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...
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 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/plan/contracts for more information on the "Approved Development Plan" & other ownership options including private or partnered "Legacy Options".
The information set forth on this site is based upon information which we consider reliable, but because it has been supplied by third parties to our franchisees (who in turn supplied it to us) , we cannot represent that it is accurate or complete, and it should not be relied upon as such. The offerings are subject to errors, omissions, changes, including price, or withdrawal without notice. All dimensions are approximate and have not been verified by the selling party and cannot be verified by Sierra Sotheby's International Realty. It is recommended that you hire a professional in the business of determining dimensions, such as an appraiser, architect or civil engineer, to determine such information.
Sotheby's International Realty® and the Sotheby’s International Realty Logo are service marks licensed to Sotheby’s International Realty Affiliates LLC and used with permission. Sierra Sotheby's International Realty fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Each franchise is independently owned and operated. Any services or products provided by independently owned and operated franchisees are not provided by, affiliated with or related to Sotheby’s International Realty Affiliates LLC nor any of its affiliated companies.