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8031 E Highway 12 $1,990,000

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    8031 E Highway 12 Lodi, CA 95240

    • 42.23 Acres
    • Land
    • MLS# 221140940
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    Views: 34

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    Property Details

    Lifetime opportunity! 42+/- acres of income-producing vineyard with Mokelumne River frontage. There are four parcels allowing for family members to live next to each other while maintaining separate ownership. All could enjoy the benefits of the River, the income from the grapes and the closeness to Lodi. Yes, it is only 2 miles from Highway 99 and City conveniences. Property features 23+/- acres of Primitivo and 15+/- acres of Zinfandel grapes. Vineyard has one year left on the contract. PG&E Power services the ag pump, greatly reducing the cost of bringing power in for the homesites. If you need another head start for construction, a domestic well is already in and delivering water as well. If you're looking for your sandy beach, you have found it. Located in the Mokelumne River sub-AVA, which is known for its fine sandy loam soil and Mediterranean climate. Talk to your accountant about the advantages of ag depreciation and farming.

    • General Features
      • Association No
      • Association Fee $0
      • County San Joaquin
      • Development Status Farm Land
      • Property Subtype Agriculture
    • Building Features
      • Number of Lots 4
      • Minimum Bldg SqFt 0
      • Water Source Other
      • Utilities Other
      • Sewer Other
      • Total Parking Spaces 0.00
    • Property Features
      • Horse Property No
      • Irrigation Domestic Well
      • Lot Features Lake/River Access, Stream Year Round
      • Lot Size Acres 42.23
      • Lot Size Square Feet 1839539.00
      • Lot Size Source Owner
      • Road Frontage Type County Road,Highway
      • Vegetation Crop(s),Trees Many,Vineyard
    • Schools
      • Elementary School District Lodi Unified
      • Middle or Junior School District Lodi Unified
      • School District County San Joaquin
      • Senior High School District Lodi Unified

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    Neighborhood

    95240 (Lodi) Demographics

    34 Median Age
    587 Population Density (per sq. mile)
    26% College Educated
    $50,992 Estimated Median Income
    8,074 Estimated Total Home Owners
    8,404 Estimated Total Renters
    49% / 51% Estimated Owner / Renter Divide
    3 Estimated Average Household Size
    48,799 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $528,750 Median Sales Price
    34 Homes Sold
    39 New On Market

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source: Multiple Listing Service New Value: $1,990,000
        4/22/2022 1:01:58 PM Status Changed Source: Multiple Listing Service New Value: Pending
        3/15/2022 4:01:42 PM Price Reduced Source: Multiple Listing Service New Value: $1,990,000 -5.24%
        11/4/2021 7:03:00 PM New in Database Source: Multiple Listing Service New Value: $2,100,000

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        ** Assumes 3.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.
        Information is provided in part by the IDX program of METROLIST SERVICES, INC. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listing information last updated 5/25/2022 10:34:45 PM. All measurements and all calculations of area are approximate. Information provided by Seller/Other sources, not verified by Broker. All interested persons should independently verify accuracy of information. Provided properties may or may not be listed by the office/agent presenting the information. Terms of Use

        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.