This 312+ acre property, featuring a productive oil lease and 50% mineral rights, generates substantial monthly royalties, currently averaging around $2,000. Managed by E&B Resources, a fully bonded and insured operator, this land offers paved access and hosts approximately 17 active oil wells. These wells have been consistently profitable, especially with the recent rise in oil prices, indicating an upward trend in royalty income. Excluded from the Cuyama water basin management area, the property boasts favorable water profiles for wells, producing over 200 gallons per minute as per geological assessments. With no liability concerns for future cleanup due to E&B Resources' comprehensive insurance and bonding with the county, this property is a key asset in their oil production strategy. Located in the heart of the Arco field with an established tank farm, it also offers opportunities for outdoor activities like dove and quail hunting, and 4-wheel driving. Additionally, its agricultural zoning permits the construction of a residence, adding further value to this lucrative investment opportunity.
Property Details
Property Features
Listing Office:
Office Name: Berkshire Hathaway HomeServices California Properties
Office Phone: (805) 319-7070
Listing Agent: Jody Neal
Exterior Features
Exterior Information:
View: Panoramic
Lot Features
Lot Information:
Lot Size: 312.70 Acres
Other
Directions Information:
Directions: HWY 166 E, exit Aliso Canyon Road (paved) to tank farm.
Price Information
Listing Price Info
Price Summary:
List Price: $775,000
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MLS Details
MLS Information:
MLS Name: Santa Barbara Multiple Listing Service
MLS Number: #24-239
Listing Office:
Office Name: Berkshire Hathaway HomeServices California Properties
Office Phone: (805) 319-7070
Listing Agent: Jody Neal
The data relating to real estate for sale on this web site comes from the Internet Data Exchange Program of the Santa Barbara Multiple Listing Service. Real estate listings held by other are marked with the “MLS” logo and detailed information about them includes the name of the listing brokers. Based on information from the Santa Barbara MLS. 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. Displays of minimal information (e.g., “thumbnails”, text messages, “tweets”, etc., of two hundred [200] characters or less) are exempt from this requirement but only when linked directly to a display that includes all required disclosures. Audio delivery of listing content is exempt from this disclosure requirement only when all required disclosures are subsequently delivered electronically to the registered consumer performing the property search or linked to through the device’s application. Copyright 2024 Santa Barbara Multiple Listing Service. All rights reserved. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 11/23/2024, 6:20:53 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
We're sorry, we currently don't have sales or tax history data for this listing.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
5
/10
Parkview Elementary School
520 A St
Distance between this listing and this school19.43 miles
Public District Grades KG-3
4
/10
Conley Elementary School
623 Rose Ave
Distance between this listing and this school19.76 miles
Public District Grades KG-3
3
/10
Maricopa Elementary School
955 Stanislaus St
Distance between this listing and this school20.15 miles
Public District Grades KG-5
Nearby Schools
6
/10
Cuyama Elementary School
2300 Highway 166
Distance between this listing and this school7.77 miles
Public District Grades KG-8
2
/10
Maricopa Middle School
955 Stanislaus St
Distance between this listing and this school20.15 miles
Public District Grades 6-8
3
/10
Lincoln Junior High School
810 6th St
Distance between this listing and this school20.57 miles
Public District Grades 6-8
Nearby Schools
6
/10
Cuyama Valley High School
4500 Highway 166
Distance between this listing and this school3.99 miles
Public District Grades 9-12
5
/10
Heartland Charter
955 Stanislaus St
Distance between this listing and this school20.15 miles
Public Charter Grades KG-12
5
/10
Blue Ridge Academy
955 Stanislaus St
Distance between this listing and this school20.15 miles
The neighbors living near this home have an average income of $52,206. Typical income of Santa Barbara County, CA residents is between $35k-100k annually. The most common type of family is single, no kids. The majority of residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 1818 Aliso Canyon Rd
What is the listing price of this property?
The listing price of 1818 Aliso Canyon Rd property is $775,000.
What type of property is this?
The property 1818 Aliso Canyon Rd is land located in New Cuyama, California, 93254.
Is this property for sale now?
Active Listing: 1818 Aliso Canyon Rd is For Sale (Active/New) which means the seller is accepting offers.
How much acreage is this property?
The property 1818 Aliso Canyon Rd is 312.70 acres.
Interested in 1818 Aliso Canyon Rd? Let's connect.
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This home is located at 1818 Aliso Canyon Rd in New Cuyama, CA and zip code 93254. This home sits on a 312.70 acre lot. It has been listed on Rocket Homes since January 22, 2024 and is currently priced at $775,000.
Over 57 listings were sold over their listed price in October 2024 in Santa Barbara County, CA. In the same period over 101 listings were sold below the listed price and 36 listings were sold for the listed price. The number of listings in Santa Barbara County, CA increased by 1.4% between September 2024 and October 2024. Listings spent 37 days on the market in October 2024, and had a median list price of $1,220,730 during the same period.
From Rocket Homes Real Estate and based on county public records data.
The data relating to real estate for sale on this web site comes from the Internet Data Exchange Program of the Santa Barbara Multiple Listing Service. Real estate listings held by other are marked with the “MLS” logo and detailed information about them includes the name of the listing brokers. Based on information from the Santa Barbara MLS. 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. Displays of minimal information (e.g., “thumbnails”, text messages, “tweets”, etc., of two hundred [200] characters or less) are exempt from this requirement but only when linked directly to a display that includes all required disclosures. Audio delivery of listing content is exempt from this disclosure requirement only when all required disclosures are subsequently delivered electronically to the registered consumer performing the property search or linked to through the device’s application. Copyright 2024 Santa Barbara Multiple Listing Service. All rights reserved.
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