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    Encina Grande Rd Berry Creek, CA 95916

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    For Sale
    $400,000

    120-acre land with possible gold reserves near Lake Oroville.

    Property size:
    1,742,400 SF
    Lot size:
    120.00 Acres

    Property Features for Encina Grande Rd

    General Information

    Size
    1,742,400 SF
    Lot size
    120.00 Acres

    Source: Keller Williams Agent Chip Julin

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Land with Gold Mining Potential

    Located at the highest point overlooking Lake Oroville and the Sacramento Valley, this parcel is part of Gold Mountain Estates, situated in the historic Oroville gold mine area. The property consists of one 20-acre parcel offered for sale, part of a larger 120-acre surveyed, contiguous area. Documentation suggests potential reserves of one million ounces of gold within the hard rock of the project and surrounding areas. Access is provided by State Highway 162, connecting with Encina Grande, which extends to the top of Bloomer Mountain. On-site roads are under construction throughout the Estates, with corresponding recorded easements. Las Plumas National Forest borders Gold Mountain Estates to the east, and the seller retains 160 acres to the west. The buyer can construct one home and one additional structure on this parcel. Homes will be serviced by wells, solar power or Pacific Gas & Electric, and septic systems. The seller has owned the land since 1972 and is willing to offer owner financing for up to 50% of the purchase price, based on the buyer's creditworthiness. The property is intended for residential use.
    Location Intelligence

    Current Use by Public Records

    Mining Land & Claims

    Map

    City
    Berry Creek
    County
    Butte
    State
    California
    Longitude
    -121.453927
    Latitude
    39.632795

    Nearby Similar for Sale

    • $379,900

      Berry Creek Specialty Property

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      15 Toyon Trl, Berry Creek, CA 95916
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    • $370,000

      Berry Creek Specialty Property

      Specialty property available for sale in Berry Creek, California.
      11 Forest Inn Dr, Berry Creek, CA 95916
      View Details

    FAQs

    What type of property is this?
    Land - 120-acre land with possible gold reserves near Lake Oroville.
    Where is this land located?
    The property is located at Encina Grande Rd Berry Creek, CA.
    What is the asking price?
    The asking price for this property is $400,000.
    What are key features of this property?
    This property features: - Majestic vantage point overlooking Lake Oroville and the Sacramento Valley.; - Potential gold reserves of one million ounces.; - 20-acre parcel within Gold Mountain Estates.
    (714) 261-1186
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    Berry Creek, CA 95916
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Encina Grande Rd Berry Creek, CA 95916
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