Waterfront - Golf Course - Seller Financing
Address
12600 Hwy 36 Chester, CA
Price
$ 24,000,000
Property Attributes
  • MLS#PI21110208
  • TypeLand
  • CountyPLUMAS
  • CityChester
  • Zip96137
  • Style
  • Price$ 24,000,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size1581 Acres
Listing Provided Courtesy Of:
Brad Berch with Berkshire Hathaway Home Services - 805-680-9415
Data Source:
California Regional MLS (CRMLS) - 25 - CA
Property Description

Incredible value as a fully approved development project, and an opportunity to purchase ~1,581 Acres in Northern California at Lake Almanor. This property is one of the largest lakefront properties in California with approximately 1 1/2 miles of beautiful forested shoreline. Comprised of 18 separate APN parcels, two of which are commercially zoned and located on the Northeast of the property and the remaining 16 parcels residentially zoned. Bailey Creek Riparian Habitat, majestic nearby Mount Lassen, 1.5 miles of the forested lakefront shoreline may create an ideal tax shelter and Conservation Easement opportunity for the right investor/buyer. Nearby Mount Lassen is in the southernmost reaches of the Cascade Mountain Range. Trophy fishing in Lake Almanor for beautiful Rainbow Trout is well documented on popular YouTube videos of fishing at Lake Almanor. In addition to Rainbow Trout that is reported to run well into the 10 LB range, the lake is also known for German Brown Trout, King Salmon, and Smallmouth Bass fishing. With a tremendous lake area roughly 13 miles long by 6 miles wide, Summer watersports, including, swimming, sailing, kayaking, water skiing, paddle, and wakeboarding are enjoyed by Lake Almanor residents and many thousands of visitors each year. Lake depth averages about 30 feet to a maximum depth of approximately 90 feet. PG& E owns and operates Lake Almanor. Lake access is available in the many public and private lake marinas and additional access would need to be negotiated with PG&E by the new owner. The current Development Plan has been active since 2012 and expires in 2027 unless further extended. This is a fully approved development project, approved for up to 1,674 residential units, of which 329 surround a proposed golf course. The owner can also build a hotel with approximately 150 rooms & 100,000 square feet of commercial space. Potential alternative uses for the golf course include other various open space activities such as hiking, biking, and horseback riding. Please see photos and attached photo/media/reports/plans/contracts for more information on the "Approved Development Plan" & other ownership options including private or partnered "Legacy Options". Recreational uses/development of this beautiful forested alpine lake location may also be possible/incorporated, including popular high-end RV/Lake Cabin/Glamping Development Scenarios. Truly an opportunity to further develop and Imagineer a canvas of stunning beauty.

Price History
5/26/2021 Listed $24,000,000

General Features

Additional Parcels Description 103010005, 103010006, 103010007, 103010008, 103010009, 103010016, 103010032, 103020011, 103020012, 103020014, 103020015, 103020016, 103020017, 103020018, 103020019, 103030004, 103030005
Additional Parcels Y/N Yes
Community Features Biking, Fishing, Hiking, Lake, Rural, Water Sports
Listing Agent Brad Berch - BRE#01244576
Listing Agent State License 01244576
Property Type Land
Sewer Perc Test Required, Unknown
Special Listing Conditions Standard
Status Active
Terms Cash, Cash to New Loan, Owner May Carry
Utilities Cable Available, Electricity Available, Natural Gas Not Available, Propane, Phone Available, Sewer Not Available, Water Available
View Lake, Mountain(s), Trees/Woods
Waterfront Features Lake
Zoning 3R

Exterior Features

Fencing None
Lot Features Lot Over 40000 Sqft, Ranch, Trees, Value In Land
Lot Size Acres 1581
Lot Size Area 1581
Lot Size Source Owner
Lot Size Square Feet 68868360
Lot Size Units Acres
Road Frontage Type County Road, Highway
Road Surface Type Paved
View Y/N Yes
Water Source Well

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Land Average in 96137

Price
AVG $4.41M
$24M
Visits
AVG 72
94

Looking for a more comfortable experience?

Download our mobile app for a personalized browsing experience.