Discover wide-open California skies on this expansive Olancha parcel along Lake Village Road, where desert light drifts across the land like a slow-moving tide. This vacant lot offers a generous canvas for your vision-whether that's a peaceful getaway, a future homesite, or an investment in a region steadily gathering interest.The property sits with effortless access to Highway 395, placing you within striking distance of Lone Pine, the Alabama Hills, the gateway to Mount Whitney, and the shimmering stretch of Owens Lake. The surrounding landscape blends rugged mountains with serene open desert, creating a sense of calm that feels both grounding and inspiring.
APN # 033-060-14 is a 640-acre parcel of land located in Olancha, California, 93549. The property is subject to Bureau of Land Management (BLM) restrictions, but it has been identified as suitable for solar energy development and recreational use. Additionally, the property has been assessed for the presence of silica sand, adding potential value to the land. A proforma was completed for the property in 2019, providing an analysis of its potential financial performance and development opportunities. As of the most recent information available, there is an executed option lease agreement in place for the property, with a total lease sum of $23,997,349.26 over 39 years. Given its size and the opportunities for solar energy development, recreational use, and potential value from silica sand, this property presents a significant investment and development opportunity. Please note that specific details regarding the proforma and lease agreement would need to be obtained from the relevant parties or documentation associated with the property.
Olancha is located in California. Olancha, California has a population of 158. Olancha is less family-centric than the surrounding county with 0% of the households containing married families with children. The county average for households married with children is 21.96%.
The median household income in Olancha, California is $61,964. The median household income for the surrounding county is $60,925 compared to the national median of $69,021. The median age of people living in Olancha is 60.8 years.
The average high temperature in July is 100.5 degrees, with an average low temperature in January of 31.6 degrees. The average rainfall is approximately 6.8 inches per year, with 2 inches of snow per year.
