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Coastal Ranches stored hay in the barns, used the corrals
and farm shop, and kept vehicles in a garage and in one of the
big barns. Coastal Ranches maintained and paid utilities for the
houses. Coastal Ranches also sealed the driveway, installed a
sidewalk, and provided decedent with a pickup truck for her use.
Workers provided by Coastal Ranches assisted with yard
maintenance, including cutting down and pruning trees, repairing
water pipes, and removing bushes. Coastal Ranches was also
responsible for replacing fences and corrals in the event of a
fire.
Some of the soil on parcel 3 was contaminated by the
spillage of gasoline in a refueling area near one of the barns.
On February 9, 1996, NG Chemical estimated the soil remediation
expenses on parcel 3 to be $36,256.
As of the valuation date, the fair market value of
decedent's interest in the homestead property, including land,
buildings, and site improvements, was $52,000.
The Nipomo Pasturelands
The Nipomo pasturelands consisted of Rancho El Suey (parcel
5), Rancho Nipomo (parcel 6), Lot 74 (parcel 9), and the Pit
(parcel 10). As of the valuation date, all of these properties
were vacant, unimproved lands used only for cattle grazing.
Decedent owned 51 percent of parcel 5, which was an oblong,
irregularly shaped property consisting of 1,487 acres located on
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Last modified: May 25, 2011