Unique multi-use property with diverse income stream potential located in the Sierra Nevada foothills of Calaveras County. The upper property is located within the Wilseyville Community Area that allows for medium residential development of up to 20-units per acre. Site development plans include the development of approximately 60, 1/4 - 1/2-acre homesites plus approximately 60 Accessory Dwelling Units. A lucrative farm lease and two rental homes provide significant income on the upper parcels. The upper and middle parcels currently support two cannabis farm licenses and a net lease income that exceeds well over $200,000 per year. Two dwelling units (3 bedroom, 2 bath, 1,635 ft2 updated farmhouse; and 1 bedroom, 1 bath, 600 ft2 mobile home) plus a 1,000 ft2 shop and 2-car garage provide rental income and/or farm or property management housing. Four additional RV camp/parking sites are scattered throughout the upper parcel. A new 3,600 ft2 metal shop (constructed in 2023) on the middle parcel supports the current farming operations and can increase owner workspace and productivity.
The secluded main residence includes a 3,400 ft2, 4 bedroom, 4 bath home with attached 4 car garage located on the lower parcel that overlooks the South Fork Mokelumne River with unparalleled canyon views. The main house can be used as a personal residence, or managed as a vacation rental for additional income. The ranch includes over 1/3 of a mile of private access to both sides of the South Fork of the Mokelumne River, a private wild trout and gold-bearing stream. Downstream and on both sides of the river are 1,100 contiguous acres of government land in permanent open space. The lower property has been managed as a private wild trout stream and wildlife preserve for over 30 years.
The 117-acre property has zoning for residential homes along the far northern parcel and potential for resort development on the two riverfront parcels. A potable water and wastewater service agreement with Calaveras County Water District has been secured. This unique property offers a harmonious blend of nature and income generation. Embrace a lifestyle surrounded by serenity and diverse opportunities on this uniquely captivating piece of land where tranquility meets investment potential!