0 Nimshew Road
Magalia, CA 95954
- – beds
- – baths
- – sqft
- ~20 acre lot
- – on site
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!
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Last updated Jun 3, 2024
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MLS# PA24102879 —
This property is listed in more than one place. See it here.
The Building
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New Construction:No
Location
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Directions:Hwy 70 to 191 to Paradise to R on Skyway to Lon Nimshew Rd take to end to white gate on L
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Latitude:39.78354900
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Longitude:-121.62348900
The Property
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Property Type:Land
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Zoning:FR40
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Lot Features:Agricultural, Sloped Down, Lot Over 40000 Sqft, Rectangular Lot, No Landscaping, Secluded, Value In Land
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Lot Size Area:871200.0000
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Lot Size Acres:20.0000
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Lot Size SqFt:871200.00
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Lot Size Source:Assessor
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View:1
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View:Canyon, Mountain(s), Panoramic, Rocks, Trees/Woods
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Additional Parcels:No
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Land Lease:No
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Tax Census Tract:17.02
The Listing
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Special Listing Conditions:Standard
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Parcel Number:051030036000
Utilities
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Utilities:None
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Water Source:See Remarks
The Community
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Features:Biking, BLM/National Forest, Fishing, Foothills, Hiking, Lake, Horse Trails, Hunting, Watersports, Mountainous, Preserve/Public Land, Ravine, Rural
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Association:No
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Senior Community:No
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Distance To Water Comments:on site spring
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
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5/21/24
May 21, 2024
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Listed / Active | CRMLS_CA | $204,000 |