$5,900,000
For Sale
323.00 acres | #IV24005632
Listing OfficeCOLDWELL BANKER COMMERCIAL SC
Browse 7 photos
Type:Purchase
Structure:Land
Zone:Residential

Description

The subject property consists of approximately 323 acres of land located approximately 1/5 mile south of the Town of Paradise and is within the Paradise Sphere of Influence in Butte County. The nearest cross streets are Pentz Road at Lago Vista Way and Lindenbaum. The development portion of the site is east of Pentz Road and west of the Feather River as it feeds into Lake Oroville. Additionally, the property is approximately 17 miles east of Chico and 80 miles north of Sacramento.
The property has an approved phased tentative subdivision map (Paradise Summit Subdivision; TSM08-0006) with 312 single-family residential lots of
varying sizes from 8,738 to 32,099 square feet and has been divided into 7 phases. The proposed development follows a cluster style, with approximately 137 acres of developable land with the remaining 195 acres designated as open space to help protect sensitive resources and as an amenity to the subdivision.

  • Property Details
      • ViewMountains, Panoramic, CreekStream, TreesWoods
      • Lot DescriptionValueInLand
      • Original List Price$6,500,000
      • MLS #IV24005632
      • MLS #IV24005632
      • Property TypePurchase
      • Cost5900000
      • Utility SourcePublic
      • CountyButte
      • Property SubtypeLand
      • Acres323

Location

Rami ElminoufiReal Estate Group
$
years

Down Payment

$
%
20.0%

Interest Rate

%
5.0%

Tax Rate

%
1.3%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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