0 Forbestown Road

    Oroville, CA 95966
    • $9,520,000
    • STATUS: Active
    • ON SITE: 6 days
    • ID#: SN19237554
    New On Site 6 Days Ago
    UPDATED: 133 min ago
    $9,520,000
    • 0
      BEDS
    • 112
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Type:
    Vacant Land / Lots
    County:

    School Ratings & Info

    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+GGs 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+GGs 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.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-10-15T00:33:24.53. 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 deemed reliable but is not guaranteed accurate by the MLS or HEADQUARTERS | Keller Williams Beverly Hills. Licensed in the State of California, USA.
    www.dscvrproperties.com/homes/99700146

    0 Forbestown Road Oroville, CA 95966

    • Price: $9,520,000
    • Status: Active
    • Updated: 133 min ago
    • ID#: SN19237554
    0
    Beds
    0
    Baths
    0
    ½ Baths
    112
    Acres
    County:
    Butte
    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+GGs 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+GGs 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.
    Exterior Features

    Lot Features Rolling Slope Lot Size Source Assessor Lot Size Units Acres View LakeMarinaMountain(S)PanoramicTrees/WoodsValley View YN Yes Waterfront Features LakeMarina in Community

    Property Features

    Additional Parcels Description 072180030072180028072180027072180026072190013072190025072190005 Additional Parcels YN Yes Association Fee 0.00 Association YN No Community Features FishingFoothillsHikingLakeHorse TrailsWatersportsRuralValley Country Us Distance To Water Comments Tbd Elevation Units Feet Land Lease YN No New Construction YN No Senior Community YN No Special Listing Conditions Standard Subdivision Name Other Butte County Specific Plan Water Source Public Zoning Specific Plan

    Listing provided courtesy of Kelly Lotti of Century 21 Select Real Estate, Inc. and Candace Andel of


    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-10-15T00:33:24.53. 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 deemed reliable but is not guaranteed accurate by the MLS or HEADQUARTERS | Keller Williams Beverly Hills. Licensed in the State of California, USA.
     
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