+/-562.77 Acres – Rangeland – Lost Hills, CA - Kern County

+/-562.77 Acres – Rangeland – Lost Hills, CA

• Location

• Property is located in Lost Hills, west of HWY 46 and north of Bitterwater Valley Road.

• Size

• +/-562.77 Assessed Acres

• Land Use

• The property consists of open rangeland and has not been grazed in recent years.

  Mineral rights are included on two (2) of the four (4) parcels. The property also contains an old gas well that was capped many years ago.

• Legal

• Kern County APNs: 068-020-06-02-6, 068-020-06-02-7, 068-020-06-02-11 and 068-020-06-02-16

• Elevation

• See the attached ‘Elevation Map’ for details.

• Soil

• See the attached ‘Soil Map and Description’ for details.

• Groundwater Disclosure

• Sustainable Groundwater Management Act (SGMA) requires groundwater basins to be sustainable by 2040. SGMA may limit ground water pumping. For more information, please visit the SGMA website at https://water.ca.gov/programs/groundwater-management/sgma-groundwater-management.

  The Buyer is responsible for conducting their own research to verify all information related to groundwater and surface water resources, including availability, usage rights, and potential restrictions.

• Remarks

• Per the seller, a well was drilled on the property and encountered natural gas. The well was subsequently capped. Included in this sale is the mineral rights to two of the property’s four parcels. Based on this history, the seller believes this property presents a unique investment opportunity with potential for future oil, natural gas, or mineral development. Buyers are encouraged to conduct their own due diligence regarding the property’s mineral rights and resource potential.