Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Mountaintop Land Above Lake Oroville Title is generated by Realmo AI

    Wicks Way, Oroville, CA

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    40 acres of wooded mountaintop land with potential lake views.

    Type:LAND
    Lot size:
    40.00 Acres
    Added:
    Jun 11, 2025
    Days on Market:
    333
    Last Refresh:
    Apr 5 at 10:54 pm

    Property Features for Wicks Way

    General Information

    Standard status
    Active
    Lot size
    40.00 Acres
    Property subtype
    LAND

    We can help!

    Listing Contact
    Mario Gattavara
    Mario Gattavara

    Listing agent Mario Gattavara License #276495

    Listing office Coldwell Banker Lifestyle Properties

    Listing date Jun 11, 2025

    Source Moodyscre

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

    All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Lifestyle Properties

    HighLights

    • 40 acres of privately wooded mountaintop land above Lake Oroville.
    • High elevation (1,600 to 1,800 +/- feet) with potential lake views.
    • Private access road for enhanced privacy.
    • Ideal for off‑grid living and recreational activities.
    • Located near the Stringtown Road recreational area.
    • Zoning allows for various uses (FR‑20).

    Overview

    This is a 40-acre, privately wooded mountaintop property situated just above Lake Oroville. A private access road leads to the base of the land. An old road, cleared decades ago, requires clearing and improvements to access the property's high point. The property is located between 1,600 to 1,800 feet in elevation. Despite dense foliage and trees, potential tree and pad clearings could offer expansive lake views. The property is a unique parcel with soaring tall trees, hawks flying overhead, and fresh air. No power was observed on the land, but nearby homes have power, suggesting options for running power or utilizing generator/solar systems. This off-grid property is suitable for activities such as ATV riding, dirt biking, hunting, or setting up a personal shooting range. The Stringtown Road recreational area is located nearby. The General Plan Zoning is FR-20. The distance to this parcel from the paved road below is approximately 6/10ths of a mile on gravel/dirt.
    Location Intelligence

    Current Use by Public Records

    Hunting land

    Map

    City
    Oroville
    County
    Plumas
    State
    California
    Longitude
    -121.377
    Latitude
    39.5213

    Nearby Similar for Sale

    • $650,000
      4,171 SF

      Fully Occupied Investment Property

      Six-unit property near Downtown Oroville with diverse unit styles.
      1640 7th Avenue, Oroville, CA 95965
      View Details
    • $180,000

      Prime Commercial Land Opportunity

      1.25 acres near Walmart, ideal for commercial development.
      0 Feather River, Oroville, CA 95965
      View Details
    • $300,000
      2,800 SF

      Versatile Income Property in Oroville

      Residential income property with two units and additional lot.
      3142 Burlington, Oroville, CA 95966
      View Details
    • $350,000

      Expansive Oroville Acreage for Sale

      160-acre parcel in Oroville/Forbestown area with development potential.
      0 W Sandra Lane, Oroville, CA 95966
      View Details
    • $396,000
      1,800 SF

      Oroville Commercial Condominium Units

      Two commercial condominium units totaling 1800 sq. ft.
      2006 5th Avenue, Oroville, CA 95965
      View Details
    • $54,439

      Sierra Foothills Land with Views

      7 acres in Oroville, CA, with views and usable terrain.
      17861 Ponderosa, Oroville, CA 95966
      View Details
    • $325,000
      5,000 SF

      Versatile Commercial Building, Oroville

      Spacious, functional building with endless potential for various commercial ventures.
      1901 Elgin, Oroville, CA 95966
      View Details
    • $249,950

      Oroville Land Former Mobile Park

      21+ acres with infrastructure, potential for redevelopment or other uses.
      4320 Big Bend Road, Oroville, CA 95965
      View Details
    • $440,000
      2,000 SF

      Oroville Commercial Condominium Investment

      Two-unit commercial condominium leased to established Salon & Spa.
      2002 5th Avenue, Oroville, CA 95965
      View Details
    • $125,000

      Land with Mountain and Lake Views

      5 acre lot near Oroville with stunning views.
      0 V7 Road, Oroville, CA 95966
      View Details
    • $30,000

      Vacant Lot Near Feather River

      Vacant lot in Long Bar area, near Feather River.
      0 Reicker, Oroville, CA 95966
      View Details
    • $449,000

      Oroville Land Development Opportunity

      13.3-acre parcel for single-family estate development in Oroville, CA.
      0 Highlands Boulevard, Oroville, CA 95966
      View Details

    FAQs

    What type of property is this?
    Land - 40 acres of wooded mountaintop land with potential lake views.
    Where is this land located?
    The property is located at Wicks Way Oroville, CA.
    What are key features of this property?
    This property features: 40 acres of privately wooded mountaintop land above Lake Oroville.; High elevation (1,600 to 1,800 +/- feet) with potential lake views.; Private access road for enhanced privacy.
    (270) 598-1648 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Mario Gattavara
    Mario Gattavara
    Real Estate License ID: 276495
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    Wicks Way, Oroville, CA
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!