450 Country Oak Dr Redding, CA 96003

This 1.05-acre property in Redding, CA, presents a unique land opportunity with development potential. Originally part of a recorded subdivision, several lots were acquired by the State of California for Interstate 5 development and later sold back to the public. The current owner possesses four assessor parcel numbers, with three parcels seemingly combined into a single APN. Utilities such as water, sewer, phone, and storm drain are available on-site. Previous plans for a subdivision were abandoned due to the high cost of expanding the storm drain system. It is believed that up to three homes could theoretically be built, though two is a more realistic number. Country Oaks Road provides access to existing homes, and utilities extend to the subject property. The most viable access solution involves securing an encroachment permit from the City of Redding to install a 3' x 5' precast concrete culvert across the drainage area. A stormwater retention basin will likely be required for any new development. Three potential access points exist, including the culvert at the end of Country Oaks Road and two additional options involving access agreements with adjacent property owners. This property offers an opportunity for a small-scale land development project. Alternatively, a lot line adjustment with neighboring owners could allow for resale in smaller pieces.