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0 Olive Highway

Oroville, CA 95966
  • $129,000
  • STATUS: Pending
  • ON SITE: 128 Days
  • ID#: OR23141019
Pending
UPDATED: 45 min ago
$129,000
  • 0
    BEDS
  • 5.26
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Vacant Land / Lots
County:

School Ratings & Info

Listing Agent(s): Mario Gattavara of Coldwell Banker Lifestyle Properties (530-532-4444)


Description

Unique 5.26+/- acre parcel with mixed use (MU2 zoning). Records show 6.01AC; see notes below. Driveway to an expansive pad area of around 3+/- acres above road level. Power at property line & 4 bed septic exists. Sewer line runs thru the lower portion of property which is scattered in trees. There appears to be an existing storm drain & power is along the north edge. Lower end of property offers rolling terrain scattered in oaks & natural foliage. Plenty of usable ground. Great property for the individual wanting to live here & run a business from the same location, or a development of retail & residential combined. There was a well on this property when buyer purchased; agent was unable to locate the well shaft if still existing but more than likely has been vandalized and buried. Located just up from Gold Country Casino & RV Park, next to a Mobile Home Park & directly across street from the Christian School. (MU2 zoning per Butte County web site. MU2 shows as 7-14 units per acre with proper planning. On top of the residential allowances, this parcel could potentially be used for commercial allowances. Permitted commercial uses may include general retail, personal services, restaurant, professional offices & other similar uses. The purpose of the mixed use zone is to allow for a mixture of residential & commercial land uses either within a single building or on the same parcel. Interested parties to verify zoning allowances with Butte County.) Zoning Allowances & Septic info in other docs in MLS; ask Realtor for a copy. There is a Cal Trans Reservation for about 0.75+/- acres of frontage that was used for road widening. NOTE: CalTrans has taken 0.747+/-ac 32,541+/-sf of frontage to improve the road frontage and widen road. See map in other docs. This will reduce the 6.01+/- acres noted in assessor records to around 5.26+/- acres. There is also a moratorium restriction on cutting into the new widened street to run water across for an estimated 3+ years per owner. Water line exists on opposite side of road. Buyer advised to investigate to satisfy ones self. Great buy and hold property. They aren't making land anymore!

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Based on information from California Regional Multiple Listing Service, Inc. as of 2023-12-07T10:29:51.41. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Cory Home Team | eXp Realty of California Inc. Licensed in the State of California, USA.
www.searchcaliforniahomes.net/homes/141990910
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0 Olive Highway Oroville, CA 95966

  • Price: $129,000
  • Status: Pending
  • On Site: 128 Days
  • Updated: 45 min ago
  • ID#: OR23141019
0
Beds
0
Baths
0
½ Baths
5.26
Acres
County:
Butte
Property Description
Unique 5.26+/- acre parcel with mixed use (MU2 zoning). Records show 6.01AC; see notes below. Driveway to an expansive pad area of around 3+/- acres above road level. Power at property line & 4 bed septic exists. Sewer line runs thru the lower portion of property which is scattered in trees. There appears to be an existing storm drain & power is along the north edge. Lower end of property offers rolling terrain scattered in oaks & natural foliage. Plenty of usable ground. Great property for the individual wanting to live here & run a business from the same location, or a development of retail & residential combined. There was a well on this property when buyer purchased; agent was unable to locate the well shaft if still existing but more than likely has been vandalized and buried. Located just up from Gold Country Casino & RV Park, next to a Mobile Home Park & directly across street from the Christian School. (MU2 zoning per Butte County web site. MU2 shows as 7-14 units per acre with proper planning. On top of the residential allowances, this parcel could potentially be used for commercial allowances. Permitted commercial uses may include general retail, personal services, restaurant, professional offices & other similar uses. The purpose of the mixed use zone is to allow for a mixture of residential & commercial land uses either within a single building or on the same parcel. Interested parties to verify zoning allowances with Butte County.) Zoning Allowances & Septic info in other docs in MLS; ask Realtor for a copy. There is a Cal Trans Reservation for about 0.75+/- acres of frontage that was used for road widening. NOTE: CalTrans has taken 0.747+/-ac 32,541+/-sf of frontage to improve the road frontage and widen road. See map in other docs. This will reduce the 6.01+/- acres noted in assessor records to around 5.26+/- acres. There is also a moratorium restriction on cutting into the new widened street to run water across for an estimated 3+ years per owner. Water line exists on opposite side of road. Buyer advised to investigate to satisfy ones self. Great buy and hold property. They aren't making land anymore!
Exterior Features

Fencing Partial Lot Features PastureTrees Road Frontage Type Highway Road Surface Type Paved View MeadowMountain(s)PanoramicTrees/Woods View YN Yes Waterfront Features Reservoir in Community

Property Features

Additional Parcels YN No Association Fee 0 Association YN No Common Interest None Community Features Foothills Disclosures Moratorium Electric Electricity - On Property Land Lease YN No Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashSubmit New Construction YN No Senior Community YN No Sewer Septic Tank Special Listing Conditions Standard Utilities Electricity AvailablePhone AvailableSee RemarksWater Available Water Source PublicSee Remarks Zoning MU2



Based on information from California Regional Multiple Listing Service, Inc. as of 2023-12-07T10:29:51.41. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Cory Home Team | eXp Realty of California Inc. Licensed in the State of California, USA.
 
https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_371744815-2.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_371744815-2.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_371744815-2.jpg
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Cory Home Team | eXp Realty of California Inc
41951 Remington Ave., Ste 260
Temecula CA, 92590
Listing Agent(s): Mario Gattavara of Coldwell Banker Lifestyle Properties (530-532-4444)