Olive Highway, Oroville
$699,000MLS® # OR21233413
$899,000
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Welcome to Garden Ranch Estates, an extraordinary 8.28-acre parcel boasting an approved tentative subdivision map (expired 2018) for a 41 unit Planned Unit Development (PUD). This unique property presents a fantastic opportunity for developers and builders, situated in a desirable location prime for growth and development. This coveted site is accentuated by its exceptional topography, consisting of Thompsonflat loam soils that are well-regarded for their fertility and water retention capabilities - a great choice for landscaping and horticultural pursuits. The gentle 4% slope across the expanse of the property enhances its aesthetic appeal, providing a unique vantage point from each potential residential plot, ensuring future residents can enjoy their own unique views. The unique feature of this property is a 1.94-acre planned Oak Woodland preserve. This preserved land spotlights the location's natural charm, ensuring the residents of the future community will be intimately connected with nature. The Oak Woodland preserve will undoubtedly be a cherished space for walking, relaxation, and neighborhood gatherings, adding a considerable selling point for future homes.Utility connections are available at the street, significantly easing the cost of developing the parcels. With the crucial groundwork already laid out, this property is ready to be transformed into a residential haven. This parcel is more than just land; it's a gateway to possibilities. Here is your chance to shape and craft an idyllic residential community set within a peaceful, scenic, and convenient setting. Embark on the journey of creating a place that dozens of people will call home. Don't miss out on this remarkable opportunity.
Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
Century 21 Select Real Estate, Inc.
MLS® # OR21233413
MLS® # SN21236757
Based on information from California Regional Multiple Listing Service, Inc. as of May 20th, 2024 at 8:45pm PDT. 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.