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 be
MLS #
CRPA24102879
MLS Source
California Regional MLS
Days on Site
215
Lot Description
Agricultural Use, Grade - Sloped Down, Hunting
Water
Other
HOA Fee
$0
Zoning
AGR, DNS, LZ, LSR, NL, SEC, LV
0 Nimshew Rd is in Magalia, CA 95954. This Land is currently priced at $204,000.
This address can also be written as 0 Nimshew Rd, Magalia, CA 95954.©2024 California Regional MLS. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from California Regional MLS.
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This listing information is up-to-date as of May 25, 2024. For the most current information, please contact Joseph Gourley, (530) 282-2899