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Listed by Terri L Wilcox • Real Brokerage Technologies
$ 4,650,000
Est. payment | /mo
$ 4,650,000
Est. payment | /mo
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 25-2371
Year Built 2005
Source Shasta Association of REALTORS®
Property Description
ADJACENT TO INTERSTATE 5, sits this 1282 acres of vacant land just waiting to be developed. The natural beauty surrounding the area, combined with its strategic location, makes it an attractive proposition for both developers and investors. Don't miss out on this chance to create something truly special in the heart of Northern California.. A large portion is zoned for small rural residential development, (approximately 250 lots, 5 acres in size). The land has generally open and flat terrain with amazing Mt. Shasta and Mt. Lassen views. Surrounding the already established Phase 1 of the Sunset Hills Estates gated community, a portion of the land is located within the existing gated community. The seller is willing to assign the buyer rights to annex additional development into the existing Sunset Hills Estates gated community allowing access to over 5 miles of private paved roads. There is a homeowners association with CCRs and Architectural Guidelines in place for Phase 1, This offer has 8 separate parcels including 25 commercial acres with it's own on/off ramp, off I-5 Exit 659 (Sunset Hills Dr) which features a charming 1,576 sq. ft. sales office overlooking a large year round pond. Equipped with three office spaces, a lobby, a break room, two private restrooms, and a large meeting room. Wells and septic systems are approved for future development, and an enormous aquifer underlies the property. This unique rural property is conveniently located off Interstate 5, just outside the charming historic town of Cottonwood, approximately 20 miles south of Redding, California. Be at the Sacramento Airport in two hours. Close to major hospitals, airports, golf courses, schools, and all essential amenities (just 10 minutes to Walmart and 20 minutes to Costco). A highly desirable Northern California area with Mt. Shasta, Mt. Lassen, Lake Shasta, and the Sacramento River all nearby. Whether you're envisioning a luxurious residential community or a combination of residential and commercial development, this property offers a blank canvas of possibilities. Also listed in MLS #24-5146
Location
State CA
County Tehama
Direction Getting there is easy off Interstate 5. Take Exit 662 Bowman Road to Lake California Dr. or Exit 659 Sunset Hills Dr. in Cottonwood, CA
Exterior
Parking Features Off Street
Building
Level or Stories NaN
Others
Senior Community No
Tax ID 004-140-080
Acceptable Financing All Cash to Seller, Cash to New Loan, Submit
Listing Terms All Cash to Seller, Cash to New Loan, Submit
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