0 Lincoln Boulevard,Oroville, CA 95966
Oroville, CA 95966
Description
Extraordinary opportunity to acquire approximately 111 acres of residential development land in unincorporated Butte County near the southern Oroville city limits. The property was previously planned as "The Communities at Cottonwood Creek," a master-planned residential community concept featuring 644 proposed residential lots/units arranged among multiple residential villages, together with a proposed ±20-acre regional park and approximately 40,000 linear feet of active trail system. Offered at $999,000, or approximately $9,000 per acre and just $1,551 per proposed residential lot, providing an exceptionally low land basis for a large-scale residential development opportunity. The property consists of three assessor parcels, APNs 035-130-074, 035-130-120 and 035-130-179, and is situated east of Lincoln Boulevard/Road, south of Ithaca Street and north of the Oak Knoll area. Significant previous development and due-diligence work has already been completed, including expired tentative subdivision/PUD planning, geotechnical engineering, Phase I environmental assessment, biological resources studies, wetland delineation, traffic, drainage, archaeological, noise, sewer and water analyses, and utility coordination. The prior development concept utilized clustered residential planning intended to preserve open space and natural features while creating a connected community of residential neighborhoods, parks and trails. An outstanding opportunity for a builder, developer or land speculator seeking substantial residential acreage at a compelling basis in the Oroville market.
Details
| MLS # | SN26200572 |
|---|---|
| Listing Type | For Sale |
| Style | Unimprovedland |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 44 |
| Listing Provided By | Austin Barron, Broker | Austin Barron |
Features
| SQ Feet | 100 |
|---|---|
| Story(s) | 1 |
| Zoning | ARS |
| Acreage | 111.88 |
Exterior
| Lot Features | Six To Ten Units Acre |
|---|
Utilities
| Utilities | None, Water Not Available |
|---|
Area Information
| State | CA |
|---|---|
| County | Butte |
| City | Oroville |
| Zip Code | 95966 |
| Listing VS Median (in 95966) | |
Price: $999,000 low | high Med: $304,375 sqft: 100 low | high Med: 1,551 $ / sqft: $9,990 low | high Med: $208 On site: 44 low | high Med: 106 | |
Market Activity 95966
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Learn More About This Property
| State | CA |
|---|---|
| County | Butte |
| City | Oroville |
| Zip Code | 95966 |
| Listing VS Median (in 95966) | |
Price: $999,000 low | high Med: $304,375 sqft: 100 low | high Med: 1,551 $ / sqft: $9,990 low | high Med: $208 On site: 44 low | high Med: 106 | |
