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0 0000 Lake California Drive , Cottonwood, CA 96022
$4,295,000
Est. Payment: $21,391.24/mo
0 Bed
0 Bath
0 Sqft
Status: active | Days on site: 511
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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Jenn Smart
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House Description

ADJACENT TO INTERSTATE 5, sits this 1282 acres of vacant land just waiting to be developed. The natural beauty surrounding the area, combined with its strategic location, makes it an attractive proposition for both developers, investors, and ranchers. Don't miss out on this chance to create something truly special in the heart of Northern California.. A large portion is zoned for small rural residential development, (approximately 250 lots, 5 acres in size). The land has generally open and flat terrain with amazing Mt. Shasta and Mt. Lassen views. Surrounding the already established Phase 1 of the Sunset Hills Estates gated community, a portion of the land is located within the existing gated community. The seller is willing to assign the buyer rights to annex additional development into the existing Sunset Hills Estates gated community allowing access to over 5 miles of private paved roads. There is a homeowners association with CCRs and Architectural Guidelines in place for Phase 1, This offer has 8 separate parcels including 25 commercial acres with it's own on/off ramp, off I-5 Exit 659 (Sunset Hills Dr) which features a charming 1,576 sq. ft. sales office overlooking a large year round pond. Equipped with three office spaces, a lobby, a break room, two private restrooms, and a large meeting room. Wells and septic systems are approved for future development, and an enormous aquifer underlies the property. This unique rural property is conveniently located off Interstate 5, just outside the charming historic town of Cottonwood, approximately 20 miles south of Redding, California. Be at the Sacramento Airport in two hours. Close to major hospitals, airports, golf courses, schools, and all essential amenities (just 10 minutes to Walmart and 20 minutes to Costco). A highly desirable Northern California area with Mt. Shasta, Mt. Lassen, Lake Shasta, and the Sacramento River all nearby. Whether you're envisioning a luxurious residential community or a combination of residential and commercial development, this property offers a blank canvas of possibilities. Also listed in MLS #25-2371
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Highlights

Listed by Terri L Wilcox , 530-945-5575 Real Brokerage Technologies , 1 855-450-0442. Shasta Assoc of REALTORS

Property Type

Vacant Land
Lot/Acreage
1282

HOA Fee

$/Monthly

County

Tehama

Area

08 - Cottonwood

Neighborhood

N/A

Listing ID

24-5146

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:0
  • ▪ Bathrooms:0
  • ▪ Full Bathrooms:

Exterior Features

Lot Dimensions:1282
Principal Interest
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
$21,391
Taxes
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
$2,738

Home Price

$4,295,000

Home Price

Loan Details

30 yrs
6.355%

Interest Rate

Loan Type

Down Payment

20%
$859,000

Down Payment

Down Payment %

All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
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Monthly Price:
$21,391.24

Principal

Taxes

Principal Taxes INS/PMI HOA Total
Monthly $21,391.24 $2,738.06 $0.00 $0.00 $24,129.31
Yearly $256,694.93 $32,856.75 $0.00 $0.00 $289,551.68
Total $7,700,847.84 $985,702.50 $0.00 $0.00 $8,686,550.34

Today's Rates

30 Year

6.36%

20 Year

6.23%

15 Year

5.76%

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Market insight data is pulled from the same city as the listing being viewed (Cottonwood, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Shasta Assoc of REALTORS, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-06-04T21:39:12.000Z

© 2026 Shasta Assoc of REALTORS