• 2,458,962 sq.ft. lot
offered at $595,000
Status: Active // Property Type:
County: Butte

Property Description

Attention all real estate investors and developers! Are you on the hunt for a prime development opportunity? Look no further than these 56+ acres of land located in a highly desirable area of Butte County, nestled along the Thermalito Forebay in Oroville, and situated near schools, ball parks, and Butte County administrative offices– This dynamic location provides the perfect blend of small-town charm and big-city convenience, with a seamless commute to neighboring communities like Chico & Paradise. A tentative subdivision map for 190 (.25ac) lots was approved back in 2008, with extension running through 2019, but unfortunately, it never came to fruition due to the economic downturn. This means that this land is ripe for the picking, and with the right development plans, this property could be transformed into a lucrative investment opportunity. Don't miss out on this chance of a lifetime! **Ask your agent for the supplemental documentation for this property— This documentation provides compelling details regarding this unique and promising real estate opportunity. Previous approvals may help pave the way for expedient progress on infrastructure and construction, while professional engineering plans help lay out a vision for how to best utilize the location and terrain to maximize the potential of this premier development property. Together, these materials can help paint a vivid picture of the possibilities for creating an attractive, thriving new community hub in this ideal setting.

Listing Courtesy of Steve Depa, Re/Max of Chico

Exterior Features

Exterior Features: Valley
  • raj qsar
    CEO | Owner |
    CalBRE# 01744847
    • cell 714.412.5019
    • office 949.612.2535
    email Raj

Use of this site means you agree to the Terms of Use

Based on information from California Regional Multiple Listing Service, Inc. as of July 19, 2023. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.