N Palm, Wasco, CA 93280

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Sold Price
$6,000,000
List Price
$7,000,000
Closing Date
Jun 26, 2026
Status
CLOSED
MLS#
FR25262604
Lot Size
21,170,160
Acres
486
Lot Location
Agricultural
Days on Market
166
Property Type
Land

Property Description

ALMOND ORCHARD LEASEHOLD OPTION FOR SALE. Full comprehensive brochure available upon request and signed NDA. The Kern Palm offering presents an exceptional opportunity to acquire a leasehold interest encompassing 486.00 Leased acres of almonds in Kern County. This fully developed operation provides strong water security, productive soils, and young, healthy trees already generating cash flow. Property Overview: • Kern Palm 1: ±429.14 acres • Kern Palm 2: ±56.17 acres • Planted in 2018 to Nonpareil, Monterey, and Aldrich varieties on a 22’x15’ spacing • Irrigated with micro-sprinkler systems installed at planting Water Resources: • Two deep wells, district water, and multiple on-site reservoirs • North Kern Water Storage District • Shafter-Wasco Irrigation District Basic Lease Terms: • Lease commenced August 17, 2017, expiring December 31, 2037 • Two additional two-year extension options available beyond 2037 Investment Highlights: • Fully developed almond ranches with proven water sources and prime soils • Immediate income potential from young, productive orchards • Long-term lease with favorable extension options This is a rare opportunity to secure a large-scale almond investment in one of California’s premier growing regions, offering both immediate returns and long-term stability.

Additional Information

Land Lease
Yes
View
Orchard
Water
Agricultural Well
Attached Structure
Detached

Listing courtesy of Listing Agent: Kyle Orth (kyleo@agriwealthinc.com) from Listing Office: Broken Horn Land Co., Inc..

Listing sold by Kyle Orth from AgriWealth, Inc.

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.