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Ana Arias

ana@ariasco.com +1(916) 605-8849

$ 1,350,000

Est. payment | -/mo

40 Acres Lot

Save

$ 1,350,000

Est. payment | -/mo

Save

40 Acres Lot

Key Details

Property Type Vacant Land

Sub Type Residential Acreage

Listing Status Active

Purchase Type For Sale

MLS Listing ID 226105545

HOA Y/N No

Lot Size 40.000 Acres

Acres 40.0

Property Sub-Type Residential Acreage

Source MLS Metrolist

Property Description

Outstanding residential development opportunity in Oroville's Thermalito area. This approximately 40-acre property forms part of a larger approximately 80-acre residential project for which a historical tentative subdivision map depicted 270 proposed home sites. Based on the approximate division of that plan, this individual property represents the potential for approximately 150 home sites. The original development application was filed around 2006 and advanced through nearly the entire approval process. The residential zoning established for the project remains in place. Extensive subdivision planning, engineering, grading, street, utility and supporting development work was completed. The remaining project issue involved the final drainage treatment for runoff from the creek. The application eventually expired before that final matter was completed, but the extensive prior work may give a new builder or developer a tremendous starting point. Historical project maps show public water and sanitary sewer lines at the property boundaries. The utility design included a proposed 8-inch looped water-main system connecting to existing water infrastructure, along with existing 8-inch and 12-inch sanitary sewer mains at various locations around the overall property. The largely open site offers multiple road frontages and excellent access potential. The property is conveniently located near Highway 70, the Thermalito Forebay, schools, shopping, employment centers and Butte County services. The adjoining approximately 40-acre property is also available. Purchase this parcel individually for its approximately 150-home-site potential, or acquire both properties and control the entire approximately 80-acre site covered by the historical 270-home-site subdivision plan. A rare opportunity to acquire residential development land with zoning in place, extensive prior project work and major utility infrastructure shown at the property boundaries. Buyer to verify current development requirements and utility availability.

Location

State CA

County Butte

Area 12567

Zoning MDR Medium density res

Direction Hwy 70 to Nelson Ave, West on Nelson ave to property

Exterior

Utilities Available Sewer Available, Water Available

Water Access Desc Public

View Valley, Hills, Water, Mountains

Topography Mostly Level,South Sloped,Upslope,Level

Street Surface Paved

Road Frontage County Road

Building

Lot Description Other

Sewer None

Water Public

Schools

Elementary Schools Thermalito Union

Middle Schools Thermalito Union

High Schools Oroville Union

School District Butte

Others

Senior Community No

Tax ID 030-032-002-000

Special Listing Condition Real Estate Owned

Listed by eXp Realty of Northern California, Inc.

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Ana Arias

+1(916) 605-8849

ana@ariasco.com

1851 NELSON AVE Oroville, CA 95965

Ana Arias

Key Details

Location

Exterior

Building

Schools

Others

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1851 NELSON AVE