0 Garner Lane
Chico, CA 95973
$1,500,000.00 (-27.27%)
Active for $4,000,000
Beds: N/A Baths: N/A Structure Size: N/A sqft Lot Size: 2,613,600 sqft
MLS | SN22254220 |
Year Built | |
Property Type | |
County | Butte |
Status | Active |
Active | $4,000,000 |
Structure Size | N/A sqft |
Lot Size | 2,613,600 sqft |
Beds | N/A |
Baths | N/A |
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!
Listing information courtesy of: Patrick Riley, Century 21 Select Real Estate, Inc. . *Based on information from the Association of REALTORS/Multiple Listing as of 11/14/2024 and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. 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.