Opening page…
Opening page…
Opening home details…
Gated Lake Madrone Building Lot – Walk to the Lake Rare opportunity to own a gated building lot just a short walk from the water in the sought-after Lake Madrone community. This .32-acre parcel is ready for your lake house or mountain cabin, set beneath a beautiful canopy of mature shade trees that create a peaceful, forested setting. The property is gently sloped with a natural ravine and seasonal creek running along the rear of the lot, adding privacy and a tranquil mountain atmosphere. Surrounding terrain is mountainous and forested, giving the property the authentic feel of a Sierra Nevada retreat. The parcel was surveyed in the past. Lake Madrone is a private gated lake community known for its unique cabin-style homes and relaxed setting. Residents enjoy access to a community recreation beach area, and motorized boats are allowed on the lake. Utilities include PG&E and phone, with service from a private water district. A septic system will be required for development. Conveniently located with an easy downhill commute to Lake Oroville, including the Loafer Creek boat launch just across from Bidwell Marina. Properties in the Lake Madrone community rarely come up for sale—especially parcels located this close to the lake, making this an exceptional opportunity to build in one of the region’s most desirable mountain lake communities.
Listing agent: John Russo DRE #01453334 jrussosells@yahoo.com, Listing office: Go West Realty
MLS data updated 11/1/2026, 8:22:25 AM PT
Source: CRMLS, MLS #: OR26052827
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Jun 2, 2026
Prices use the left axis; mortgage rates use the right. Hover, tap, or focus the chart and use the arrow keys. Red SOLD badges mark recorded sales.
This home · nearest recorded event
$7,500Closed sale · Jun 2, 2026ZIP 95916 · Jun 2026
No monthly averageAt least 3 eligible sales in this month are required.30-year fixed mortgage benchmark
No weekly rateNo published rate within 7 days of this date.ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
Lines connect recorded asking and sale prices. They are visual guides, not estimates of the home’s value between those dates.
No earlier records were returned by our current sources. This does not mean the home has never sold.
MLS records may be incomplete. Earlier asking prices are not sale prices.