Situated in the heart of the Lake Oroville Recreation Area and the
scenic Sierra Oro Farm Trail Tourism Route (www.sierraoro.org), the
Market Service Area for the subject properties continues to attract an
increasingly affluent population drawn to its spectacular surroundings
and major California attractions. The Greater Oroville Area has a
population of more than 52 thousand and according to statistics
compiled by the California State University, Chico, the population is
projected to reach more than 75,000 by 2015.
The primary population center near the Subject Properties is Kelly
Ridge Estates, a 1,500 home development overlooking Lake Oroville,
which includes a golf club, restaurant, clubhouse, swimming pools and
tennis courts. Additionally, there is a significant number of homes
in the nearby rural communities of Berry Creek, Brush Creek and
Feather Falls, and the surrounding Retail Service Area has a
population in excess of 8,680 and more than 4,000 housing units.
Nearly half of the population is employed, making the un-employment
rate among the lowest in the County. According to the last census,
the median house hold income is $41,195.
The hallmark attraction is Lake Oroville, which offers 167 miles of
shoreline along with secluded coves, world-class fishing, house
boating, swimming, picnicking, water skiing and jet skiing. Lake
Oroville also hosts several fishing tournaments including the
BASSmasters Tournament Trial Series. All of the subject properties
are within 3 miles of the Bidwell Canyon Marina and at the proverbial
"gateway" to the lake and the Kelly Ridge Golf Course and Country Club
area as well as all of the major cultural and entertainment
destinations around the area. The nearby Gold Country Resort and
Casino has also become a major tourist attraction and economic hub
power center. The resort offers a first class hotel and attracts top
entertainers and huge numbers of visitors who spend tourist dollars
throughout the area. For more information on the Lake Oroville Metro
Market, contact Mike Donnelly at 530-828-0011 or e-mail
mike@californianorthern.com
For more information about the market and available retail properties listed on this web site, contact Mike Donnelly at 530-828-0011 or e-mail mike@californianorthern.com.
Olive Orchard - $999,000
Added 01/15/10
Olive Orchard World class property on the Scenic Olive & Citrus Farm Tour Route through Mt. Ida & Foothill view country. Total of 63 acres in a spectacular setting right down the road from the proposed Lake Oroville Village Mixed (More Details)
17 Acre Multi-Family Residential - $1,650,000
Added 11/23/09
17 Acres Multi Family Residential
3 Parcels at Lake Oroville
In the heart of the Sierra Oro Farm Trail Region and the Gateway to Lake Oroville! Prime multi-family residential property in an emerging affluent resort community.
Nestled in the foothills, (More Details)