Chico’s Highest Priced Undeveloped Residential Land

Highway 99, Chico 95928

https://homesbyupside.com/home-search/listings/13992190941--99-highway-99-chico-ca-95928-trestle_crmls-22189169

Price $8,250,000 

917 acres of land zoned residential

Written by: Dustin Cheatham

Looking for prime real estate in Chico? Look no further than this beautiful land on Highway 99. This is a great opportunity to purchase a property with so much to offer. It also happens to be a bargain for residential real estate at just $8,988 an acre. Listed by Berkshire Hathaway and Guillon Real Estate Group, Inc. From the looks of it, this land would be perfect for anyone wanting to develop a housing community and room to add a new golf course. The location is simply ideal, across Highway 99 from Butte Creek Country Club golf course and estates. CSU Chico is just six miles away, and Home Depot and Costco are just three miles away. Butte College is 13 miles south. With plenty of space to work with, this is a rare chance to own and develop a piece of property in a highly sought-after area. Don't miss out on this fantastic opportunity!

If you are a property developer seeking open space near a city with a strong economy, you may want to consider building near Chico, California. Chico is home to a large California State University, and Butte College, and is the largest city in Butte County. The city has a robust economy, with a variety of industries, including agriculture, manufacturing, healthcare, and retail. Chico is also a great place to live, with a variety of parks and trails, and a variety of recreational activities that keep you wandering and exploring valleys and foothills, creeks, and lakes. Home to Bidwell Park, the largest municipal park in the western United States. Chico is a proven winner for large-scale master-planned communities. Residential subdivisions that surpass the area median price include Meriam Park, Canyon Oaks golf course and estates, California Park, Amber Grove, Hancock Park, and Butte Creek Country Club. The area is known for its friendliness, restaurants, shopping, nightlife, top-ranking schools, and sports. It is well known for its college-town feel and its proximity to the Sierra Nevada mountains. The location is also a short drive from Lake Oroville, the second-largest reservoir in California.

The 917 acres for sale consist of two legal parcels, 5 APNs. The placement of the land is just south of Chico city limits and landmarked by a familiar welcome sign that’s stood for decades. Table Mountain Ecological Preserve is just 13 miles to the south. The up-and-coming community of Paradise is just a few miles northeast up Skyway Road. When it comes to real estate, the old saying is true: location, location, location. This piece of land is located in a beautiful, natural setting that is sure to become even more popular in the years to come. If you're considering buying property in this area, don't wait – land like this doesn't come on the market often. Own this land or else you’ll soon regret you didn’t take action. 

Call Dustin Cheatham, Realtor with Upside Real Estate 530-767-3714