Approved Specific Plan entitled for 112 single family homes, owner would sell all or a portion of 112 acres for homes. Bond in place to pay for infrastructure, including waste water treatment, water line, and water storage tank. Lake Oroville Resort Community, is a vision to create a place like no other in the western U.S Located at the gateway of the High Sierras, potentially the first and only mixed-use development, has entitlements, overlooks California’s 2nd Largest Lake. Seller has been developing and improving the land for many years. Buyer has opportunity to acquire the land with its entitlements, mitigating significant land development risk; saving tremendous amounts of the developer’s time and money. The Specific Plan was adopted by Butte County in 1994. The land being offered has awe-inspiring panoramic views of the coastal range, Sutter Buttes, Lake Oroville, and the Sacramento Valley. Development site is adjacent to the entry of Loafer Creek Recreational Area which is 880 acres and includes boat launching, camp grounds, horse motel, and 44 miles of riding and horse trails. Phase 1 of the Lake Oroville Resort Community is approved; entitlements are for hotel, condominiums, wellness center, and commercial center. The land also has no debt.
|Lot Size||112 Acres|
|Listing Agent||Kelly Lotti|
|Listing Office||Century 21 Select Real Estate, Inc.|
Listed by Kelly Lotti and Candace Andel of Century 21 Select Real Estate, Inc.. Listing data last updated 11/14/2019 at 6:12 PM PST.
Based on information from California Regional Multiple Listing Service, Inc. as of 10/23/2019 10:05 AM. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
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