Garner Lane, Chico, CA 95973

$3,500,000

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List Price
$3,500,000
Status
Active
MLS#
SN26199436
Lot Size
2,821,817
Lot Location
0-1 Unit/Acre
Days on Market
0
Property Type
Land

Property 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 ±65 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. Take this once in a generation opportunity to develop this unique expansion to North Chico!

Additional Information

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None
Sewer
None
Water
Agricultural Well

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Austin Barron (abarron@ethanconradprop.com) from Listing Office: Austin Barron, Broker.

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.