A 10% earnest money deposit of the total contract price will be due
immediately from all successful bidders. A 5% buyer’s premium will be added to the high bid
to determine the purchase price. The property is being sold “AS IS, WHERE IS” and without
any contingencies, including financing. Closing will be set 30 days from the auction date or as
soon thereafter as closing documents are available. Broker participation is available.
La Panza Ranch is a 14,750± acre ranch in San Luis Obispo County, California. The ranch represents a unique opportunity to acquire a turnkey, multifaceted holding, that includes an active cattle and agricultural operation. There is an expansive family compound of the highest quality, a 280± acre high-density olive grove, cattle pastures, alfalfa, hay, and recreational land. The acquisition includes a state-of-the-art olive oil mill.