Listing provided courtesy of Joseph Gourley of Joe Gourley, Broker. Last updated 2024-05-22 09:17:41.000000. Listing information © 2024 Sandicor.

Asking Price: $204,000

Nimshew, Magalia CA 95954

Community: ​


This Lots/Land property was built in and is priced at $204,000. Please see the additional details below.
  • 0 Sq Ft
  • bathrooms
  • bedrooms
  • MLS#: 306175814
  • Type: Lots/Land
  • Year Built:
LOOK at this! Economy got you down? 401k Down? Food UP? Afraid of losing your assets? Once in a generational lifetime opportunity here! Actual Patented Gold mine consisting of 20 surface acres and 250 acres (+/- 10) of patented mineral rights. Mineral Slide Mining Company used to own in the 1800's next door to the infamous Lucky John Gold Mine. Both mines shut down due to the War Production Board Ban, not because they ran out of GOLD. Estimates from the 80's state 2.4b in today's values left untouched under the town of Paradise. Obvious permitting needed after the initial 1000 yards. Buyers to look into all aspects themselves of production mining. Sellers want a small royalty from the lucky parties that get this mine into production. That's just the mine part. How about also, a gorgeous parcel of land that can be even further beautified by clearing brush and dead trees from over growth. Lots of sun, beautiful views. Has deeded and prescription access rights. Private parcel makes you feel away from it all, but only a short drive back into town. Truly an entrepreneurial endeavor awaits here. Not a big time production miner? That's okay, its purported that a couple gents could do well if they prospected to find the remaining pay streaks that old inefficient mining techniques left behind. Use today's technology to overcome 75% of prior mining obstacles in finding gold. Or just do the ol' pick and shovel method. Those ol' timer's didn't do too bad either. Funny thing is, the One's not finding GOLD are the One's not looking for it. Four miles down a bumpy road, 4WD recommended, C

Call or Email Chris Sanders now to inquire about this property

619-861-3748