0000 Lake California Drvie Cottonwood, CA $ 4,650,000
0000 Lake California Drvie
$ 4,650,000
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0000 Lake California Drvie

Cottonwood, CA, 96022
$ 4,650,000
Baths0.0

Monthly Estimate*

$ 29,010

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Studio

Multi-Family Home for sale in Cottonwood, CA

for $4,650,000. This home was built in 2005.

ADJACENT TO INTERSTATE 5, sits this 1282 acres of vacant land just waiting to be developed. The natural beauty surrounding the area, combined with its strategic location, makes it an attractive proposition for both developers and investors. Don't miss out on this chance to create something truly special in the heart of Northern California.. A large portion is zoned for small rural residential development, (approximately 250 lots, 5 acres in size). The land has generally open and flat terrain with amazing Mt. Shasta and Mt. Lassen views. Surrounding the already established Phase 1 of the Sunset Hills Estates gated community, a portion of the land is located within the existing gated community. The seller is willing to assign the buyer rights to annex additional development into the existing Sunset Hills Estates gated community allowing access to over 5 miles of private paved roads. There is a homeowners association with CCRs and Architectural Guidelines in place for Phase 1, This offer has 8 separate parcels including 25 commercial acres with it's own on/off ramp, off I-5 Exit 659 (Sunset Hills Dr) which features a charming 1,576 sq. ft. sales office overlooking a large year round pond. Equipped with three office spaces, a lobby, a break room, two private restrooms, and a large meeting room. Wells and septic systems are approved for future development, and an enormous aquifer underlies the property. This unique rural property is conveniently located off Interstate 5, just outside the charming historic town of Cottonwood, approximately 20 miles south of Redding, California. Be at the Sacramento Airport in two hours. Close to major hospitals, airports, golf courses, schools, and all essential amenities (just 10 minutes to Walmart and 20 minutes to Costco). A highly desirable Northern California area with Mt. Shasta, Mt. Lassen, Lake Shasta, and the Sacramento River all nearby. Whether you're envisioning a luxurious residential community or a combination of residential and commercial development, this property offers a blank canvas of possibilities. Also listed in MLS #24-5146

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Multi-Family Active

Price

$ 4,650,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 0

Style

None

Year Built

2005

Town/City

Cottonwood

County/Region

Shasta

MLS | Web ID

252371

Features
General
Possession Close of Escrow
Year Built 2005
Business Type See Remarks
Additional Parcels Description 004-140-78 004-140-82 004-140-83 004-140-84 006-200-33 006-200-31 006-200-30
County Tehama
Property Type Investment
Garage Y/N N
Status Active
Directions Getting there is easy off Interstate 5. Take Exit 662 Bowman Road to Lake California Dr. or Exit 659 Sunset Hills Dr. in Cottonwood CA
City Cottonwood
Zoning Description RE - Rural Estate
MLS Area 08 - Cottonwood
Lot Size Square Feet 0.0
Carport Y/N N
Lease Renewal Y/N N
MLS Area Minor 08 - Cottonwood
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
Senior Community None
New Construction None
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Exterior
Parking Features Off Street
Lot Size Area 0.0
Spa N
Lot Size Acres 0.0
Other Parking Conforms to Zoning
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Basement (Y/N) N
Total Baths 0
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Internal Only
Street Number 1 0
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* Excluded Features
List By
Terri L Wilcox

Listing Agent

Real Brokerage Technologies

Broker

terriwilcoxrealtor@gmail.com

Email

Affordability Calculator

$29,010
Per Month
100%
0%
0%
Monthly Principal & Interest
$29,010
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
633023 Elementary School
632821 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/23/2025$4,650,000 Listed Price

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0000 Lake California Drvie, Cottonwood, CA, 96022 is a Multi-Family Home for sale at $4,650,000. 0000 Lake California Drvie is a studio with 0.0 baths and was built in 2005. The property's zip code is 96022 which is in Cottonwood, CA