Ridgewood MHP Development 6674 Pentz Rd Terrain 6,41 ha À vendre 1 202 767 € Paradise, CA 95969

Ridgewood MHP is a development opportunity located in Paradise, CA, nestled in the scenic foothills of the Sierra Nevada. Comprised of two separate parcels spanning 15.85 acres, it is one of the largest communities in the area. With attractive seller financing available and 100 manufactured home sites, it presents the opportunity for economies of scale upon completion. Ridgewood MHP consists of primarily flat, usable land and all debris has been cleared from the 2018 Camp Fire, resulting in a blank slate for the reestablishment of a high-quality community.
The property is being offered for a price of $1,390,000 ($13,900 per pad) and seller financing is available for qualified borrowers at 5% Interest Only for a three-year term with 30% down. Public water is available for Ridgewood MHP from Paradise Irrigation District and there was an expansive septic system consisting of 32 tanks with all tanks having at least one replacement field prior to the fire, with current status needing to be inspected by new owner. PG&E has committed to restoring electric and gas service, streamlining utility reinstatement for future development. There is also excess land at the east end of the property which was previously used for storage.
The town of Paradise is blooming thanks to substantial public and private investment. In 2022, $73mm was allocated to repave all public roads and public underground utility repairs were completed in 2024. Businesses and residents have returned to Paradise, with numerous retailers located within 3-miles of Ridgewood MHP such as Dollar General, Walgreens, Dollar Tree, Ross Dress for Less, and more. A recent grant from the Sierra Nevada Conservancy will enable the expansion of Noble Recreation Park, an outdoor amenity directly adjacent to Ridgewood MHP. For major employment and services, Ridgewood MHP is located approximately 30 minutes from Chico, CA and 90 minutes from Sacramento, CA.