Monte Vista Avenue, Oroville, CA

Land for Sale - $1,650,000


Agent Info

Austin Barron
CENTURY 21 Select Real Estate, Inc.

Property Info

CIMLS#1143275
Location
  Monte Vista Avenue
  Oroville CA 95966
UpdatedApril 21st, 2024
TypeLand
Price$1,650,000

Property Description

We are pleased to present a unique and exceptional opportunity, this 13.87-acre parcel located on Monte Vista Avenue, ready for residential development. This property is zoned Medium High Density Residential (MHDR), allowing for the construction of up to 194 dwelling units total. Situated directly across from Las Plumas High School, this promising site provides an excellent setting for residential development that could serve families, teachers, staff, and the larger community. Imagine a collection of townhomes, condos, or apartments catering to a range of families and individuals, providing direct access to one of the area's most respected educational institutions. The property is graced with Thompsonflat loam soils, a rich and fertile soil type that can support lush landscaping or potentially even a community garden, adding to the potential amenities for future residents. This parcel's strategic location offers utilities nearby, reducing the infrastructure setup cost and accelerating the timeline for project completion. The land offers a significant canvas for a visionary developer looking to create a residential community that meets the increasing demand for housing in the area. Seize this unique opportunity to transform this versatile parcel into a vibrant and thriving residential development that is sure to be an asset to the local community. A property of this caliber and potential is rare. Don't miss out on this golden opportunity to leave your mark on the local community!


Financials