Remarks

NEAR I-5. A highly develop-able opportunity to acquire 1,282 acres of vacant land mostly zoned for single family 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 homeowners association with CCRs and Architectural Guidelines in place,

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 canvas of endless possibilities. 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.

Details

MLS#: 25-2371
Price: $4,650,000

Year Built: 2005

County: Tehama