Brent, I would strongly incourage you to look outside of CA. I grew up in San Diego, lived in Orange, Simi Valley, Bakersfield, Petaluma, San Jose, and Sonoma. I've been all over the state, and it's a great place. However, there are coming infrastructure problems that may cause you to be on the hook for the financial burdens that might make a huge difference in your way of life.
I have property in NM, CO, TX, and still some in CA. I live most of the time in TX, but also spend a lot more time in northern NM.
As for being in a flood plain, is it defined by the FEMA people? Because, they have the craziest flood plain maps in the world. I have a home at 6500' on a hill and FEMA says it's in the 100 year flood plain. Are they kidding? Anyway, take a look at some historical records about actual flood or water damage. Also, if you have a couple of tractors, you can build yourself a mound for the structure, or even put it on piers(except the shop).
Anyway, keep looking and widen your horizon outside CA. I think you'll be shocked there are other nice places in the country.
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