255 Lost Lane

Redding CA 96003

48 ac.

Land

Currently for sale - view listing

Overview

Canyon Villa's with development potential of approx. 30 + lots tentatively planned in 2007 located in a rare California state designated Opportunity Zones in Redding. Established in the Tax Cuts and Jobs Act of 2017, Opp. Zones provide tax incentives for investment in designated census tracts. California Opportunity Zones will support new investments. Property located off Lake Blvd. & with-in 1 mile of Hwy 5, Downtown Redding and Trail access to Sundial Bridge, Turtle Bay Museum, Gardens, and Sheridan Hotel, City parks. All Redding City Utilities along property with paved City Road access from most sides of property and sewer line runs down the center of the property per city mapping. Buyer and their broker to confirm tax credits, city requirements from qualified entities.