Pentz Road, Paradise, CA 95969

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List Price
$1,900,000
Status
PENDING
Days on Market
708
Price Change
▼ $300,000 1774325237
MLS#
IV24005632
Subtype
Land
Lot Size
14,069,880
Acres
323
MLS Area Major
Paradise (PARA)

Property Description

SIGNIFICANT PRICE REDUCTION FROM $6,500,000 to $1,900,000. 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 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 Mike Pizzagoni with any questions or interest in this opportunity.

Additional Information

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

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: ERIC WASHLE (ericw@cbcsocalgroup.com) from Listing Office: COLDWELL BANKER COMMERCIAL SC.

Based on information from California Regional Multiple Listing Service, Inc. as of . 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.