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0 Speedway Ave - 0 Speedway Ave

17 Acres of Residential Land Offered at $1,450,000 in Chico, CA 95928

Investment Highlights

  • Tentatively PLANNED and APPROVED for a gorgeous subdivision.
  • Great investment opportunity.
  • Directly surrounding homes sell for $750k-$1 million plus!

Executive Summary

RARE 17.1 acre lot, tentatively PLANNED and APPROVED for a gorgeous subdivision, conveniently located in Chico! Zoned for a low-density residential development, this parcel offers the potential for 15 LARGE homes, each situated on 1+ acres of land. Currently located in the county but situated within the city sphere of influence, this parcel combines the best of both worlds. Nestled just 2 miles away from the vibrant downtown Chico, residents will enjoy easy access to the freeway, Costco, breweries, Butte Creek Country Club and more, all while relishing a true country living ambiance. This parcel is in the county of Butte with Cal Water located at the north end of the property. Directly surrounding homes sell for $750k-$1 million plus! Buy land, they don't make it anymore!

Property Facts

Price $1,450,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Residential
Total Lot Size 17.00 AC

1 Lot Available

Lot

Price $1,450,000
Price Per AC $85,294.12
Lot Size 17.00 AC

zoning

Zoning Code VLDR (Very Low Density Residential)
VLDR (Very Low Density Residential)
  • Listing ID: 29464204

  • Date on Market: 9/7/2023

  • Last Updated:

  • Address: 0 Speedway Ave, Chico, CA 95928

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