Size:                         50+/- Acres in Santa Barbara County

Price:                        $1,250,000.00

Location:                  Located Highway 101 approximately 3/4 mile east of                                  the town of Los Alamos, within the County of Santa                                  Barbara. The property is surrounded on two sides and                                  across the highway from established vineyards.

Land Description:     The property consists of approximately 48 acres of                                  useable, level acres. The property is well drained and                                  has been used historically for farming. The freeway                                  exposure together with freeway access from the Los                                  Alamos on/off ramp, make this an ideal property for an                                  agricultural operation looking for retail visibility and                                  access. This would make a potential  vineyard/winery                                  site or possibly an organic farming site, with a great                                  retail outlet.

Plantings:                 The property has been planted to flower seed crops,                                  and row crops. It is currently unfarmed.            

Water:                      The water source for this parcel is from one on-site 10                                  hp turbine agricultural well located near the center of                                  the eastern boundary. Well production is estimated at                                  395+/- G.P.M. In addition, an underground pressured                                  mainline is in place and a reservoir.

Improvements:         There are no permanent structures on site.

Soils:                        The soil is all Class I Soils, consisting primarily                                  of:
                                 BoA - Botella Loam, 0 to 2% slopes
                                 BtA - Botella Clay Loam, 0 to 2% slopes

Utilities:                    Telephone, Electricity, and Gas available to the                                  property.

Taxes:                      Santa Barbara County Property Taxes-
                                 2001/2002 Tax Year:   $2,949.98

APN:                         133-130-09

Ag. Preserve:           This property is in the Ag Preserve.

Zoning:                     AG-II 100