Keegan Cin | Realtor® | License # DRE 01971604

Property

Magalia, CA 95954 0 Nimshew Road

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Presented By: Joseph Gourley with Joe Gourley, Broker; 530.282.2899
  • MLS# PA24102879
  • 05/21/2024
  • Request Tour
  • Request Info

Home Details

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!
Presented By: Joseph Gourley with Joe Gourley, Broker; 530.282.2899

Interior Features for 0 Nimshew Road

Other Interior Features

Air Conditioning Y/NNo
Basement (Y/N)No
Fireplace Y/NNo
Heating Y/NNo

General for 0 Nimshew Road

Additional Parcels Y/NNo
Attached Garage No
Carport Y/NNo
CityMagalia
Community FeaturesBiking, Foothills, Fishing, Hiking, HorseTrails, Hunting, Lake, Mountainous, NearNationalForest, PreservePublicLand, Rural, Ravine, WaterSports
CountyButte
DirectionsHwy 70 to 191 to Paradise to R on Skyway to Lon Nimshew Rd take to end to white gate on L
Electric On Property Y/NNo
Garage Y/NNo
HOANo
HOA Fee$0.0
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Listing TermsCash, OwnerWillCarry, PrivateFinancingAvailable
Lot Size Square Feet871200.0
Lot Size UnitsSquareFeet
MobileHomeRemainsYNNo
New ConstructionNo
Property Attached Y/NNo
Property TypeLand
Rent Control Y/NNo
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
UtilitiesNone
ViewCanyon, Mountains, Panoramic, Rocks, TreesWoods
Waterfront Y/NNo
ZoningFR40

Exterior for 0 Nimshew Road

Crops Included Y/NNo
Horse Amenities RidingTrail
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesAgricultural, SlopedDown, LotOver40000Sqft, NoLandscaping, RectangularLot, Secluded, ValueInLand
Lot Size Acres20.0
Lot Size Area871200.0
Lot Size SourceAssessor
Open Parking Y/NNo
Private PoolNo
SpaNo
Water SourceSeeRemarks

Additional Details

Price History

Alexandra Eston

Sales Associate
Price $204,000
MLS#PA24102879
List Date 05/21/2024
Property Type Land
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