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Michelle Esquivel
michelle@michellehomesellingteam.com$ 4,000,000
Est. payment | /mo
60 Acres Lot
$ 4,000,000
Est. payment | /mo
60 Acres Lot
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID SN22254220
HOA Y/N No
Lot Size 60.000 Acres
Lot Dimensions Assessor
Property Description
One of the few remaining large, contiguous parcels of open land in north Chico. Surrounded by numerous prestigious upscale homes and new custom home neighborhoods, this 60 acre parcel is steeped in value and opportunity. Current zoning calls for very low density development, affording the opportunity to create large individual parcels for estate homes. The average price of newly constructed homes in the Keefer Slough area in the last year was $1,078,000 or $366 per square foot, and $970,000 or $309.03 per square foot in the last 5 years. Estimates show 55 parcels could be created out of this property with consideration for roads, curbs, gutters, and drainage. Pictures show this sample map for conceptual purposes only. Access to the property is from Garner Ln via deeded easement, or from Kittyhawk Drive via county right of way. Don't forget to check out our aerial tour, and interactive maps in the virtual tour section. Take this once in a generation opportunity to develop this unique expansion to North Chico!
Location
State CA
County Butte
Zoning VLDR
Interior
Fireplace No
Exterior
Community Features Rural
Utilities Available Cable Available, Electricity Available, Phone Available, Sewer Not Available
View Y/N Yes
View Mountain(s), Neighborhood
Present Use Unimproved
Building
Lot Description 0-1 Unit/Acre, Lot Over 40000 Sqft, Value In Land
Sewer None
Water Agricultural Well
New Construction No
Others
Senior Community No
Tax ID 047710002000
Acceptable Financing Cash, Submit
Listing Terms Cash, Submit
Special Listing Condition Standard
Listed by Patrick Riley • Century 21 Select Real Estate, Inc. • 5886593
michelle@michellehomesellingteam.com
515 S Myrtle Ave, Monrovia, CA, 91016, USA