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$204,000   Price Analysis
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Nimshew Rd
Magalia, CA 95954
Unknown bed 0 bath unknown SqFt ($0/SqFt)
20.0 acre lot.
Listed 2024-05-21, Taxes $486
Ⓧ USDA Ineligible
due to property

near Magalia

LOOK at this!

Economy got you down? 401k Down? Food UP? Afraid of losing your assets? Once in a generational lifetime opportunity here. Actual Patented Gold mine consisting of 20 surface acres and 250 acres (+/- 10) of patented mineral rights. Mineral Slide Mining Company used to own in the 1800's next door to the infamous Lucky John Gold Mine. Both mines shut down due to the War Production Board Ban, not because they ran out of GOLD. Estimates from the 80's state 2.4b in today's values left untouched under the town of Paradise. Obvious permitting needed after the initial 1000 yards. Buyers to look into all aspects themselves of production mining. Sellers want a small royalty from the lucky parties that get this mine into production. That's the mine part. How about also, a gorgeous parcel of land that can be even further beautified by clearing brush and dead trees from over growth. Lots of sun, attractive views. Has deeded and prescription access rights. Private parcel makes you feel away from it all, but a short drive back into town. Truly an entrepreneurial endeavor awaits here. Not a big time production miner? That's okay, its purported that a couple gents could do well if they prospected to find the remaining pay streaks that old inefficient mining technques left behind. Use today's technology to overcome 75% of prior mining obstacles in finding gold. Or do the ol' pick and shovel method. Those ol' timer's didn't do too bad either. Funny thing is, the One's not finding GOLD are the One's not looking for it. Four miles down a bumpy road, 4WD recommended, Come see this property before anyone buys it. Has multiple tunnel entrances to facilitate a plan for access to pay, ventilation and any other infill or back fill requirements that may be necessary. Mine has attracted visitors even from the Discovery Channel. Small production plant/pump/ and sluices can be negotiated outside of property purchase if one wants equipment too. For those not interested in Gold, the 20 acre parcel is located in the Little Butte Creek Canyon, private, exceptional building pads for someone that exercises the access rights from Paradise, lots of sun and land for solar projects, room for wind power generation too. Natural spring water coming from different areas on parcel. A perfect off grid parcel to develop into your perfect homestead. Buyers to investigate all. Call your favorite agent to show you soon. MINE IS OPEN NOT FLOODED!

Seller financing with half down!


Presented by Joseph Lynn Gourley II at
Joe Gourley, Broker.
Listing Agent Photo

Property MLS #PA24102879 from CRMLS

Lot Description: Agricultural, Sloped Down, Lot Over 40000 Sqft, Rectangular Lot, Secluded, Value In Land
Lot Size Acres: 20.0
Lot Size Source: Assessor
Lot Size Square Feet: 871200

View: Canyon, Mountain(s), Panoramic, Rocks, Trees/Woods

Calculated Total Monthly Association Fees: 0

Community Features: Biking, BLM/National Forest, Fishing, Foothills, Hiking, Lake, Horse Trails, Hunting, Watersports, Mountainous, Preserve/Public Land, Ravine, Rural

Source Listing Status: Active
County: Butte
Directions: Hwy 70 to 191 to Paradise to R on Skyway to Lon Nimshew Rd take to end to white gate on L
Source Property Type: Land
Parcel Number: 051030036000
Zoning: FR40
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2023$unknown + $44,006
$44,006
$486
2022$unknown + $43,144
$43,144
$476
2021$unknown + $42,299
$42,299
$466
2020$unknown + $41,866
$41,866
$443
2019$unknown + $41,046
$41,046
$435
2018$unknown + $40,242
$40,242
$426
2017$unknown + $29,573
$29,573
$316
2016$unknown + $28,994
$28,994
$303
2015$unknown + $28,559
$28,559
$298
2014$unknown + $28,000
$28,000
$293
2013$unknown + $7,064
$7,064
$77
2012$unknown + $6,926
$6,926
$75
2010$unknown + $6,791
$6,791
$73
2009$unknown + $6,758
$6,758
$73
2009$unknown + $6,741
$6,741
$73
2008$unknown + $6,626
$6,626
$75
2007$unknown + $6,497
$6,497
$74

Listed 2024-05-21
$204,000
CRMLS
Sold 2023-06-22
$200,000
CRMLS
Listed 2023-01-16
$204,000
CRMLS
Listing removed 2022-06-28
$0
CRMLS
Listed 2021-06-27
$400,000
CRMLS
Sold 2013-11-27
$28,000
Public Record
Listing removed 2011-04-02
$105,000
SutterYuba
Listed 2006-03-11
$105,000
SutterYuba
Sold 1989-03-21
$106,000
Public Record

Paradise Senior High School is a public high school located approximately 1.5 miles away.
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Paradise Intermediate School is a public middle school located approximately 2.2 miles away.
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Ponderosa Elementary School is a public elementary school located approximately 2.4 miles away.
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Youth For Change Ed Services is a private elementary, middle and high school located approximately 1.2 miles away.
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.