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Water Views
Address
0 Forbestown Road Oroville, CA
Price
$ 9,520,000
Property Attributes
  • MLS#SN19237554
  • TypeLand
  • CountyBUTTE
  • CityOroville
  • Zip95966
  • Style
  • Price$ 9,520,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size112 Acres
Listing Provided Courtesy Of:
Kelly Lotti with Century 21 Select Real Estate, Inc..
Property Description

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.

Price History
10/7/2019 Listed $9,520,000

General Features

Co-Listing Agent Last Name Andel
Co-Listing Agent Last Name Candace
Co-Listing Agent State License # 02040053
Co-listing Agent Candace Andel - BRE#02040053
Community Features Fishing, Foothills, Hiking, Lake, Horse Trails, Watersports, Rural, Valley
Directions Corner of Forbestown Road and 162
HOA Fee 0.00
Listagentaor Sierra North Valley
Listing Agent Kelly Lotti - BRE#01112413
Listing Agent State License 01112413
Price Per Square Foot 1.95
Source System CRMLS
Special Listing Conditions Standard
Subdivision Name Butte County Specific Plan
Zoning Specific Plan

Exterior Features

Lot Features Rolling Slope
Lot Size Acres 112.0000
Lot Size Area 112.0000
Lot Size Source Assessor
Lot Size Square Feet 4878720.00
Lot Size Units Acres
View Lake, Marina, Mountain(s), Panoramic, Trees/Woods, Valley
Water Source Public
Waterfront Features Lake, Marina in Community

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 95966

Price
AVG $260K
$9.52M
Visits
AVG 37
7

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