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Listed by Patrick Riley • Century 21 Select Real Estate, Inc.
$ 4,000,000
Est. payment /mo
Active
0 Garner Lane Chico, CA 95973
2,613,600 SqFt
UPDATED:
08/21/2024 05:38 AM
Key Details
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Active
Purchase Type For Sale
Square Footage 2,613,600 sqft
Price per Sqft $1
MLS Listing ID CRSN22254220
HOA Y/N No
Originating Board Datashare California Regional
Lot Size 60.000 Acres
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
Interior
Fireplace No
Exterior
View Mountain(s), Other
Building
Water Well - Agricultural
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