Property ID: 7978336 -
Property ID: 7978336 -
Property ID: 7978336
Type: Farms, Recreational Property
Address: 00 North Butte Road
City: Live Oak
Directions: From the intersection of North Butte Road and South Butte Road near Live Oak, CA: Go west on North Butte Road for 0.3 miles. The subject property will be on the north side of the road
Description: Location: From the intersection of North Butte Road and South Butte Road near Live Oak, CA: Go west on North Butte Road for 0.3 miles. The subject property will be on the north side of the road
APN#: Sutter County APN#: 08-020-005
Rice Farm: There are currently 280 acres of rice grown on the subject property. There is the potential to grow a total of 340+/- acres, but the current owner uses 60 acres for row crops and waterfowl habitat. The remaining acres are roads, ditches, etc.
Duck Club: The Butte Sink is considered to be one of the most productive flyways in the United States. This rice farm is surrounded on 3 sides by the Live Oak Gun Club, The Brady, and Circle 6; which are some of the most exclusive duck hunting clubs in the world. It is 3/4 of a mile from the closed zone portion of Gray Lodge Wildlife Refuge.
Easements: The property is NOT encumbered by any wetland easements. The new owner can plant whatever crop he/she chooses. There is an easement available that would put the whole (or part) of the farm into a wetland in perpetuity. The federal government is currently paying $7,200 per acre and pays for the cost of said restoration. Not all projects get accepted, but given this properties location it would rank high relative to many other projects.
Water: There are 4 deep water wells on the subject property. The combined output on these wells is in excess of 8,000 gallons per minute.
In addition to the 4 wells there are 2 re-circulating lift pumps. These pumps have historically picked up drain water from Gray Lodge and neighboring farms throughout the growing season
Leases: There are no waterfowl leases on the subject property. There is a lease on the rice farm that will terminate at the conclusion of the 2020 rice growing season.
Taxes: The property is enrolled in the Williamson Act. The property taxes will remain low at the close of escrow.
Price: $7,920,000 or $22,000 per acre
Terms: Cash at the close of escrow
Comments: Once in a lifetime opportunity to own a 100% interest in a Butte Sink rice farm/duck club. The soils & water on this farm suggest it can grow rice, corn, millet, and just about any other crop you could think of. Its also in an area that would be an ideal candidate to be enrolled in a wetland easement. Income producing, high quality duck clubs do not come on the market very often. Please call 530-666-7000 for a private showing!
Contact Name: Ward Charter
Address1: PO Box 457
NOTE: The information contained herein is provided as general information only and has been obtained
from sources deemed reliable. It is provided without any guaranty, warranty or representation,
expressed or implied, made by
Lands of America
who specializes in land for sale, or any related entity, as to the accuracy
or completeness of the information. The information is presented subject to errors, omissions,
change of price or conditions, prior sale or withdrawal without notice. Prospective purchasers
should make their own investigations, projections and conclusions concerning the information.