Commercial Real Estate in Chico, Call 530-896-3126

0 Plumas Avenue Oroville, CA 95965

$325,000 Active

About the Property

A Genuine Development Opportunity! 40 Lot Planning Commission Approved Tentative Map for what is called the “Butte Vista Estates”. The footwork, time, manpower, political setbacks and much of the uncertainty of approvals have already been done here saving you time and a good deal of expense in the overall development process. Great location for entry level single family housing at a time when Oroville, Ca is experiencing a good deal of growth due to the housing shortages. Shopping, Schools, Town, Home Depot, Amenities all in real close proximity. Sierra Ave Elementary, Poplar Ave Elementary & Plumas Ave Elementary in close proximity. Bus route runs along Plumas Ave and along the front of this land. Close proximity to the Forebay & Afterbay water recreation areas and launch ramps. Tentative Subdivision Map would be subdividing 9.7 acres, situated in the MDR (Medium Density Residential, 6,000 square foot minimum) zone. The Project creates forty (40) single-family residential lots, ranging in size from 6,500 to 11,873 square feet. Future development of single-family residences will be consistent with the MDR zoning designation. Access to the lots will be via a new road, accessed off Plumas Avenue. Thermalito Water and Sewer District will provide domestic water and sewer service to the lots. The site is relatively level with an average slope of less than 1%. (Per Butte County Department Of Development Services: Current map approved is valid until November 10, 2024. The owner of the approved map can request a one-time map extension for up to 6 years. The map runs with the land, so whoever owns the land can complete the requirements to record the map. A map extension fee for 2024 is $1,682.29.) The seller may consider owner financing short term with a significant down payment on terms negotiated between buyer and seller.

Property Information

Property Type Unimproved Land
Zoning MDR
Listing Number OR24088952
Listed 5/3/2024
Modified 5/3/2024
Listing Agent Mario Gattavara
Listing Office Coldwell Banker Lifestyle Properties

Property Features

Water Source
  • See Remarks
  • Electricity Available
  • Phone Available
  • Sewer Available
  • Water Available
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