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Nevada #5532


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Nevada #5532

Description:

19 acre farm for sale in a spectacular setting in the vibrant, Sierra foothill community of Nevada City for $2,000,000. Settled by Italians in the late 1800’s, Riverhill Farm is both highly productive and biodiverse in a unique location on the edge of the Yuba River Canyon just three miles from Nevada City. Certified organic and deeply loved in the community, Riverhill Farm was established in 2001. Oak and pine woodland parcel of 19 acres with six acres in production, Riverhill has two wells that each each yield approximately 40 gpm, a pond, a farm stand, a large barn, an office, a propagation tunnel with heated benches, a wash and pack building, mature perennial hedgerow plantings along with apple, peach and plum trees and table grapes. Sale includes the farm business, production and financial records, a 1600 sq. ft. three bedroom, two bath farm house built in 2007, a tractor and other farm equipment, and more. The farm is currently being farmed by tenants who have a lease that will expire in December, 2022.

Established markets include two farmers’ markets, the farm stand at the farm (includes u-pick berries), the local natural foods co-op, several restaurants, a regional food hub, and the local food pantry called the Interfaith Food Ministry. 85% of the farm’s sales are within five miles of the farm.

Current farming practices on property: Organic

Acres Available for Lease or Purchase: 18.91

County: Nevada

Land is fenced: Yes

Landowner's preferred business arrangement: Buy/sell

Expected lease rate for farm/ranch property: N/A.

Property Sale Price: $1,750,000.00

Farm Business Sale Price: $250,000.00

On-site Housing is Available: Yes

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