Olancha CA Real Estate & Land for Sale

Listing includes two lots, parcel number 033-450-15-00 (41.13 acres) as well as 033-450-16-00 (36.11 acres). There is a DWP power line running through the property. Property is fenced.

Great lot of 9 plus acres in the Eastern Sierras. This Inyo County property is located in Olancha, off of Highway 395, north of Haiwee Reservoir, and south of Owens Lake. It borders BLM public lands at the top, and boasts unobstructed views of the Sierra and Coso Ranges. Easy access from Highway 395 leads to Lake Village Road. A graded road leads from the entrance of the property to a flat area at the top, imagined as the ideal place for the construction of a home. A 40 shipping container is already in place, and is included in the sale. The property will need a well and septic system.

A partially developed 2-acre lot on a paved road near Hwy 395, with a new 150 foot private well producing 80 gpm and static water level at 30 feet. This property has an incredible opportunity to acquire an adjacent 20 to 320 acres of BLM land available by DLE application. The DLE program allows acquisition of title to the BLM land after a period of demonstrated agriculture use on 1/8 of the area applied for. For example, 2.5 acres initial use, for a 20 acres deed. The DLE applicant must be a California resident. Seller can assist with the DLE, currently 20 acres in process. According to a geologic survey the adjacent BLM land also has its own extensive aquifer for further irrigation expansion, however there is plenty of water available from the existing well to supply the initial irrigation needs. This location has spectacular views of the nearby Sierra Nevada Mountain range, with the towering 12,000+ foot Olancha peak directly to the west. Numerous Joshua trees and one particularly large specimen makes this unique. The surroundings consist of large ranch acreage and public lands, so it is a very private and serene location. The property comes with a 40-foot Conex box converted into a studio living space, a 1 KW solar electric system, wood stove, wall a/c, wireless internet, irrigation piping and pumps, water storage totes, a Caterpillar 22 track tractor, and a minivan. This is a great opportunity to build a farming operation and a new home. We are selling only due to age and disability. Seller financing available.

APN # 033-060-14 is a 640-acre parcel of land located in Olancha, California, 93549. The property is subject to Bureau of Land Management (BLM) restrictions, but it has been identified as suitable for solar energy development and recreational use. Additionally, the property has been assessed for the presence of silica sand, adding potential value to the land. A proforma was completed for the property in 2019, providing an analysis of its potential financial performance and development opportunities. As of the most recent information available, there is an executed option lease agreement in place for the property, with a total lease sum of $23,997,349.26 over 39 years. Given its size and the opportunities for solar energy development, recreational use, and potential value from silica sand, this property presents a significant investment and development opportunity. Please note that specific details regarding the proforma and lease agreement would need to be obtained from the relevant parties or documentation associated with the property.