1625 NELSON Avenue
Oroville, CA, 95965
$
1,150,000
Baths0.0
Monthly Estimate*
$
7,261
Studio for $1,150,000. The lot size is 40.
Rare opportunity to acquire approximately 40 acres of Medium Density Residential land in Oroville's Thermalito area, near Nelson Avenue, Highway 70 and the Thermalito Forebay. The zoning is already in place, giving builders, developers and land investors a major head start for future residential development. This property was part of a larger historical subdivision plan that showed approximately 270 proposed home sites across the full 80-acre project area. Based on the prior layout, this individual offering has potential for approximately 115+/-plus home sites. The historical map appears to show many planned lots in the approximate 5,000 to 6,500 square foot range, with select larger lots shown in portions of the plan. This site checks the boxes developers care about: Medium Density Residential zoning, scale, prior subdivision planning, prior engineering, strong street layout concepts, nearby utilities and a location close to schools, shopping, services, recreation and transportation. Historical plans show public water and sewer infrastructure at or near the property boundaries, including a proposed 8-inch looped water-main system and existing 8-inch and 12-inch sewer mains serving the overall project area. The location is a major part of the value. The property is close to the Thermalito Forebay and outdoor recreation, while still being minutes from Oroville conveniences, Highway 70, schools, county services and employment centers. Large residential development parcels with zoning already in place, this much prior planning history and utilities shown nearby are extremely hard to replace. Purchase this approximately 40-acre offering individually, or acquire the adjoining approximately 40-acre property separately and control the full historical 270-home-site project area. At this price point, the cost basis per potential home site is extremely compelling for a builder, developer or land investor looking ahead to Northern California's continued housing demand. Buyer to verify zoning, lot yield, utility availability, fees, reports, approvals and current development requirements.
See more
Features
General
Sewer
None
Utilities
Sewer Available
Water Available
Development Status
Raw Land
Site Plan Filed
Improvement Plans Available
Tentative Map Filed
Lot Split Possible
Map Required
Zoning
MDR Medium density res
HOA Fee
0
Crops
None
Electric
Electric Available
View
Valley
Hills
Water
Mountains
Topography
Mostly Level
South Sloped
Upslope
Level
Property Subtype
Residential Acreage
Current Use
Vacant
Other
Elevation
0
County
Butte
Property Type
Land
HOA
N
Distance To Electric
Electricity At Lot Line
Distance To Sewer
Sewer At Site
Distance To Water
Public At Site
Possible Use
Single Family
See Remarks
Close Price
0.0
Status
Active
Directions
Hwy 70 to Nelson Ave
West on Nelson ave to property
City
Oroville
High School District
Oroville Union
Zoning Description
2nd Unit Possible
Planned Unit Development
Horses Allowed
Single-Family
Split Possible
Livestock
Mixed
MLS Area
12567
Lot Size Square Feet
1742400.0
Standard Status
Active
Middle/Junior School District
Thermalito Union
Elementary School District
Thermalito Union
See more
Exterior
Vegetation
None
Lot Features
Other
Water Source
Public
Total Parking
0.0
Lot Size Acres
40.0
Road Surface Type
Paved
Lot Size Source
Assessor Agent-Fill
Road Frontage Type
County Road
Number of Lots
0
Horse Y/N
Y
Horse Amenities
Other
See more
* Excluded Features
List By
Exp Realty Of Northern California, Inc.
Broker
gary95624@gmail.com
Email
Affordability Calculator
- Monthly Principal & Interest
- $7,261
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.49% 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.
Learn more about how to save
Nearby
Lots and land listings in Oroville, CA
Average List Price
$174,838
Percent of Sale Price
85%
About Oroville, CA
19,458
Population
11%
Since 2002
$
35,256
Median Income
34.02
Median Age
29%
Households with Children
Trends Information provided by ATTOM Data Solutions.
3322627
Elementary School
3322628
Middle School
Unknown High School
High School
Pricing History
| Date |
Price |
Price Change |
Description |
|
8/21/2026
|
$1,150,000
|
|
Listed Price
|