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We saved the best for last. This 35 acre development property has HUGE potential. Located abutting the city limits of the town of Dorris in northern California, it also has over 3,000 feet of US 97 frontage. US 97 in this area is the main north/south route between I-5/Mt. Shasta and Klamath Falls, OR which is only 19 miles to the north. The property is actually made up of two parcels of near equal size, one sitting to the north of the other. At the south end of the property there is a paved pull-off from US 97 which accesses a dirt road into the property. We spoke with a Cal-Trans consultant who said that additional access would be no problem with proper improvements. Because of important highway usage in the area, CALTRANS has a camera directly across from the parcel (click this link to view the parcel in real time). The Dorris water tank sits across US 97 from the property. Other utilities are south of the property on Petesh Rd. The property has an easily developable slope from the highway rising to the back and is somewhat elevated giving it great views of the surrounding area and of Mt. Shasta in the distance. Presently, the property is zoned agriculture, check with the county for requirements of re-zoning. IMAGINE THE POSSIBILITIES…TRUCK STOP, TRAVEL LODGE, HOUSING, RETAIL OUTLET CENTER!
If you don't want to develop it, put your 35 acre ranch on it (and hold for later development) and enjoy crisp and clear Northern California living. This 35 acre Siskiyou County ranch parcel offers it all; frontage on US 97, access, views, nearby neighbors and utilities as well as privacy. Enjoy sunsets over Eagle Rock Mtn. to the west and sunrises over Klamath Lake to the east; fish in or boat on one of the many nearby lakes. Many attractions of Siskiyou and Lassen Counties are nearby: Mt. Shasta and Lassen Volcanic National Park; as well as the many attractions of the Klamath Falls Oregon area.
This area of California is growing fast due to its reasonable housing prices/cost-of-living and pleasant climate. Californians and others from high-priced real estate markets are cashing in and bringing their "chips" to this area where they can get much more for them.
California sales comparables with similar highway frontage and proximity to population centers start at a minimum of $15,000 per acre. We have priced this property lower than that with a down payment decided by you and low monthly payments. Don't miss this opportunity to acquire this unique development site in this popular area at a nominal out-of-pocket cost!
For detailed information on area highlights regarding this parcel, click here to visit our website. |  |
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Location | | | State: | California | | | County: | Siskiyou | | | GPS: | 41.9745,-121.9079 | | | Locality: | Dorris |
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Legal Information | | | Tax ID: | 002-420-120/430-250 | | | Address: | fronting US 97 east of Dorris and abutting the city limits | | | Legal Desc: | 0 |
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Specifics | | | Size: | 35 acres | | | Dimensions: | irregular 2640 x 575 (avg), approx 3000 foot highway frontage | | | Slope: | sloped | | | Elevation: | 4400' +/- | | | Zoning: | Agricultural | | | Building Req: | No Time Limit | | | Mineral Rights: | May be included |
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Services | | | Roads: | Paved/dirt | | | Electricity: | In area, check with utility | | | Telephone: | In Area, check with utility; cell service also available | | | Water: | In area, check with utility | | | Sewer/Septic: | Private septic |
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Other | | | Association Fees: | none | | | Property Tax : | 0 | |
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Additional Information | | | It is 1 mile to Dorris, 19 miles to Klamath Falls, OR, 61 miles to Mt. Shasta, 65 miles to Ashland OR, 77 miles to Medford OR and 121 miles to Redding. |
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Financial Terms | | This is a "Take Over Monthly Payments" (PMT) auction. Your winning bid is the down payment and you will take over payments on the balance of $257,798 with interest at 9.95% annually, paid $2,499 monthly, until paid in full. You will also pay prorated property taxes, prorated association dues (if any) and a $9 payment collection fee all added to your monthly payment. The amount due at the close of the auction is your winning bid, plus the first month's payment, plus the buyer's premium specified in our terms and conditions, and plus our administrative fee of $259. PMT transactions may be paid off in advance at any time in any amount without penalty. In fact, we often offer significant cash discounts for early cash payments! See additional terms and conditions for Western Asset Reserve PMT auctions included in our standard terms and conditions.
There is a minimum buyers premium for our PMT listings which is the greater of 1% of the PMT contract amount or 10% of the winning bid amount. | |
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Reference | | | Asset File#: RE-045 | | | Asset Category: Real Estate | | | Asset Title: SISKIYOU, CA Dorris development ACREAGE-PMT $2499/mo | | | Buyer's Premium: Minimum of 1% of the TOP balance assumed | | |
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| | |  | | | It is the purchaser's responsibility to complete an appropriate due diligence investigation of any parcel we sell which is consistent with that of any prudent investor acquiring real property. Normal due diligence includes, but is not limited to, physical inspection and verification of property use with regulatory authorities, public/private utilities and property owners' associations. Western Land Trust, Western Asset Reserve, New Worlds, LLC, Collector's Liquidation, BilzBiz, Ltd., Atchara Inc., their agents, representatives, officers, directors, stockholders, members, managers, employees, consultants or affiliates, make no warranties or representations, express or implied, relative to any parcel, including, but not limited to: the ability to build, access, terrain, topography, location, condition, available utility services, value, marketability, fitness for any particular purpose or the information contained in this listing. |
WE GUARANTY LIEN-FREE TITLE
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Photos, maps and other graphic material contained in this listing may be of the general area and region of the parcel listed and not necessarily of the specific parcel. The information contained in this listing is believed to have come from reliable sources, but is not verified or warranted by us and should be verified by the purchaser prior to bidding. This property is sold by us "as-is, where-is with all faults" existing at the time of sale, and is solely guaranteed to have lien-free title upon transfer to buyer. Any taxes or assessments which may be due as of the date of the auction will be cleared by us upon payment by the winning bidder of the initial amounts due (winning bid + first payment (if any) + buyers premium + admin. fee). | |  | | | The winning purchaser of this parcel must contact seller within 48 hours of bid closing and provide: Name for title purposes, mailing address, telephone numbers, form of payment as provided below and the completed purchaser information and government required forms provided by seller at the time of bid closure. Payment of the winning bid amount, initial payment, buyer's premium and administration/recording fee must be made within 5 days of bid closure in the form of Paypal payment, credit card payment, cashier's check or money order. |
DO NOT BID IF YOU DO NOT INTEND TO COMPLETE THE TRANSACTION
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Your bid is an irrevocable binding offer to purchase this property in accordance with the specific provisions of this listing and our general terms and conditions, as applicable. Within 15 days after full, cleared payment, we will provide the deed and recording instructions or land contract to the Buyer. The winning bidder's failure to complete the purchase in accordance with the terms provided herein will cause the bidder to be faced with all, or any combination of the following measures: negative feedback; non-paying bidder sanction; credit agency reporting; legal and/or collection action. | |  | | Western Asset Reserve strives to provide excellence in customer care.
| Email: info@westernassetreserve.com | Snail Mail: PO Box 1421 Kapaa, Hawaii 96746 | | | Voicemail (Hawaii Std. Time): 1-888-265-5547 | Fax: 1-888-801-9167 |
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