14450 Meridian Road, Chico, CA

About 14450 Meridian Road

37+ acres of pecans planted in the spring of 2013, approximately 5 acres of irrigated pasture and approximately 17 acres of winter grazing land. Improvements include two modular homes on permanent foundations. A new 3-bedroom two bath home and a 2013 2-bedroom 2 bath modular home; a shop/equipment storage building that is 42 x 100 and a solar array that is 22,440 watts. The 2-bedroom 2 bath home is rented on a month-to-month basis and generates $16,100 per year in rental income. This property comes with multiple opportunities for an owner; you have rental income from one home, the pecan crop income and a beautiful place to live. It is very well maintained and in good condition. If you have an entrepreneurial spirit, you could develop your own market for the pecans, the current owner has been selling a small portion of the crop at farmers market, but there is also the potential to do direct sales online.

Listing Map