Incredible value as a fully approved development project, and an $24,000,000

Lake Acreage Off Market

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 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/plan/contracts for more information on the "Approved Development Plan" & other ownership options including private or partnered "Legacy Options".