west Paso Robles. The subject has an estimated 100+/- acres of savanna grasslands with mineral content expressed in the limestone and rock outcroppings and represented in wines from vineyards on Chimney Rock Road within proximity of the subject such as Carmody-McKnight and Justin Wineries. Linda Yenni PROUDLY PRESENTED BY Scott Yenni 707.363.9463 707.529.5330 [email protected] [email protected] Page 3 LIME MOUNTAIN RANCH (A California Coastal Range between Paso Robles & Cambria) View toward Paso Robles Linda Yenni PROUDLY PRESENTED BY Scott Yenni 707.363.9463 707.529.5330 [email protected] [email protected] Page 4 LIME MOUNTAIN RANCH (A California Coastal Range between Paso Robles & Cambria) Linda Yenni PROUDLY PRESENTED BY Scott Yenni 707.363.9463 707.529.5330 [email protected] [email protected] Page 5 LIME MOUNTAIN RANCH (A California Coastal Range between Paso Robles & Cambria) The Soils Linda Yenni PROUDLY PRESENTED BY Scott Yenni 707.363.9463 707.529.5330 [email protected] [email protected] Page 6 LIME MOUNTAIN RANCH (A California Coastal Range between Paso Robles & Cambria) Linda Yenni PROUDLY PRESENTED BY Scott Yenni 707.363.9463 707.529.5330 [email protected] [email protected] Page 7 LIME MOUNTAIN RANCH (A California Coastal Range between Paso Robles & Cambria) The Oak Savanna & Grasslands Linda Yenni PROUDLY PRESENTED BY Scott Yenni 707.363.9463 707.529.5330 [email protected] [email protected] Page 8 LIME MOUNTAIN RANCH (A California Coastal Range between Paso Robles & Cambria) Linda Yenni PROUDLY PRESENTED BY Scott Yenni 707.363.9463 707.529.5330 [email protected] [email protected] Page 9 LIME MOUNTAIN RANCH (A California Coastal Range between Paso Robles & Cambria) The Chaparral Linda Yenni PROUDLY PRESENTED BY Scott Yenni 707.363.9463 707.529.5330 [email protected] [email protected] Page 10 LIME MOUNTAIN RANCH (A California Coastal Range between Paso Robles & Cambria) Eagle Rock Linda Yenni PROUDLY PRESENTED BY Scott Yenni 707.363.9463 707.529.5330 [email protected] [email protected] Page 11 LIME MOUNTAIN RANCH (A California Coastal Range between Paso Robles & Cambria) Linda Yenni PROUDLY PRESENTED BY Scott Yenni 707.363.9463 707.529.5330 [email protected] [email protected] Page 12 LIME MOUNTAIN RANCH (A California Coastal Range between Paso Robles & Cambria) The Buildings include a 7,000 sq. ft. main residence with a swimming pool Plus 3 additional homes, bunkhouses, barns, corrals and a Scale house. Linda Yenni PROUDLY PRESENTED BY Scott Yenni 707.363.9463 707.529.5330 [email protected] [email protected] Page 13 LIME MOUNTAIN RANCH (A California Coastal Range between Paso Robles & Cambria) The Quarry Operation provides significant Net Income Permitted to 2078 for 200,000 tons per year Linda Yenni PROUDLY PRESENTED BY Scott Yenni 707.363.9463 707.529.5330 [email protected] [email protected] Page 14 LIME MOUNTAIN RANCH (A California Coastal Range between Paso Robles & Cambria) Linda Yenni PROUDLY PRESENTED BY Scott Yenni 707.363.9463 707.529.5330 [email protected] [email protected] Page 15 LIME MOUNTAIN RANCH (A California Coastal Range between Paso Robles & Cambria) It is Rare for a California property of this scale with cashflow to become obtainable. This coastal range jewel is being offered for the first time in 40 years in its entirety. 13 parcels comprising 5,000+/- acres of coastal mountain range between Paso Robles and Cambria. The rainfall and perk suggest the feasibility to further develop the property for estate homes, vineyards and recreational uses. Located on the eastern ridge of the Santa Lucia Mountain Range the subject property benefits from the warming influence to the east and neighboring vineyards that produce award-winning wines on Chimney Rock Road and is additionally benefited by the proximity of the coastal influence and above average rainfall. The diverse topography provides for development feasibilities with the benefit of prime epicurean and agritourism appeal or private vineyard/winery estates. Privacy, serenity and the natural beauty of this property provide an experience unique to Lime Mountain Ranch. The oakland savannas, chaparral, extensive road infrastructure, creeks, ponds, rock outcroppings, creeks, trees, and vistas add to the natural beauty on land enhanced by the coastal influence beauty in the sky. Within 8+/- miles of the Pacific Ocean on the eastern slope of the Santa Lucia Mountains the property is accessed from Chimney Rock Road via Paso Robles. 13 existing parcels encompass the property so future development appears feasible. Well-developed ranch roads run throughout the property making it easy to view some of the best building sites. Approximately 100+/- acres are now farmed for livestock forage and show promise for vineyard planting without clearing. Neighboring wineries such as Carmody-McKnight and Justin Vineyards boast their success on the areas calcium rich soils that are often compared to the lime based soils of Bordeaux. It appears likely that some of the Chaparral ground can be chained to create more plantable ground, a method commonly used in the region. THE BUSINESS The Lime Mountain Quarry occupies roughly 100+/- acres over two parcels on the top of one of the mountains on the property. Started in the 1930’s the operation mines limestone then crushes and screens it into various sizes and sells it into various markets. Gross annual sales are significant and a result of the long-term customer base purchasing 150-170,000 tons annually. Net profits from the operation provide significant cashflow for the property owners and the eight long term and experienced employees who run the operation. Structures at the quarry include a truck scale with scale house and office, various shop and equipment structures, crushing equipment, conveyors, processing equipment, screening equipment, holding/loading hoppers, basically all of the equipment necessary to operate the mining plant. Ore reserves of 20 years at the current rate of mining are estimated. Permitted to extract up to 200,000 tons annually this permit runs with the land and stays in place until the year 2078. HOMES Residences on the property include; the main residence of approximately 7,000 square feet ranch style home, a 2-bedroom bunkhouse, swimming pool, 2 additional homes and a barn built in the 1920’s. Various outbuildings serve the cattle and farm operations. ROADS Linda Yenni PROUDLY PRESENTED BY Scott Yenni 707.363.9463 707.529.5330 [email protected] [email protected] Page 16 LIME MOUNTAIN RANCH (A California Coastal Range between Paso Robles & Cambria) Throughout much of the property runs a well-developed road system. During the 1930’s a public works project employed many workers on a restoration project improving the roads in the Santa Lucia range area. While driving the ranch roads we can see many markers signifying the culverts and retaining walls built during the improvement of the road running through the property. The limestone base on the road holds up quite well. This makes accessing the far side of the ranch an easy task in a 4-wheel-drive vehicle almost year-round. This is a significant asset because this well developed infrastructure provides extensive access to the various parcels. The connectivity approaching from Cambria on the west via San Simeon Creek Road terminates approximately 8 miles from the start of San Simeon Creek Road on Highway 1 and 1 to 2 miles before the developed road on Lime Mountain.