Homes for sale - 0 Cottonwood RD, Oroville, CA 95965

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Natalie Jamaca

natalie@jcastlegroup.com +1(707) 301-6126

$ 2,950,000

Est. payment -/mo

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0 Cottonwood RD Oroville, CA 95965

100 Acres Lot

UPDATED:

03/12/2024 03:18 AM

Key Details

Property Type Vacant Land

Sub Type Agriculture

Listing Status Active

Purchase Type For Sale

MLS Listing ID 223091316

HOA Y/N No

Originating Board MLS Metrolist

Lot Size 100.000 Acres

Acres 100.0

Property Description

This gorgeous 100 acre parcel consists of 80+/- acres of Super High Density Planting (HDP) Olive vineyard centrally located on Cottonwood Road between Hwy 99 & Hwy 70 in the middle of Butte County. The planting is on 13-foot by 5-foot spacing resulting in 670 trees per acre with the support of a trellis system. Owners strategically planned and developed this unique showpiece to make it one of a kind. WATER: Tremendous water with a 50HP Pump producing 2,500 gallons/minute provides irrigation through emitters on drip-line. Laser leveled and terraced for draining. PROFITABLE: Has a great Supplier Contract. BONUS: Being within 1 mile of the large PG&E substation creates another big benefit. Currently there is one Solar Option Contract with a National Energy provider that once exercised will pay $3,750/acre per year for 50 acres ($187,500/year) with a 2% annual escalator for a minimum of 22 years with options to extend up to 34 years nine months. -Cont.

Location

State CA

County Butte

Area 12568

Zoning AG

Direction Hwy 99 or Hwy 70 to Cottonwood road.

Exterior

Fence Barbed Wire

Utilities Available See Remarks

Water Access Desc Agricultural Well,Private Well

View Orchard, Panoramic, Vineyard

Topography Agricultural Leveled,Mostly Level,Level,Lot Grade Varies

Street Surface Paved

Road Frontage County Road

Building

Lot Description Building Pad, Pond Year Round

Sewer None

Water Agricultural Well, Private Well

Schools

Elementary Schools Thermalito Union

Middle Schools Thermalito Union

High Schools Oroville Union

School District Butte

Others

Senior Community No

Tax ID 041-230-005

Special Listing Condition None

Listed by Hamman Real Estate

Natalie Jamaca

REALTOR | License ID: 02079986

+1(707) 301-6126

Natalie Jamaca

0 Cottonwood RD Oroville, CA 95965

Key Details

Location

Exterior

Building

Schools

Others

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0 Cottonwood RD