521 W 11th Avenue W, Chico, CA 95926

$1,415,000
List Price
$1,415,000
Status
ACTIVE
MLS#
SN19112357
Lot Size
132,422
Acres
3.04
Lot Location
Lot Over 40000 Sqft, Flag Lot, Level
Days on Market
5
Property Type
Land

Property Description

11th Avenue Subdivision represents a rare investment opportunity with approved Civil Improvement plans to build 19 new single family homes on an approved 21 lot subdivision, 2 homes are existing and will retain ¼ acre lots +/-. The house located at 521 W 11th Avenue will need to be demolished as part of the construction of the subdivision. The house at 525 W 11th Avenue will be kept by the current owner to live in. The house at 443 W 11th Avenue will be part of the bulk sale with market value of $400k. Located in a tree-filled, well established neighborhood near the heart of Chico, this property is mere blocks from Enloe Medical Center (the third largest employer in Chico) and is biking distance to Downtown and CSU Chico. The property backs up to a family run almond orchard which provides quiet neighbors and a wooded environment. 11th Avenue has approved improvement plans, is completely entitled, construction is ready to commence now

Additional Information

Lot Description
Valley
View
Neighborhood, Orchard
Water
Public

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Calculator source: Real Geeks

Listing courtesy of Brooke Shelton from BPS Properties

Based on information from California Regional Multiple Listing Service, Inc. as of . 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.