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1975 Nelson Avenue

Oroville, CA 95965

– beds
– baths
– sqft
~80 acre lot
– on site

Prime Medium to High Density Residential Subdivision Opportunity This exceptional piece of land, currently zoned Medium/High Density Residential (MHDR) per the General Plan, offers a lucrative subdivision opportunity. The property is a fairly flat expanse with no trees to clear, simplifying the development process. It went into foreclosure during the 2007 market crash, and the lender has now decided it's the perfect time to sell. There is an urgent need for housing in this area, making this a timely and profitable investment. The past owner had a map nearly completely approved for approximately 270 beautiful home sites on 80 acres. Current zoning allows for up to 14 dwelling units per acre, enabling the development of a substantial number of homes. The county has expressed strong interest in the redevelopment of a subdivision at this location with a new buyer. Seller financing could be considered, providing flexible options for many buyers. The time is ripe to address the pressing housing needs in this community. Seize this prime development opportunity now!

Listing courtesy of METROLIST / Portfolio Real Estate

Last checked: Checking… • Last updated May 23, 2025 •

MLS# 224072581 —

The Building

Construction Materials:

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Roof:

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Levels:

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Upper Level:

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Main Level:

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Lower Level:

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Basement:

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Exterior Features:

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Patio And Porch Features:

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Interior

Interior Features:

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Flooring:

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Fireplace Features:

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Laundry Features:

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Financial & Terms

Lease Type:

Net
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Pets Allowed:

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Location

Directions:

Take CA-70 N/State Hwy 70 N to Nelson Ave

The Property

Property Type:

Land
Property Subtype:

Residential Acreage
Property Condition:

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Parcel Number:

030-032-002
Current Use:

Vacant
Current Use:

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Possible Use:

Residential, Subdivision, See Remarks
Possible Use:

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Zoning:

MHDR Med-high Dens Res
Zoning Description:

2nd Unit Possible,Planned Unit Development,Commercial,Residential,Horses Allowed,Single-Family,Split Possible,Mixed,Modular Homes/Trailers,Multi-Residential
Lot Features:

Pond Seasonal, Other
Lot Features:

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Lot Size Acres:

80.0
Lot Size Square Feet:

3484800.0
Lot Size Units:

Acres
Lot Size Source:

Owner
Land Lease:

false
View:

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Topography:

Downslope,Snow Line Below,Level,Other,Downslope,Snow Line Below,Level,Other
Vegetation:

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Vegetation:

None
Irrigation Source:

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Fencing:

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Horse:

false
Horse Amenities:

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Crops:

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Crops:

None
Soil:

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Land Use:

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Irrigation Source:

Other
Frontage Type:

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Road Surface Type:

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Road Surface Type:

Paved
Road Frontage Type:

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Road Frontage Type:

County Road
Road Responsibility:

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Road Responsibility:

Public Maintained Road
Driveway Sidewalks:

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Listing Agent

Contact info:

The Listing

Home Warranty:

false

Heating & Cooling

Heating:

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Cooling:

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Utilities

Utilities:

None
Utilities:

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Sewer:

Other
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Water Source:

Meter Required
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Appliances

Appliances:

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Schools

Elementary School District:

Thermalito Union
Middle Or Junior School District:

Thermalito Union
High School District:

Oroville Union

The Community

Development Status:

Subdivision Possible, Surveyed, Improvement Plans Available, Lot Split Possible, Map Required
Community Features:

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Association:

false
Association Amenities:

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Spa:

false
Spa Features:

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Pool Private:

false
Pool Features:

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Senior Community:

false

Parking

Parking Type:

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Parking Access:

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Parking Features:

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Extra Units

Unit 1 Type:

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Unit 2 Type:

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Other Units:

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Explore the Area

My Commute

From

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Provided by WalkScore® Inc.

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Max Internet Speed

Xfinity

Provided by BroadbandNow®

Sale history

Date	Event	Source	Price	% Change
5/23/25 May 23, 2025	Price Changed	METROLIST	$2,488,800	-11.1%
1/9/25 Jan 9, 2025	Price Changed	METROLIST	$2,800,000	0.4%
7/2/24 Jul 2, 2024	Listed / Active	METROLIST	$2,790,000

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This plot of land located in Thermalito, CA 95965 is currently for sale for $2,488,800. 1975 Nelson Avenue is a – square foot plot of land with – beds and – baths that has been on Estately for 370 days. This plot of land is in the attendance area of Oroville High School, Nelson Avenue Middle School, and Poplar Avenue Elementary School.

Listing courtesy of Portfolio Real Estate

Terms of service, data current as of 10:04am on Jul 07.

Every person who intends to view or use such MLS information agrees to Terms of Use that include the following terms and conditions:

All measurements and all calculations of area are approximate. Information provided by Seller/Other sources, not verified by Broker. All interested persons should independently verify accuracy of information. Provided properties may or may not be listed by the office/agent presenting the information.”

Copyright 2025 MetroList Services, Inc. Information being provided by Metrolist Services, Inc. is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing

Kevin Boer is Estately's licensed broker in the state of California and Subscriber with Metrolist. Office #01842161; DRE License #01404898.

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