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Spring Place

Banning CA 92220

1147370 sq. ft.
Land
Currently for sale - view listing

Overview

This is an amazing property. Not all the 26.34 acress is usable but a good portion of it. The main value of this property is in the incredible spring water that comes out of the mountain. 44 gallons of water a minute. There is a valve to control the flow. This is not a well. This water is Artesian water, coming out of the mountain, for ever water. The new owner can retail it or sell the rights to a water bottling company and still keep the property. If the new owner is a entrepenour, will make a fortune with this property. Another use for the land is to have an avocado grove and use the water to irrigate. Avocados need a lot of water. THE REPORTS DONE ON THE WATER ARE INCLUDED IN THE SUPPLEMENTS.

Features

1147370 sq. ft. lot size
Land

Happy sellers in Banning

88%
88% of sellers in Banning reported that their sale price either exceeded or met their price expectations.

Banning stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 19 reviews in Banning over the last 12 months.

Local market activity for land plots in Banning

In the last 12 months, 20 land plots similar to Spring Place, have been sold.

This represents a 14% increase in land plots sales when compared to the previous 12 months.

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