0 120 Acres Sec 19 T22 R4e, Paradise, CA

$1,500,000 Approx. USD 0 beds, 0 baths
5,227,200 sqft

Agent Remarks

120+/- Acres, forested, phenomenal view, virgin property in Feather River Canyon, encompassing BOTH SIDES of the WEST BRANCH OF THE FEATHER RIVER, & offering an estimated 2+/- MILES of WATER FRONTAGE SHORELINE on the river! Fascinating possibilities for highly profitable development into multiple residential water front building parcels. Property is parallel to Pentz Rd, and just East of the Northeast corner of the FEATHER RIVER HOSITAL. Take this ideally situated land and get it rezoned into single family RIVER-FRONT residential parcels. Possible potential for roughly sixty (60+/-) two-acre river-front residential lots, each with sale price of $100,000 +! Buyer to work with and apply to county authorities for rezoning and lot splits, and for cutting-in essential road(s). Sale to include some mineral rights. Remaining mineral rights obtainable by application to the Federal Government pursuant to statute. It is a rare water front property in Paradise, close to Chico. Whether for development now or in the future, this is an incredible investment opportunity at a remarkably low price. Get it before it?s gone!

Listing Details

Property type: Land (Lots/Land)
Status: Active
MLS# PA15050291
List price is $1,500,000
Beds: 0
Baths: 0
5,227,200 sqft
120.00 acres
Lot size: 120.000
County: Butte
Zoning: fr40

Last Updated: 9/29/2016

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The listing is zoned fr40.
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Lat/Long: 39.759606, -121.621918.
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Broker: Courtesy of Coldwell Banker Ponderosa R.
Listing Agent: Allan Macdonald

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