Millman Team Real Estate

$30,500,000
4 Bed
2 Bath
1,500 Sqft
39.30 Acre Lot

5366 Foothill Road, Carpinteria, California 93013

  • Residential Property Type
  • 1,500 Sqft Square Footage
  • 2015 Year Built
Property Description

39-Acre Multi-Use Income Ranch – Prime Carpinteria Location, Minutes to Santa Barbara & the Ocean A rare opportunity on one of the largest parcels in the area—39 flat, fully usable acres in the coveted Carpinteria foothills, just 20 minutes from Santa Barbara and only minutes to the Pacific Ocean. The property includes a small on-site residence currently rented for additional income, along with multiple other revenue streams: over 13 acres of mature GEM avocados, a 38,000-sq-ft industrial-grade warehouse, and multiple established greenhouses housing a fully operational, licensed cannabis business that is active and income-producing. All this is set against the backdrop of sweeping mountain views and the serene coastal lifestyle Before the current cannabis operation; the property was a thriving flower and herb nursery with a complete hydroponic system already in place. If cannabis isn’t your cup of tea, the infrastructure allows for an easy return to a high-income flower or specialty-herb enterprise—or any number of other high-value crops. Adding to its long-term value, the ranch is supported by multiple high-capacity wells, ensuring abundant water for irrigation and expansion. This flexible setup means you can collect steady rent as a landlord from the existing operators or step in and run your own agricultural venture—whether cannabis, flowers, herbs, or a different crop entirely

• Prime Carpinteria location—20 minutes to Santa Barbara, minutes to the ocean

• Breathtaking mountain views throughout the property

• 39 acres

• 13+ acres of mature, income-producing GEM avocados

• 38,000-sq-ft warehouse with multiple active cannabis licenses

• Multiple established greenhouses with full hydroponic systems

• Multiple on-site wells providing abundant water for irrigation

• Small residence on property currently generating rental income

• Option to maintain the cannabis business, lease to operators, or easily revert to a lucrative flower and herb nursery

• Ideal for continued farming, equestrian facilities, or large-scale development

• Motivated owner—bring all offers

This is a turnkey agricultural enterprise with a proven history of profitable cultivation—and the water, infrastructure, and location to pivot seamlessly to whatever vision you bring. The existing cannabis business is also available as a separate purchase

Basic Details
Residential
For Sale
SR25228915
$30,500,000
Mountain(s)
4
2
1,500 Sqft
2015
39.30 Acre
Active
2
Single Family Residence
Features
: None
: Central Air
: None
: All Bedrooms Down
: See Remarks
: Unknown
$0
Address Map
CA
Santa Barbara
Carpinteria
93013
Foothill
5366
Road
W120° 29' 34.9''
N34° 24' 23.1''
Between Day Rd and North Victoria AVE use GPS
CPTA - Carpinteria
Neighborhood
Carpinteria Unified
Additional Information
$0
$0
$0
$0
$0
: Mountainous
1
2.0
: One
: 36-40 Units/Acre, Agricultural, Orchard(s)
1
2025-09-30
1
1
: Well
Broker/Agent Information
Keller Williams Realty Calabasas
Samantha Mitchell
Listing Information
SR207068062
F3510002
Cash,Private Financing Available
Active
2025-10-02T23:13:17Z
CRMLS
: Standard
2025-09-30T13:03:06Z
Agent info
Ray Millman
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