7035 Pentz Rd - Blue Spruce Mobile Estates Development 3.88 Acres of Commercial Land Offered at $650,000 in Paradise, CA 95969

Blue Spruce Mobile Estates is comprised of 3.88 acres located in Paradise, CA, nestled in the scenic foothills of the Sierra Nevada. The Property has been issued a permit by HCD to operate and utility pedestals for direct billed gas and electric from Pacific Gas & Electric (PG&E) have been installed at all 32 pads. Significant capital improvements have been made to pre-develop the property and engineering is complete for septic and water systems to be installed, making Blue Spruce a true “plug and play” opportunity.
With a price of $650,000 ($20,318 per pad), Blue Spruce Mobile Estates will allow a development-minded operator to establish a high-quality community at a favorable investment basis. Further priming Blue Spruce to generate attractive cash flows, seller financing is being offered for qualified borrowers at 5% Interest Only for a three-year term with 25% down.
The town of Paradise is blooming thanks to substantial public and private investment. In in 2022, $73mm was allocated to repave all public roads and public underground utility repairs were completed in 2024. Public water testing has been complete and service has been restored from Paradise Irrigation District (PID). Businesses and residents have returned to Paradise, with numerous retailers located within 3-miles of Blue Spruce such as Dollar General, Walgreens, Dollar Tree, Ross Dress for Less, and more. For major employment and services, Blue Spruce is located approximately 30 minutes from Chico, CA and 90 minutes from Sacramento, CA.