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1601 Nelson Avenue $2,950,000

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    1601 Nelson Avenue Oroville, CA 95965

    • 80.00 Acres
    • Land
    • MLS# 20058388
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    Views: 42

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    Property Details

    Rare Opportunity to Jump right in and Build 270 +/- homes on this fairly flat piece of land with no trees to worry about. Currently Zoned MHDR (per General Pan) allowing for up to 14 DU/AC. The property went into Foreclosure in the 2007 Market crash and the REO seller waited for the right time to Sale.. Homes are needed here now more than ever before. Seller has almost everything the past required by the county for the new Subdivision of 270 Beautiful Home Sites on 80 Great Acres. The county has stayed they are very interested in the restart with a new buyer. Seller financing will be considered. Electricity, Water and sewer within feet of the parcel. At list price that's only $11,000 per parcel for 270 homes (plus infrastructure cost). Past Engineering Firms has stated they are still available to do any needed requirements. Zoning is in place.. Get your'' Map (or use the previous map) and other needed Docs approved.. Start Building the needed Homes ASAP.

    • General Features
      • Association No
      • Association Fee $0
      • County Outside California
      • Development Status Improvement Plans Available, Tentative Map Filed
      • Property Subtype Residential Acreage
    • Building Features
      • Frontage Type River
      • Number of Lots 0
      • Minimum Bldg SqFt 0
      • Total Parking Spaces 0
      • Other Equipment None
      • Other Structures None
    • Property Features
      • Distance To Electric Electricity To Site
      • Distance To Sewer Sewer At Site,Sewer Within 500 Ft
      • Distance To Water Public At Site,Public Within 500 Ft
      • Irrigation None
      • Lot Features Corner, Pond Seasonal
      • Lot Size Acres 80
      • Lot Size Square Feet 3484800
      • Lot Size Source Owner
      • Vegetation None
      • Road Responsibility Public Maintained Road
      • Road Surface Type Paved
    • Schools
      • Elementary School District Other
      • Middle or Junior School District Other
      • School District County Other
      • Senior High School District Other

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    Neighborhood

    95965 (Oroville) Demographics

    38 Median Age
    61 Population Density (per sq. mile)
    24% College Educated
    $35,138 Estimated Median Income
    3,930 Estimated Total Home Owners
    3,053 Estimated Total Renters
    56% / 44% Estimated Owner / Renter Divide
    3 Estimated Average Household Size
    20,498 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $0 Median Sales Price
    0 Homes Sold
    14 New On Market

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source: Multiple Listing Service New Value: $2,950,000
        7/19/2021 3:29:01 AM Status Changed Source: Multiple Listing Service New Value: Active
        6/3/2021 7:04:10 PM Status Changed Source: Multiple Listing Service New Value: Pending
        9/28/2020 6:45:00 PM New in Database Source: Multiple Listing Service New Value: $2,950,000

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        *This Payment Calculator is intended for educational and planning purposes only.
        **Assumes 3.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.
        Information is provided in part by the IDX program of METROLIST SERVICES, INC. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listing information last updated 10/26/2021 4:02:33 AM. All measurements and all calculations of area are approximate. Information provided by Seller/Other sources, not verified by Broker. All interested persons should independently verify accuracy of information. Provided properties may or may not be listed by the office/agent presenting the information. Terms of Use

        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.