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$5,900,000

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323 Acres Lot

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0 Pentz Road Paradise, CA 95969

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Nathan King Real Estate Group

info@kingrealestate.group +1(559) 396-0000

UPDATED:

10/04/2024 05:32 PM

Key Details

Property Type Vacant Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID IV24005632

HOA Y/N No

Lot Size 323.000 Acres

Property 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.

Location

State CA

County Butte

Area Para - Paradise

Zoning PUD

Interior

Fireplace No

Exterior

Community Features Hiking, Lake

View Y/N Yes

View Mountain(s), Panoramic, Creek/Stream, Trees/Woods

Building

Lot Description Value In Land

Water Public

New Construction No

Others

Senior Community No

Tax ID 055300013000

Acceptable Financing Cash, 1031 Exchange

Listing Terms Cash, 1031 Exchange

Special Listing Condition Standard

Listed by ERIC WASHLE • COLDWELL BANKER COMMERCIAL SC • 714-323-3862

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Nathan King Real Estate Group

Broker | License ID: 01878277

+1(559) 396-0000

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