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$ 204,000
Est. payment /mo
Active
0 Nimshew RD Magalia, CA 95954
20 Acres Lot
UPDATED:
05/25/2024 05:05 PM
Key Details
Property Type Vacant Land
Sub Type Other Residential Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRPA24102879
Originating Board California Regional MLS
Lot Size 20.000 Acres
Property Description
LOOK at this! Economy got you down? 401k Down? Food UP? Afraid of losing your assets? Once in a generational lifetime opportunity here! Actual Patented Gold mine consisting of 20 surface acres and 250 acres (+/- 10) of patented mineral rights. Mineral Slide Mining Company used to own in the 1800's next door to the infamous Lucky John Gold Mine. Both mines shut down due to the War Production Board Ban, not because they ran out of GOLD. Estimates from the 80's state 2.4b in today's values left untouched under the town of Paradise. Obvious permitting needed after the initial 1000 yards. Buyers to look into all aspects themselves of production mining. Sellers want a small royalty from the lucky parties that get this mine into production. That's just the mine part. How about also, a gorgeous parcel of land that can be even further beautified by clearing brush and dead trees from over growth. Lots of sun, beautiful views. Has deeded and prescription access rights. Private parcel makes you feel away from it all, but only a short drive back into town. Truly an entrepreneurial endeavor awaits here. Not a big time production miner? That's okay, its purported that a couple gents could do well if they prospected to find the remaining pay streaks that old inefficient mining techniques left be
Location
State CA
County Butte
Zoning AGR,DNS,LZ,LSR,NL,SEC,LV
Exterior
View Hills, Panoramic, Canyon, 34, Forest / Woods
Building
Lot Description Hunting, Grade - Sloped Down , Agricultural Use, Private / Secluded
Water Other
Others
Tax ID 051030036000
Special Listing Condition Not Applicable
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Listed by Joseph Gourley • Joe Gourley, Broker