166+/- acres off of desired Foothill Blvd.
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Unbeatable price as this is bank owned! Unique ownership opportunity. Estimated at 161 acres of land off of desired Foothill Blvd, including an additional adjacent legal parcel at an estimated 5 acres. For a total of 166+/- acres of what use to be an organic olive orchard. Currently being used to graze cattle. All olive trees were removed as the prior owner intended to create a mass subdivision of 5+ acre lots. Leaving the remaining beautiful oaks surrounding the lower rim of this property. Zoning is RR5, and with proper planning a developer could possibly create parcels as small as 5 acres. With the many years of falling compost from the olive trees that were here, along with the natural compost created by the cows, this could be perfect for vineyards, row crops, etc. In checking with county; they have made me aware that a winery, micro-brewery, or micro-distillery may be possible here. Or keep it all to yourself for a great horse or cattle property. Property is for the most part completely usable with gentle rolling areas, creek spanning length of properties edge. Awesome birds eye view pad area where it looks as if there was an old hilltop farm house at one time. Perfect spot for that Winery or custom Tuscan home with beautiful valley views for weddings or events. The bones are here for a great estate property of a buyers imagination. Sellers may consider owner financing with a negotiated down payment. Submit offer for seller consideration on all offers. The sale of this property is subject to approval by all investors involved. Includes estimated parcels #:079-400-001 161+/- acres, & parcel#: 079-260-008 at 5+/- acres.
Some of the local wineries include Long Creek Winery, Quilici Vineyards, as well as Grey Fox Vineyards. Butte County is also home of Sierra Nevada Brewing Company.
With any idea you may have, buyer is advised to visit Butte County building and planning to understand this properties possibilities.
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