Property in California

Address: Honey Run Rd Chico 95928

Approximate value $: 525,000

EXCHANGE YOUR PROPERTY FOR VERY BEST PRICED BUTTE CREEK CANYON (BCC) 18.33 ACRE HOMESITE OFFERING BREATHTAKING
PANORANIC VIEWS, PRIVACY AND PEACE AND QUIET AND
ADJACENT NEWER HOME ON 4 ACRES

APPROXIMATE VALUE: $175,000 (18.33 acres) + $350,000 (home on 4 acres) = $525,000 or appraisal. See comparable sales below.

LOCATION: In Butte Creek Canyon between Chico and Paradise Calif. Under Lookout Point off Honey Run Rd between Old Covered Bridge and Mobile Home Park. X-Street: Oak Haven Ln. AP# 017-160-011. +/- 9 miles to Chico Mall.

PHOTOS: Several dozen photos of 3 homes (2 Sold/1 For Sale) and neighborhood all in front of 18.33 ac and at street level available upon request. Those photos do not show the spectacular views from the 18.33 ac. The home For Sale (2262 Honey Run Rd) is adjacent to and in front of the 18.33 ac. One Sold home (2283 H/R Rd) is across the street from 2262 Honey Run Rd and the 2nd Sold home (2298 H/R Rd) is adjacent to and on east side of 2262 Honey Run Rd.

EXCHANGE: All realistically priced property and locations considered. Prices on all properties in the exchange can be at appraisal by qualified independent appraiser. A direct exchange for 18.33 acres and a delayed exchange for home with all properties closing escrow simultaneously is proposed.

Acquire 18.33 acres and adjacent newer home on 4 acres and rent or occupy the home and build your dream home on 18.33 acres or sell or exchange one of them. Consider JV with family, friend or neighbor and line-of-credit loan on your other property to help you acquire both. Interest rates are at all time low. If your property has more equity than ours and we balance equities in our exchange with you carrying note secured by your property, I can pay off your note in a year (so you can pay off your line-of-credit loan).

After acquiring 18.33 acres you may be able to sell or exchange all or portions to one or more of the 9 adjacent neighbors [lot line adjustment]. Some of the 9 adjacent parcels can benefit from a lot-line adjustment without adding acreage to their parcel (e.g. squaring off pointed parcels for more utility). 18.33 ac may be able to provide Lookout Point with soil for septic and reduce their well drilling costs.

18.33 ACRES DESCRIPTION: The view home sites on 18.33 acres are elevated +/- 1/5 of the way up canyon wall and a good distance from neighbors. From them you see no cars on Honey Run Rd and most of the time, hear only birds chirping. They offer breathtaking panoramic views, privacy and peace and quiet no creek front parcel can and eliminate the risk of flooding and tubers disturbing your tranquility.

Imagine a paved road with remote-controlled gates as seen in Sunset Magazine to your brand new 2 or 3-story custom home, you relaxing on your balcony eye level with soaring eagles enjoying magnificent views of Castle Rock and up and down Butte Creek Canyon (BCC), privacy and peace and quiet. Walk 18.33 acres and judge for yourself.

Assessor map says 15.5 ac because county doesn’t know about 18.33-acre survey. Terrain is sloping typical for BCC. The most level portion of 18.33 acres is long portion behind AP # 017-160-006 (2262 Honey Run Rd). Test holes show good soil depth for septic and rich soil for growing things. Drilling for water is not likely an issue considering some adjacent parcels have springs. In middle of summer water was trickling out of ground on 18.33 acres. It would be easy to verify water depths and phone/electricity locations due to homes on nearly all adjacent parcels and County records showing well water depths.

Information on 9 adjacent parcels and how they can benefit from the 18.33 ac, 18.33 ac survey map, Butte Co and MLS records showing 2298 Honey Run Rd sold for $379k on 7/31/09, 2283 Honey Run Rd sold for $500k on 3/16/05 as an unimproved 14.28 ac and sold again for $804k on 8/27/10 as a 2006 built 2,818 sq. ft. home on 14.28 ac are all available upon request by serious and qualified buyers.

Please submit your WIN-WIN ideas. Nothing ventured, nothing gained!　

Google Butte Creek Canyon and Butte Creek to learn more.

18.33 acres is owned by David M. Hector, California licensed Real Estate Broker. Newer home on 4 acres is owned by someone else.

DAVID M. HECTOR Real Estate Brokerage (DRE # 00796981)
530-893-5533 (Off) * 530-893-5575 (Fx) * dh@davidhector.com (E-mail)

In exchange for House in California, Nevada, Oregon

Approximate value $ : 750,000

EXCHANGE: All realistically priced property (all prop types) and Calif, Nevada, Oregon locations considered. Prices on all properties in the exchange can be at appraisal by qualified independent appraiser.

ID: 16885, Submitted: 09/12/2011 15:11:19, Updated: 09/12/2011 23:09:07, Visitors: 6775