CA > New Cuyama
New Cuyama, CA 93254,1818 Aliso Canyon RD
New Cuyama, CA 93254,1818 Aliso Canyon RD
New Cuyama, CA 93254,1818 Aliso Canyon RD
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The Warburton Team Brokered By EXp

The Warburton Team Brokered By EXp

+1(626) 630-2141
$775,000
Est. payment /mo
312.7 Acres Lot
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UPDATED:

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID 25477183

HOA Y/N No

Lot Size 312.700 Acres

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

Area Cyma - Cuyama

Zoning U

Interior

Fireplace No

Building

Lot Description Pasture, Ranch

Water Private

Others

Tax ID 147150007

Financing Cash

Special Listing Condition Standard

Read Less Info
CRMLS – RECore
Listed by Jody Neal Berkshire Hathaway HomeServices California Properties

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