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    OFF-MARKET
    Commercial real estate

    3844 Grizzly Creek Rd, Oroville, CA 95965

    5.69 ac lot
    Property ID
    US09-3363688
    Property summary
    AI-generated overview

    This exceptional 5.69-acre commercial property in Butte County, California, boasts a spacious country home with breathtaking Lake Oroville views from nearly every room. The approximately 2,120 square foot main house features bamboo flooring in the living room, dining room, and kitchen, and includes a roll-in shower, making it handicap accessible. A finished (unpermitted) 900 square foot daylight basement offers additional living space, complete with a bathroom, kitchenette, living area, and bedroom, plus its own separate entrance and patio. Enjoy the expansive deck with a hot tub, perfect for relaxing while taking in the stunning lake vistas. The property also includes a mature orchard featuring 34 fruit trees (including citrus and pomegranate) and 34 grapevines, a fenced garden, and leased solar panels to help reduce energy costs. Located just 35 minutes from Chico, this property offers a peaceful, self-sufficient lifestyle, close to fishing, water sports, and the amenities of Chico, including California State University, Chico and Butte Community College. The home is situated on a small hill, providing unobstructed views of Lake Oroville. While the property could accommodate horses or small livestock, it is not currently set up for that purpose. The high wire fence protects the orchard and garden from local wildlife. This unique property presents a rare opportunity to own a substantial piece of land with a comfortable home and income-generating potential. The property is conveniently located near Highway 70, approximately an hour and a half from Sacramento.

    Property profile
    Verified
    Property type Commercial real estate
    Lot 5.69 ac (247,856 SF)
    UPID US09-3363688
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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