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1625-1975 NELSON Avenue Oroville, CA $ 2,488,800
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1625-1975 NELSON Avenue
$ 2,488,800
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Foreclosure
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1625-1975 NELSON Avenue

Oroville, CA, 95965
$ 2,488,800
Baths0.0

Monthly Estimate*

$ 15,324

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Studio

Lots and Land for sale in Oroville, CA

for $2,488,800. The lot size is 80.

Prime Medium to High Density Residential Subdivision Opportunity This exceptional piece of land, currently zoned Medium/High Density Residential (MHDR) per the General Plan, offers a lucrative subdivision opportunity. The property is a fairly flat expanse with no trees to clear, simplifying the development process. It went into foreclosure during the 2007 market crash, and the lender has now decided it's the perfect time to sell. There is an urgent need for housing in this area, making this a timely and profitable investment. The past owner had a map nearly completely approved for approximately 270 beautiful home sites on 80 acres. Current zoning allows for up to 14 dwelling units per acre, enabling the development of a substantial number of homes. The county has expressed strong interest in the redevelopment of a subdivision at this location with a new buyer. Seller financing could be considered, providing flexible options for many buyers. The time is ripe to address the pressing housing needs in this community. Seize this prime development opportunity now!

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Lots and Land Active

Price

$ 2,488,800

Bedrooms

Studio

Property Type

Lots and Land

Taxes

$ 0

Style

Residential Acreage

Lot Size

80

Town/City

Oroville

County/Region

Butte

MLS | Web ID

224072581
Features
General
Sewer Other
Utilities None
Development Status Subdivision Possible Surveyed Improvement Plans Available Lot Split Possible Map Required
Zoning MHDR Med-high Dens Res
HOA Fee 0
Crops None
Topography Downslope Snow Line Below Level Other
Property Subtype Residential Acreage
Current Use Vacant
Elevation 0
County Butte
Property Type Land
HOA N
Distance To Electric Electricity At Lot Line
Distance To Sewer Sewer Within 500 Ft
Distance To Water Public Within 500 Ft
Possible Use Residential Subdivision See Remarks
Close Price 0.0
Status Active
Directions Take CA-70 N/State Hwy 70 N to Nelson Ave
City Oroville
High School District Oroville Union
Zoning Description 2nd Unit Possible Planned Unit Development Commercial Residential Horses Allowed Single-Family Split Possible Mixed Modular Homes/Trailers Multi-Residential
MLS Area 12568
Lot Size Square Feet 3484800.0
Standard Status Active
Middle/Junior School District Thermalito Union
Elementary School District Thermalito Union
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Exterior
Vegetation None
Lot Features Pond Seasonal Other
Water Source Meter Required
Total Parking 0.0
Lot Size Acres 80.0
Road Surface Type Paved
Lot Size Source Owner
Road Frontage Type County Road
Number of Lots 0
Road Responsibility Public Maintained Road
Horse Y/N N
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Internal Only
Street Number 1 1625
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* Excluded Features
List By
Portfolio Real Estate

Broker

gary95624@gmail.com

Email

Affordability Calculator

$15,324
Per Month
100%
0%
0%
Monthly Principal & Interest
$15,324
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
3322627 Elementary School
3322628 Middle School
Unknown High School High School
See complete school information
Pricing History
Date Price Price Change Description
5/23/2025 $2,488,800 -10.80% Price Down
7/2/2024 $2,790,000 Listed Price

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1625-1975 NELSON Avenue, Oroville, CA, 95965 is a Lots and Land for sale at $2,488,800 with a lot size of 80. 1625-1975 NELSON Avenue is a studio with 0.0 baths. The property's zip code is 95965 which is in Oroville, CA

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