Movoto Real Estate
Sold on 09/03/2025
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7242 Road 23, Madera, CA 93637

$1,250,000

Last sold 09/03/2025 after 43 Days

  • —

    bed

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    bath

Multi-family not for sale

About 7242 Road 23

Property type Multi-family
Year built 1920
HOA fee $0/month
Lot size 38.79 Acre
Parking 1 garage spaces
Rental estimate
Property description
Premium 38.79± Acre Almond Ranch with Residence, MID Water & Private Well – Madera, CA An exceptional opportunity to own a fully producing almond orchard with rental income in Madera’s thriving agricultural zone. This 38.79± acre ranch includes a spacious 4-bedroom, 1-bathroom home with approximately 1,690 sq ft of living area, currently leased and generating steady rental income. The orchard is in excellent condition—2025 will be the fifth crop—with a strong production history and healthy, well-maintained trees. It is planted to high-demand varieties including Independence, Hybrid (Viking), and Nemagard. Tree spacing is 22' × 14', with approximately 141 trees per acre, offering a productive and efficient layout. The ranch benefits from dual water sources, being located within the MID (Madera Irrigation District) and also featuring a private ag well, providing reliable and flexible irrigation. A drip irrigation system with booster pump, installed in 2018, ensures consistent and efficient water delivery across the orchard. Situated in a highly desirable farming area with easy access and strong agricultural infrastructure, this turnkey property is ideal for growers, investors, or buyers seeking income-producing farmland with residential potential.
Listed by
Listing Agent - Paramjeet Singh
Listing Agent Contact: 209-564-9999
Listing Office - Century 21 Select Real Estate
Source: CRMLS mls logo
MLS#MC25163237 • last updated 1 year ago
Movoto checked CRMLS for data 8 minutes ago
Overview
Levels/Style One, Contemporary
Type Residential Income
SubType Single Family Residence
Status Closed
Lot Size (Acres) 38.79
Lot Size (SqFt) 1689692
Year Built 1920
Interior
Laundry None
Other Room(s) Workshop
Flooring Carpet
Accessibility Features Other
Window Features Blinds, Screens
Exterior
Foundation Slab
Construction Concrete, Steel, Steel Siding, Stucco
Building Area Square Feet, 1690
Parking Covered, Driveway, Garage
# Parking Spaces 1
# Garage Spaces 1
Other Structures Workshop
Lot Description Agricultural, Agricultural - Row/Crop, Agricultural - Tree/Orchard, Horse Property, Rectangular Lot, Level, Sprinklers Drip System
Amenities / Utilities
Fireplaces None
Sewer/ Septic Septic Type Unknown
Water Source Agricultural Well, Well
Pool None
Location
View Pasture, Trees/Woods
County Madera
Community Features Rural
Zoning ARE-40
Directions FROM HWY 99, TAKE EXIT AVE 18 1/2 / RD 23 PROPERTY LOCATED ON RD 23
APN 44282008
Multifamily Details
Lot/ Land Details
Rental est.: $1,981/month
Gross rent multiplier: 52.6
  • Sep 2025
    mls logo MLS # 225096055
  • Sep 4, 2025 Sold
    $1,250,000
  • Aug 6, 2025 Pending
    —
  • Jul 22, 2025 Listed
    $1,357,650 (+94.4%)
  • Sep 2025
    mls logo MLS # MC25163237
  • Sep 4, 2025 Sold
    $1,250,000
  • Aug 6, 2025 Pending
    —
  • Jul 22, 2025 Listed
    $1,357,650
  • Sep 2025
    Public Records
  • Sep 3, 2025 Sold
    $1,250,000 (-7.9%)
  • Dec 2016
    Public Records
  • Dec 6, 2016 Sold
    $698,500
  • Year Property taxes Tax assessment
  • 2024
    $7,895 -5.6%
    $483,961 -1.58%
  • 2023
    $8,362 +42.4%
    $491,742
  • 2022
    $5,870 +1.1%
    $491,742 +69.61%
  • 2021
    $5,808 -0.4%
    $289,932 +3.02%
  • 2020
    $5,832
    $281,438
  • 7242 Road 23
    $1.25M
  • —
  • 93637
    $482K +4% y/y
  • Madera
    $493K 0% y/y
No chart available
Statistics calculated by Movoto

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Source: GreatSchools.org © 2026. All rights reserved.

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  • 7242 Road 23
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The real estate listing data marked with this icon comes from the IDX program of the CRMLS Multiple Listing Service™ system.
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