$89,000

450 Country Oak Drive, Redding, CA 96003

  • Property Icon Land
  • Property Year Built Icon Built in ——
  • Property Lot Size Icon1.05acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 6 months ago

Property Description

Unique Land Opportunity with Development Potential This property, 1.05 acres, has a complex but intriguing history. Originally part of a recorded subdivision, several lots were condemned by the State of California for the development of Interstate 5. After construction, the state sold the lots back to the public. The current owner holds four assessor parcel numbers, though three of the parcels appear to have been combined by the state into a single APN for unknown reasons. Utilities—including water, sewer, phone, and storm drain—are available at the site. A previous owner initiated plans for a subdivision; however, due to the need for a costly expansion of the storm drain system (caused by increased runoff from proposed housing footprints), the project became economically unviable, reducing the land's value. Currently, it is believed that up to three homes could theoretically be built, though practically, two is a more realistic number. Country Oaks Road was constructed just far enough to provide access to existing homes, and although utilities were extended to the subject property, the pavement was not. The most viable access solution would involve securing an encroachment permit from the City of Redding to install a 3' x 5' precast concrete culvert across the drainage area. This could be a mutually beneficial improvement, as it would also provide winter maintenance access for City of Redding Electric—potentially streamlining the approval process. A stormwater retention basin will likely be required for any new development, even single-family homes. There is ample room on the site to accommodate this without compromising future building pads. Three potential access points exist: the most direct being the culvert at the end of Country Oaks Road, with two additional options involving access agreements with adjacent property owners. This property offers a compelling opportunity for someone looking to engage in a small-scale land development project without a major upfront investment. Alternatively, a lot line adjustment with neighboring owners could open the door for resale in smaller, more manageable pieces. Seller shared these views with/ listing agent from previous experiences., which should be independently verified by prospective buyers.

Listing Status:
Active
Date Added:
September 30, 2025 at 05:00AM
Listing Office:
Waterman Real Estate : 1 530-691-4444
Listing Agent:
Kelly Campbell : 530-227-0553
MLS ID:
25-1184
  • Road/Access: Unimproved
  • Originating MLS: Shasta Association of REALTORS®
  • County: Shasta
  • Zoning: 116-190-045116-190-047116-190-050
  • View: Park/GreenbeltTrees/Woods
  • Current Use: Other
  • Source: Shasta Association of REALTORS®

This listing courtesy of Kelly Campbell, Waterman Real Estate

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

G

Great Partnership Special Education Consortium

3450 Tamarack Dr, Redding, CA, 96003

Grades KG-8

2.02 miles away

G

Great Partnership Special Education Consortium

3450 Tamarack Dr, Redding, CA, 96003

Grades KG-8

2.02 miles away

G

Gateway Educational Options

3500 Tamarack Dr, Redding, CA, 96003

Grades KG-12

2.04 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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