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0 Lago Vista Way 323 Acres of Residential Land Offered at $4,885,720 CAD in Paradise, CA 95969

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EXECUTIVE SUMMARY

SIGNIFICANT PRICE REDUCTION FROM $6,500,000.
The offering 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 a recently expired 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.
Please reach out to our team with any questions or interest in this opportunity.

PROPERTY FACTS

Price $4,885,720 CAD
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Residential
Proposed Use
Hold For Development
  • Hold For Investment
  • Master Planned Community
  • Open Space
  • Planned Unit Development
  • Single Family Development
Total Lot Size 323.00 AC
Zoning PUD - Planned Unit Development (PUD08-0001)

1 LOT AVAILABLE

Lot

Price $4,885,720 CAD
Price Per AC $15,126.07 CAD
Lot Size 323.00 AC

8 parcels totaling +/- 323 acres

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 055-300-103-000
  • 055-300-109-000
  • 055-300-099-000
  • 055-310-023-000
  • 055-300-038-000
  • 055-300-102-000
  • 055-300-013-000
  • 055-300-101-000
Land Assessment
$3,507,000 CAD
Improvements Assessment
$0 CAD
Total Assessment
$3,507,000 CAD
  • Listing ID: 30624739

  • Date on Market: 2024-01-10

  • Last Updated:

  • Address: 0 Lago Vista Way, Paradise, CA 95969

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