E Panama Lane - 158.61 +/- Acres of Open Farmland 158.61 Acres of Agricultural Land Offered at $3,695,132 CAD in Bakersfield, CA 93307

DESCRIPTION: This offering consists of a unique opportunity to acquire 158.61 +/- gross acres of open farmland with Class I & II soil(s) and multiple sources of water provided via Arvin-Edison Water Storage District and two (2) irrigation wells. LOCATION: Property is located at the northeast corner of Comanche Drive and East Panama Lane to the southeast of the unincorporated Edison area of the County of Kern and State of California. BRIEF LEGAL: Kern County Assessor Parcel Number(s): 178-390-01; 178-130-18; Portion(s) of Section(s)22; 23; Township 30S; Range 29E; MDB&M IRRIGATION: Property is located within the boundaries of Arvin-Edison Water Storage District (AEWSD) with a contract of service for 156.36 +/- contract acres and surface water delivered via District turnout no. A-90. The property is subject to an annual General Administrative and Project Service Charge of $155.57 per acre that is billed by AEWSD and collected via the Kern County Assessor 2026-2027 tax roll. There is also a standby charge of $100 per acre that is deducted against any 2026 water use charges in the amount of $259 per delivered acre foot of water. For the supplemental delivery of groundwater, the property also has two (2) irrigation wells equipped with a 200HP respectively. SOIL: According to the USDA Soil Storie Index, the property has 100% Class I & II soil(s)