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1579 Colusa - Village at Eagle Meadows

4.79 Acres of Residential Land Offered at $1,435,000 in Gridley, CA 95948

Investment Highlights

  • Final map and Improvement Plans ready
  • Community is supportive of development

Executive Summary

The final map and improvement plans are prepared. The sound wall fronting the main road is installed and this site has been rough graded. There are also house plans prepared.

Property Facts

Price $1,435,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Residential
Total Lot Size 297.03 AC
Cross Streets Palm Lane

1 Lot Available

Lot 41

Price $1,435,000
Price Per AC $299,582
Lot Size 4.79 AC

The Village at Eagle Meadows is located in the town of Gridley in Butte County. The property consists of a 4.79 acre parcel with a tentative map approved December 2, 2019 for 41 single family lots, typical lot size of 50’ wide and 58’ minimum deep.

Description

The property is located on the south side of Colusa Highway, also know as Sycamore Street, on the west side of town, bordering two recently developed subdivisions approximately 1.5 miles west of Highway 99, a little more than a mile from the center of downtown. Gridley is approximately 17 miles north of Yuba City on Highway 99. The final map and improvement plans have been prepared, improvement plans are approved and the Subdivision Improvement Agreement is ready for signature. Zoning is R-1A Single Family. Initial research indicates this project could qualify for USDA Home Loan Programs, which provide beneficial opportunities on qualifying, down payment and interest rates.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
021-050-036-000
Land Assessment
$2,255,442
Improvements Assessment
$158,426
Total Assessment
$2,413,868

zoning

Zoning Code R-1 (Allows for single family lots, the General Plan designation is Medium Density, permitting reduced setbacks.)
R-1 (Allows for single family lots, the General Plan designation is Medium Density, permitting reduced setbacks.)
  • Listing ID: 29878311

  • Date on Market: 10/25/2023

  • Last Updated:

  • Address: 1579 Colusa, Gridley, CA 95948

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