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$999,000
Est. payment /mo
58.06 Acres Lot
UPDATED:
10/10/2023 08:15 PM
Key Details
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRDW22135427
HOA Y/N No
Lot Size 58.060 Acres
Acres 58.06
Property Description
Back on market! Buyer did not perform. THIS IS A GOLD MINE! Literally! The investment offers a singularly unique opportunity to acquire the land and productive gold mine. The Castac Mine property includes 58+ acres of surface area and approximately 1 mile of open shafts. The property is completely surrounded by miles of National Forest Service lands. This is the only privately owned land in miles. The property is located approximately 10 miles south of the city of Gorman, approximately 8 miles due west of the northern tip of Pyramid Lake. Gorman is located approximately 40 minutes north of downtown Los Angeles, right off the I-5 freeway, near the LA/Kern/Ventura County line. From there it's about a 15 min drive to the main gate. Road access is via a private gated Forest Service road---property has permanent access due to "grand-fathered" easement. Property existed before Forest Service. The mine is approximately 600 feet up the side of a steep mountain face (a 30 minute hike up from the river-bottom area) at approximately 4,000 ft elevation. The property includes several acres in the river bottom below and the relatively flat mountain-top above. From the top of the mountain (about 100 feet from the top), you could use relatively small equipment to drill/dig to the very specific l
Location
State CA
County Ventura
Area Not Defined
Zoning RA10
Interior
Fireplace No
Exterior
Utilities Available None
View Y/N true
View Other
Building
Lot Description Steep Slope
New Construction No
Others
Tax ID 0050160060
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Listed by Tony Regazzi • Keller Williams Realty Brea/Fullerton