$2,600,000

382.25+/- deeded acres, San Miguelito Canyon, Lompoc, California, County of Santa Barbara

The Holmdahl Ranch is located on the west side of San Miguelito Road, approximately two miles south of downtown Lompoc. The property is bounded to the north, south and west by private ranches and possesses approximately 2/3 of a mile of frontage on San Miguelito Road. There currently exists a recorded easement for ingress and egress for access to the property.

Located in a beautiful private setting within San Miguelito Canyon, this pastoral ranch offers magnificent big sky views of a large portion of Santa Barbara County, from Figueroa Mountain to the Pacific Ocean. The property is irregular in shape and consists of four legal parcels, each with a certificate of compliance. The elevation runs from approximately 1,500 to about 360 feet. Wildlife is abundant, with quail and dove, coyotes, bobcats, mountain lions and deer. Once utilized as a diatomaceous earth operation, this property has been fully reclaimed and is now utilized primarily for cattle ranching, but could potentially support grapes, horses, agriculture or recreation. Miles of well maintained roads provide ample access for biking, hiking, horseback, or other recreational pursuits.

The topography is varied on most of the property and consists primarily of gently rolling to steep terrain with some level farmland found along the San Miguelito Road boundary. This farmland has been historically dry farmed, but could be an ideal location for a picturesque estate home site in conjunction with a small vineyard or equestrian facility.

There are no structural improvements of any value on the Subject Property.

Water is provided by an older domestic well and from the City of Lompoc at a rate of approximately 1,000 gallons of water per day. The city water meter is located along San Miguelito Road.

The Subject Property is zoned AG II-100 and is under an Agricultural Preserve land contract.

Utilities at San Miguelito Road include natural gas, electricity and telephone.

A.P.N. 083-030-010

Total 06-07 Property Taxes = $954.30