Active

0 Garner Lane

Chico CA, 95973

$4,500,000


$1.72 per sqft

Active

60 Acres

Land

Listed by Patrick Riley with Century 21 Select Real Estate, Inc. 530-345-6618

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!

SN22254220

MLS ID

December 13, 2022

Listed

May 9, 2024

Updated

Map

0 Garner Lane
Chico CA, 95973

Exterior/Building Features

Lot Size

60 Acres


Lot Features

0-1 Unit/Acre, Lot Over 40000 Sqft, Value In Land


Sewer

None

Other Property Details

Days on Market

316


Garage

No


View

Yes


View Description

Mountain(s), Neighborhood


County

Butte


Water Source

Agricultural Well


Pool

No


Zoning

VLDR


Buyer Agency Compensation

2%

Listing History

Date

Event

Price

10/25/2023

Price Change

$4,500,000

-19%

Listing Contact: 530-345-6618 

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 5/9/2024. 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, the 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. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2024 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 5/9/2024 at 12:21 PM UTC

 

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