Lincoln Blvd

Extraordinary opportunity to acquire approximately 111 acres of residential development land in unincorporated Butte County near the southern Oroville city limits. The property was previously planned as “The Communities at Cottonwood Creek,” a master-planned residential community concept featuring 644 proposed residential lots/units arranged among multiple residential villages, together with a proposed ±20-acre regional park and approximately 40,000 linear feet of active trail system. Offered at $999,000, or approximately $9,000 per acre and just $1,551 per proposed residential lot, providing an exceptionally low land basis for a large-scale residential development opportunity. The property consists of three assessor parcels, APNs 035-130-074, 035-130-120 and 035-130-179, and is situated east of Lincoln Boulevard/Road, south of Ithaca Street and north of the Oak Knoll area. Significant previous development and due-diligence work has already been completed, including expired tentative subdivision/PUD planning, geotechnical engineering, Phase I environmental assessment, biological resources studies, wetland delineation, traffic, drainage, archaeological, noise, sewer and water analyses, and utility coordination. The prior development concept utilized clustered residential planning intended to preserve open space and natural features while creating a connected community of residential neighborhoods, parks and trails. An outstanding opportunity for a builder, developer or land speculator seeking substantial residential acreage at a compelling basis in the Oroville market.

Property Details

Location

Legal

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. as of the most recent time synced and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

Provided By
Listed by Austin Barron (#SN157011044)
Listing Office: Austin Barron, Broker (#SNBARRON)