0000 Lake California Drive, Cottonwood, CA 96022

$4,650,000
Property Type: Lots/Land Lot Size (sq. ft.): 55,843,920 Status: Active
Current Price: $4,650,000 List Date: 12/13/2024 Last Modified: 5/23/2025

Description

NEAR Interstate 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 a 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. Seller may consider offers of separate parcel configurations if feasible. See maps under documents tab.

More Information MLS# 24-5146

Address Info

Street Number: 0000 Street Name: Lake California Cross Street: Bowman Road Street Suffix: Drive State/Province: CA Postal Code: 96022 County: Tehama

Property Description

Current Price: $4,650,000 Area: 08 - Cottonwood List Price: 4650000 GP Zone: TC R1 - One-Family Residential Zoning: Not Available Type: Acres Subdivision: N/A Parcel Number: 004-140-080 Addl. Parcel Number: 004-140-78, 004-140-82, 004-140-83, 004-140-84, 006-200-33, 006-200-31, 006-200-30 Acres Range: 1001 Acres More Acres: 1282 Lot Dim /Lot SqFt: 1282

Remarks

Public Remarks: NEAR Interstate 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 a 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. Seller may consider offers of separate parcel configurations if feasible. See maps under documents tab. Directions: Getting there is easy off Interstate 5. Take Exit 662 Bowman Road to Lake California Dr. or Exit 659 Sunset Hills Dr. in Cottonwood, CA

Contract Information

Listing Contract Date: 2024-12-12 Status: Active List Date: 2024-12-13

View

Water: Creek

Lot Description

Waterfront: Creek

Additional Lot Info

Multiple Lots: Yes

Addl Utilities Info

Electric: Pacific Gas & Electric

Property Features

Type: COMMER; RURLRES Soil Type: Unknown ID Instructions: Plat Map; Survey Present Use: None Development Status: Public Report Avail; Raw Land; Surveyors Map Topography: Gentle; Level; Rolling View: Mountain; Open; Panoramic; Park; Wooded Distance to Shopping: 2 - 5 Miles Distance to Trans: 2 - 5 Miles Lot Description: County; View; Wooded Improvements Include: Access; Outbuildings; Road Paved Road Surface: Asphalt; Dirt Road Maintenance: Private Road Frontage: County; Highway Fence: Partial Special: Access Agreement Req; CCRS; Restrictions Apply Ownership: Individual; Trust Documents Available: Aerial; CCRS; EIR; Public Report; Surveyors Map Miscellaneous: Highway Exposure Utility Availability: Some Gas: Propane Water: Well- Must Drill Waste: Septic Required Available Terms: All Cash to Seller; Cash to New Loan Possession: Close of Escrow Photo: Agent Upload Documents: Plat Map
Listing Office: Real Brokerage Technologies
Last Updated: May - 23 - 2025
0000 Lake California Drive, Cottonwood, CA 96022- MLS# 24-5146
Information deemed reliable but not guaranteed.

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