450 Country Oak Dr Redding, CA 96003

This 1.05-acre property in Redding, CA, presents a unique land opportunity with development potential. The land has a complex history, originally part of a recorded subdivision where several lots were condemned by the State of California for Interstate 5 development. After construction, the state sold the lots back to the public. The current owner holds four assessor parcel numbers, though three of the parcels appear to have been combined by the state into a single APN. Utilities, including water, sewer, phone, and storm drain, are available at the site. A previous owner initiated plans for a subdivision; however, the project became economically unviable due to the need for a costly expansion of 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 although utilities were extended to the subject property, the pavement was not. The most viable access solution would involve 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, even single-family homes. There is ample room on the site to accommodate this without compromising future building pads. Three potential access points exist: the most direct being the culvert at the end of Country Oaks Road, with two additional options involving access agreements with adjacent property owners. This property offers a compelling opportunity for someone looking to engage in a small-scale land development project without a major upfront investment. Alternatively, a lot line adjustment with neighboring owners could open the door for resale in smaller, more manageable pieces.