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$24,000,000
131 Days Online

12600 Hwy 36
Chester, CA 96137

For Sale|Land|Active
County:
Plumas

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(619) 353-5888
12600  Hwy 3612600  Hwy 3612600  Hwy 3612600  Hwy 36
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Incredible value as a fully approved development project, and an opportunity to purchase ~1,581 Acres in Northern California at Lake Almanor. This property is one of the largest lakefront properties in California with approximately 1 1/2 miles of beautiful forested shoreline. Comprised of 18 separate APN parcels, two of which are commercially zoned and located on the Northeast of the property and the remaining 16 parcels residentially zoned. Bailey Creek Riparian Habitat, majestic nearby Mount Lassen, 1.5 miles of the forested lakefront shoreline may create an ideal tax shelter and Conservation Easement opportunity for the right investor/buyer. Nearby Mount Lassen is in the southernmost reaches of the Cascade Mountain Range. Trophy fishing in Lake Almanor for beautiful Rainbow Trout is well documented on popular YouTube videos of fishing at Lake Almanor. In addition to Rainbow Trout that is reported to run well into the 10 LB range, the lake is also known for German Brown Trout, King Salmon, and Smallmouth Bass fishing. With a tremendous lake area roughly 13 miles long by 6 miles wide, Summer watersports, including, swimming, sailing, kayaking, water skiing, paddle, and wakeboarding are enjoyed by Lake Almanor residents and many thousands of visitors each year. Lake depth averages about 30 feet to a maximum depth of approximately 90 feet. PG& E owns and operates Lake Almanor. Lake access is available in the many public and private lake marinas and additional access would need to be negotiated with PG&E by the new owner. The current Development Plan has been active since 201 Incredible value as a fully approved development project, and an opportunity to purchase ~1,581 Acres in Northern California at Lake Almanor. This property is one of the largest lakefront properties in California with approximately 1 1/2 miles of beautiful forested shoreline. Comprised of 18 separate APN parcels, two of which are commercially zoned and located on the Northeast of the property and the remaining 16 parcels residentially zoned. Bailey Creek Riparian Habitat, majestic nearby Mount Lassen, 1.5 miles of the forested lakefront shoreline may create an ideal tax shelter and Conservation Easement opportunity for the right investor/buyer. Nearby Mount Lassen is in the southernmost reaches of the Cascade Mountain Range. Trophy fishing in Lake Almanor for beautiful Rainbow Trout is well documented on popular YouTube videos of fishing at Lake Almanor. In addition to Rainbow Trout that is reported to run well into the 10 LB range, the lake is also known for German Brown Trout, King Salmon, and Smallmouth Bass fishing. With a tremendous lake area roughly 13 miles long by 6 miles wide, Summer watersports, including, swimming, sailing, kayaking, water skiing, paddle, and wakeboarding are enjoyed by Lake Almanor residents and many thousands of visitors each year. Lake depth averages about 30 feet to a maximum depth of approximately 90 feet. PG& E owns and operates Lake Almanor. Lake access is available in the many public and private lake marinas and additional access would need to be negotiated with PG&E by the new owner. The current Development Plan has been active since 2012 and expires in 2027 unless further extended. This is a fully approved development project, approved for up to 1,674 residential units, of which 329 surround a proposed golf course. The owner can also build a hotel with approximately 150 rooms & 100,000 square feet of commercial space. Potential alternative uses for the golf course include other various open space activities such as hiking, biking, and horseback riding. Please see photos and attached photo/media/reports/plans/contracts for more information on the "Approved Development Plan" & other ownership options including private or partnered "Legacy Options". Recreational uses/development of this beautiful forested alpine lake location may also be possible/incorporated, including popular high-end RV/Lake Cabin/Glamping Development Scenarios. Truly an opportunity to further develop and Imagineer a canvas of stunning beauty.

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Listing Snapshot
Price
$24,000,000
Days Online
131 Days
Bedrooms
N/A
Inside Area (SqFt)
N/A
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
1,581 Acres
Year Built
N/A
MLS Number
PI21110208
Status
Active
Property Tax
N/A
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
Friends & Family
Recent Activity
a month agoListing updated with changes from the MLS
4 months agoStatus changed to ACTIVE
4 months agoPrice changed to $24,000,000
4 months agoListing first seen online
General Features
Utilities
Cable TVElectricPropaneTelephone
Additional Property Use
Ranch/Farm
Sewer
Perc Test Required
Terms
CashSeller May Carry
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Community Features
Miscellaneous
Value in Land
Neighborhood
Lake Almanor Peninsula
Listing courtesy of Berkshire Hathaway Home Services

This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS®. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Copyright © 2021 San Diego MLS®.

Data last update at 2021

Neighborhood & Commute
Source: Walkscore
Community information and market data Powered by ATTOM Data Solutions. Copyright ©2019 ATTOM Data Solutions. Information is deemed reliable but not guaranteed.
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