Courtesy of Chase International Real Estate
LAKE ALMANOR, CA USA – One of the most significant remaining lakefront developments in Northern California is now for sale for $24 million. Located on 1.25 miles of pristine shoreline is Almanor Lakeside Ranch, a proposed mix-used project located on approximately 1,397 acres on the Lake Almanor Peninsula.
“The Ranch is an opportunity for an investor to pick and choose from multiple land use options allowing flexibility to develop a wide array of mixed-use choices,” said Tiffany Ahrens, Listing Agent with Chase International.
The project is approved for 1,674 residential units, 100K square feet of commercial space, a 150-room hotel, and an 18-hole golf course. The northern property abuts State Highway 36, and the southern property abuts the developed Lake Almanor Country Club.
“The land uses possibilities are not limited to those listed above,” said Ahrens. “For example, the property would be well suited for establishing a conservatorship for tax credits, building a family compound or creating a corporate retreat.”
According to Ahrens, 46% of the total land area is proposed for residential uses, 48% for recreation and open space, and 6% of the site is proposed for commercial, public utility, and collector streets.
Forested cliffs rising above Lake Almanor offer panoramic views of the lake and Mount Lassen. Traveling inland, the property offers a wide variety of terrains and vistas, as well as creek access.
A timber harvest contract has also been entered, offering a solid supplement for future cash flow.
There is currently a strong demand for premium lake view homes, boat and recreational vehicle storage, hotel lodging, workforce housing and recreational facilities.
The potential design concept is to create a diversity of residential neighborhoods in terms of design, density, and affordability, supplement the economic base for visitor-serving uses, protect the site’s unique environmental resources and provide complimentary commercial and recreational services.
The project also proposes advanced water and wastewater treatment and recycling systems, and land has been set aside for such public facilities.
A golf course could be constructed in the southern area, irrigated with recycled water and meeting Title 22 standards as such water becomes available.
Lake Almanor is a legendary Northern California location with endless year-round recreational uses, including water skiing, swimming, biking and hiking. In many respects, the area resembles Lake Tahoe fifty years ago.
The drive from Sacramento takes about 3 hours, the San Francisco Bay Area is about 4.5 hours, and Reno is a scenic 2-hour drive. Lake Almanor is also a short flight from the San Francisco Bay Area. The Rogers Field Airport in Chester, CA, is an eight-mile drive away. Its 5,000-foot runway accommodates most private jet aircraft.
For more information, visit AlmanorLakesideRanch.com.
About Chase International
Founded in 1986, Chase International is a dynamic real estate company joining the hearts of buyers and sellers worldwide. Committed to the success of its clients, sales associates, staff and community, Chase cares and loves making a difference in people’s lives. With more than 375 professional Realtors® representing homes at all price points, the company is proud to be the market leader, achieving the highest 2020 volume in the region of $2.5 billion in sales. The company currently operates ten locations in Zephyr Cove, Glenbrook, Incline Village, Carson Valley, South Lake Tahoe, Tahoe City, Truckee, Reno, Sparks, and Henderson, as well as a European marketing and PR firm in London. With powerful national and international connections in place, Chase exclusive listings receive maximum exposure to potential purchasers worldwide. For more information about Chase International, visit ChaseInternational.com.