$4,000,000
For Sale

Garner Lane

Chico, CA 95973
60.00 acres | #SN22254220
Listing OfficeCentury 21 Select Real Estate, Inc.
Browse 4 photos
Type:Purchase
Structure:Land
Zone:Residential

Description

One of the few remaining large, contiguous parcels of open land in north Chico. Surrounded by numerous prestigious upscale homes and new custom home neighborhoods, this 60 acre parcel is steeped in value and opportunity. Current zoning calls for very low density development, affording the opportunity to create large individual parcels for estate homes. The average price of newly constructed homes in the Keefer Slough area in the last year was $1,078,000 or $366 per square foot, and $970,000 or $309.03 per square foot in the last 5 years. Estimates show 55 parcels could be created out of this property with consideration for roads, curbs, gutters, and drainage. Pictures show this sample map for conceptual purposes only. Access to the property is from Garner Ln via deeded easement, or from Kittyhawk Drive via county right of way. Don't forget to check out our aerial tour, and interactive maps in the virtual tour section. Take this once in a generation opportunity to develop this unique expansion to North Chico!

  • Property Details
      • Utility FeaturesCableAvailable, ElectricityAvailable, PhoneAvailable, SewerNotAvailable
      • Lot DescriptionZeroToOneUnitAcre, LotOver40000Sqft, ValueInLand
      • ViewMountains, Neighborhood
      • Utility SourceAgriculturalWell
      • Original List Price$5,500,000
      • MLS #SN22254220
      • MLS #SN22254220
      • Property TypePurchase
      • Cost4000000
      • CountyButte
      • Property SubtypeLand
      • Acres60

Location

sawhneyhomesReal Estate Group
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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Loan Amount
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