255 Lost Rd, Redding, CA 96003

$639,000
List Price
$639,000
Status
ACTIVE
Days on Market
85
MLS#
22-5374
County
Shasta
Subdivision
N/A

Property Description

Canyon Villa's 48 acres with development potential for approx. 30 or more lots prelim planned in 2007 located in a rare state designated Opportunity Zones in Redding. Established in the Tax Cuts and Jobs Act of 2017, Opp. Zones provide tax incentives for investment in designated census tracts. California Opportunity Zones will support new investments. Property located off Lake Blvd. & with-in 1 mile of Hwy 5 & Bethel Church and Trail access to Sundial Bridge, Turtle Bay Museum, Gardens, and Sheridan Hotel, City parks. All Redding City Utilities along property with paved City Road access from most sides of property and sewer line runs down the center of the property per city mapping. Buyer and their broker to confirm tax credits, city requirements from qualified entities.

Additional Information

Days on market
85
Acres
48
Lot description
City, Deadend, View
Sewer
Available, Lotline
Water
Available
Elementary school
Red 02 U/A - 1-2 Dwelling Units Per Acre

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Genesis Real Estate.