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SIGNIFICANT PRICE REDUCTION FROM $6,500,000 to $1,900,000. The subject property consists of approximately 323 acres of land located approximately 1/5 mile south of the Town of Paradise and is within the Paradise Sphere of Influence in Butte County. The nearest cross streets are Pentz Road at Lago Vista Way and Lindenbaum. The development portion of the site is east of Pentz Road and west of the Feather River as it feeds into Lake Oroville. Additionally, the property is approximately 17 miles east of Chico and 80 miles north of Sacramento. The property has an expired phased tentative subdivision map (Paradise Summit Subdivision; TSM08-0006) with 312 single-family residential lots of varying sizes from 8,738 to 32,099 square feet and has been divided into 7 phases. The proposed development follows a cluster style, with approximately 137 acres of developable land with the remaining 195 acres designated as open space to help protect sensitive resources and as an amenity to the subdivision. Please reach out to Mike Pizzagoni with any questions or interest in this opportunity.
Listing agent: ERIC WASHLE DRE #02076218 ericw@cbcsocalgroup.com, Listing office: COLDWELL BANKER COMMERCIAL SC
MLS data updated 10/26/2026, 1:32:06 PM PT
Source: CRMLS, MLS #: IV24005632
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Compare recorded home prices, same-type ZIP sales and mortgage rates.
Mar 23, 2026
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This home · nearest recorded event
$1,900,000Asking price recorded · Mar 23, 2026ZIP 95969 · Mar 2026
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No weekly rateNo published rate within 7 days of this date.No recorded sales in this range. Select All available for older records; missing records do not mean the home never sold.
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