19525 Gutenhot Rd, Corning, CA 96021
This exceptional 10+ acre property in Corning, CA, presents a unique investment opportunity. Located at 19525 Gutenhot Rd, 96021, this flat land boasts stunning views of the surrounding mountains and orchards. The property includes three existing structures needing renovation: a two-bedroom, one-and-a-half-bathroom mobile home, a garage/storage building, and an original building. A spring-fed lake enhances the property's idyllic setting. Utilities are readily available, including well water, septic, and electricity. The A2 zoning allows for diverse agricultural uses, ideal for farming, livestock, or other agricultural pursuits. Conveniently situated off Highway 5, this location offers easy access to Black Butte Lake, Rolling Hills Casino, and is within a 50-minute drive of both Chico and Redding. This private retreat combines the tranquility of rural living with the convenience of nearby amenities, making it an attractive proposition for a variety of agricultural and recreational uses. The asking price is $199,500.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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