50 District Center Drive

Off Market

50 District Center Drive

Palermo CA 95966

924 sq. ft.

1495850 sq. ft.

Single-Family

Last sold for $310,000

Haley Cherms, last sold this property on 22 January 2024 after 192 days on market.

Overview

Welcome to this remarkable 34.34-acre property nestled in the scenic east foothills of Oroville, CA. This expansive estate offers a range of features and possibilities to suit a variety of lifestyles and ventures. As you enter the property, you'll immediately notice the captivating olive orchard, stretching across a portion of the land. The olive orchard presents an exciting opportunity for agricultural enthusiasts, with the potential for generating income through the cultivation of olives. The property's secluded location ensures a private and tranquil setting, far from the hustle and bustle of urban life. Whether you're seeking a peaceful retreat or a serene homestead, this property offers a sanctuary to embrace nature and enjoy the peaceful surroundings. A manufactured home provides residential accommodations. The property also has additional structures. These versatile spaces offer ample room for storage, a workshop, or other creative endeavors. The outbuildings provide flexibility to accommodate your unique needs, whether you're an artist, hobbyist, or require additional storage for equipment or vehicles. For those with an entrepreneurial spirit, the possibility of subdividing the land into separate lots opens up exciting opportunities each with its own distinct features and development possibilities. Whether you choose to develop the lots or sell them individually, this option allows for greater flexibility and potential return on investment. Overall, this 34.34-acre property is a hidden gem in the east foothills, offering an olive orchard, a private and peaceful ambiance, the stick built is run down, outbuildings, and plenty of potential. Embrace the natural beauty, cultivate a profitable agricultural venture, or create a unique living environment?this property invites you to embark on a journey of endless possibilities.

Features

2 bedrooms

2 bathrooms

924 sq. ft. floor area

1495850 sq. ft. lot size

Single-Family

Estimated Value

Based on this property and similar 2 bedroom single-family properties sold in Palermo over the last 12 months, the estimated median property value of 50 District Center Drive is $241.18k.

Median value

$241.18k

Estimated value range

$1.5k - $535k

Median days on market

Estimated value trend

-12%

decrease over the last 12 months

Average days on market is based on recent, comparable sales in Palermo. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 50 District Center Drive

2024

Sold

$310,000

22 Jan 2024 by Haley Cherms, of DoorTru

Happy sellers in Palermo

89%

89% of sellers in Palermo reported that their sale price either exceeded or met their price expectations.

Palermo stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 7 reviews in Palermo over the last 12 months.

Local market activity for 2 bedroom single-family properties in Palermo

In the last 12 months, 52 two-bedroom single-family properties similar to 50 District Center Drive, have been sold.

This represents a 22% increase in two-bedroom single-family properties sales when compared to the previous 12 months.

Sold

For Sale

Interested in selling?

People are reaching out to these agents in Palermo for a market analysis.

Nathan Cruz

(37 reviews)

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Lauralyn A. Lambert

at Table Mountain Realty, Inc.

(12 reviews)

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Cody Borene

at LPT Realty, Inc

(20 reviews)

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Eric Liu

at Capital's Finest, Inc.

(25 reviews)

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Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Palermo

Nathan Cruz

Sellers who recommend Nathan Cruz have praised them for being local expert, responsive, clear communication, empathetic, patient, supportive, and great negotiation