$195,000 Price Analysis 260 Main StPortola, CA 96129 Unknown bed 0 bath unknown SqFt ($0/SqFt) 1.65 acre lot. Listed 2024-02-13 | Ⓧ USDA Ineligible due to property near Portola |
Take a look at this whole city block of land, located in the mountain community of Portola; headwaters of the Feather River and home to the relaxed life of the mountain golf retirement community of Natomas and the lovely homes and ranches in Graeagle and Whitehawk and more. What could you do with a city block of land? . a perfect place for a new artsy business hub, furniture and home accessories stores, specialty deli or a place for new housing. What a location too! Right on the road through Portola to Natomas, this land consists of 12-24 lots of commercial and possibly residential mix development opportunity. Compare sales for individual home lots in town that have recently sold. Consider the benefits of economy of scale for a future development like this.
Multiple lots in town for $8, 125 (commercial or perhaps tiny homes) to $16, 250 per lot???? This sale is VACANT LAND ONLY and includes a full city block which could be developed as one project or divided up with 24 original lots. Utilities are at the property, town has survey in files. Located within Residential and Commercial area near the Rail Road museum, this parcel is level land ready for development and in a high visibility section of town. Noted benefits include nice mountain and river views, tourist and business center location within an area that includes open land, the rail road museum, a city municipal yard and many single family homes. Many allowable uses and mountain rcreation developments nearby. For those who prefer living the mountain lifestyle, Portola is within a commute distance to Reno, Tahoe, Quincy, local golfing communities and other recreation developments. This area of town has both commercial and residential use surrounding the property. Open vista views west to the Feather River. Town Zoning might be open to changes, thes e questions to be investigated by buyer for buyer's specific uses.
Presented by Sue Daniels at
Coldwell Banker Realty.
Property MLS #20240159 from TahoeSierra
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.