Save
Ask
Tour
Hide
Share
$2,950,000
161 Days Online

Cottonwood Road
Unincorporated, CA 95965

For Sale|Land|Active
County:
Butte
Call Now: (619) 353-5888
Is this the home for you? We can help make it yours.
(619) 353-5888
 Cottonwood Road Cottonwood Road Cottonwood Road Cottonwood Road
Save
Ask
Tour
Hide
Share

This gorgeous 100 acre parcel consists of 80+/- acres of Super High Density Planting (HDP) Olive vineyard centrally located on Cottonwood Road between Hwy 99 & Hwy 70 in the middle of Butte County. The planting is on 13-foot by 5-foot spacing resulting in 670 trees per acre with the support of a trellis system. Owners strategically planned and developed this unique showpiece to make it one of a kind. WATER: Tremendous water with a 50HP Pump producing 2,500 gallons/minute provides irrigation through emitters on drip-line. Laser leveled and terraced for draining. PROFITABLE: Has a great Supplier Contract. BONUS: Being within 1 mile of the large PG&E substation creates another big benefit. Currently there are two Solar Option Contracts with National Energy providers. One is to use 4-acres of the property and convert it into Large Scale Battery Storage, due to its close proximity to the PG&E Substation. Once exercised, it will pay $15,000/acre per year ($60,000/year) with a 1.5% annual escalator for a minimum of 15 years with options to extend the lease (3) additional times for successive periods of 5 years each. Second company will pay $3,750/acre per year ($187,500/year) with a 2% annual escalator for a minimum of 22 years with options to extend up to 34 years nine months. Also note, we are currently being courted by a 3rd solar company for the remaining 46 acres with the price/terms yet to be committed. These energy contracts would GREATLY increase the net income!!! CAP rate would be 11.77 with two contracts and farming 35+/- acres of olives remaining or 14.23 CAP rate if (3) option contracts are exercised. QUALITY: This vineyard was developed from the ground up to be a high quality & high yielding producer. Winning Gold Medals in the Los Angeles International Olive Oil Competition and Mid-State Fair in Paso Robles. BUILDING SITE: The property was designed as a showplace with a 3-acre pond wrapping around a acre building pad. Build your dream home or your own tasting room with a fantastic view of the Sutter Buttes. Borders Dove Ridge (2,400 acre Conservation Bank to the North) which will never be developed as well as PG&E land to the East which will also ensure that you have no neighbors building on top of you. Owners are only selling for Estate Planning purposes. Rarely do you find Agricultural investment that makes a terrific income!!!

Save
Ask
Tour
Hide
Share
Listing Snapshot
Price 
$2,950,000
Days Online 
161 Days
Bedrooms 
N/A
Inside Area (SqFt) 
N/A
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
100 Acres
Year Built 
N/A
MLS Number 
SN23175382
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
a month agoPrice changed to $2,950,000
5 months agoListing first seen online
General Features
Utilities 
Electric
Terms 
CashConventionalExchange
Save
Ask
Tour
Hide
Share
Listing courtesy of Hamman Real Estate 530-228-1940



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 © 2024 San Diego MLS®.

Data last update at 2024

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.
Save
Ask
Tour
Hide
Share

Real estate Search

Property listings throughout our website are updated every 10 minutes. Click on any listing for further details and property photos. Please contact us if we can assist you, we are here to help!

Explore everything the San Diego Real Estate market has to offer by browsing the various guides we have created to assist you in finding the right home in the neighborhood that is better suited to your lifestyle demands. Our community and neighborhood guides offer photos, videos, market reports and additional articles and resources to assist buyers and sellers of San Diego real estate.

Navigation Path: SV Premier > Real Estate Search

Reset password

Enter your email address and we will send you a link to change your password.