The subject property consists of approximately 323 acres of land located approximately 1/5 mile south of the Town of Paradise and is within the Paradise Sphere of Influence in Butte County. The nearest cross streets are Pentz Road at Lago Vista Way and Lindenbaum. The development portion of the site is east of Pentz Road and west of the Feather River as it feeds into Lake Oroville. Additionally, the property is approximately 17 miles east of Chico and 80 miles north of Sacramento.The property has an approved phased tentative subdivision map (Paradise Summit Subdivision; TSM08-0006) with 312 single-family residential lots ofvarying sizes from 8,738 to 32,099 square feet and has been divided into 7 phases. The proposed development follows a cluster style, with approximately 137 acres of developable land with the remaining 195 acres designated as open space to help protect sensitive resources and as an amenity to the subdivision.
IV24005632
Land, Other
Butte
323
Acres
Public
Exterior / Lot Features
- Parking
- 0 Covered Parking Spaces.
- Lot View
- Mountain, Panoramic, Trees/Woods, Creek/Stream
- Zoning
- PUD
- Additional Exterior/Lot Features
- Value In Land.
Financial Considerations
055300013000
Cash, 1031 Exchange
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