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 behind. Use today’s technology to overcome 75% of prior mining obstacles in finding gold. Or just do the ol’ pick and shovel method. Those ol’ timer’s didn’t do too bad either. Funny thing is, the One’s not finding GOLD are the One’s not looking for it. Four miles down a bumpy road, 4WD recommended, Come see this property before anyone buys it. Has multiple tunnel entrances to facilitate a plan for access to pay, ventilation, and any other infill or back fill requirements that may be necessary. Mine has attracted visitors even from the Discovery Channel. Small production plant/pump/ and sluices can be negotiated outside of property purchase if one wants equipment too. For those not interested in Gold, the 20 acre parcel is located in the Little Butte Creek Canyon, very private, great building pads for someone that exercises the access rights from Paradise, lots of sun and land for solar projects, room for wind power generation too. Natural spring water coming from different areas on parcel. A perfect off grid parcel to develop into your perfect homestead. Buyers to investigate all. Call your favorite agent to show you soon. MINE IS OPEN NOT FLOODED! Seller financing with half down!
Property Details
Price:
$204,000
MLS #:
PA24102879
Status:
Active
Baths:
0
Address:
0 Nimshew Road 051030036000
Type:
Land
City:
Magalia
Listed Date:
May 21, 2024
State:
CA
ZIP:
95954
Lot Size:
871,200 sqft / 20.00 acres (approx)
See this Listing
Mortgage Calculator
Schools
Interior
Exterior
Community Features
Biking, B L M/ National Forest, Fishing, Foothills, Hiking, Lake, Horse Trails, Hunting, Watersports, Mountainous, Preserve/ Public Land, Ravine, Rural
Lot Features
Agricultural, Sloped Down, Lot Over 40000 Sqft, Rectangular Lot, No Landscaping, Secluded, Value In Land
View
Canyon, Mountain(s), Panoramic, Rocks, Trees/ Woods
Water Source
See Remarks
Financial
Association Fee
0.00
Utilities
None
Map
Community
- Address0 Nimshew Road 051030036000 Magalia CA
- CityMagalia
- CountyButte
- Zip Code95954
Similar Listings Nearby
- 1905 Paige Lane 053240015000
Paradise, CA$239,000
2.80 miles away
- 12738 Centerville Road 017100023000
Chico, CA$235,000
3.07 miles away
- 0 Wayland Road 055100034000
Paradise, CA$224,100
3.90 miles away
- 0 Zinfandel Drive 017090100000
Chico, CA$220,000
3.77 miles away
- 12354 Centerville Road 017110015000
Chico, CA$200,000
3.85 miles away
- 5217 Harris Hills Road 017060026000
Chico, CA$200,000
1.63 miles away
- 50 Tuscan Drive 055540020000
Paradise, CA$199,000
3.61 miles away
- 2470 Honey Run Road 017090117000
Chico, CA$197,500
3.91 miles away
- 317 Valley View Drive 051190002000
Paradise, CA$185,000
1.67 miles away
Courtesy of Joe Gourley, Broker. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. California Regional Multiple Listing Service. All rights reserved.
0 Nimshew Road 051030036000
Magalia, CA
LIGHTBOX-IMAGES