Rare opportunity to own this amazing 20 Acre Ranch known as Rancho Royale! The property is comprised of two contiguous 10 acre parcels with separate APN's and each with their own single family residence that combined make this a truly unique and rare ranch suitable for so many potential uses. Let your imagination run wild and turn your dream into reality as this flat 20 acre property provides both the footprint for your vision while generating a substantial income stream. The current Owners have spent time and money upgrading the ranch over the last few years and it is currently set up as a fully equipped Equine Facility with Five Arenas, Three Round Pens, Two Large Barns both English and Western as well as two 6 stall barns, Newer Hay Barn, Managers Office, Workshop and so much more. This property is well located and is only a 15 minute drive from downtown Ojai or the Pacific Ocean! The Owners Main Residence has been renovated from top to bottom with all the comforts of a new home. Upgrades include remodeled Kitchen with granite counters, tastefully remodeled bathrooms, manufactured wood-like flooring throughout, vaulted ceilings and recessed lighting. The main home also includes a 1445 sq.ft. remodeled rental apartment which sits above the two-car garage and is rented out at $1,900 per month. The large second home is located on the 2nd parcel and is currently rented at $4,000 per month. Additional rental income contributes to the $14,000 monthly income stream.
Listing courtesy of David Remedios from RE/MAX Gold Coast REALTORS
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