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

Features
: Other
: Steep Slope
Address Map
CA
Ventura
Other - See Remarks
93252
0 Castac Mine
0
W119° 6' 51.7''
N34° 41' 9.9''
Apx 5 miles before the edge of
MLS Addon
Keller Williams Realty Brea/Fullerton
Tony Regazzi
sir_strikealot@yahoo.com
CR6697029
CR8793383
CR176076151

Land For Sale

0 Castac Mine, Other - See Remarks, California 93252

2,529,090 Sqft
$999,000
Listing ID #CRDW22135427
Basic Details
Property Type : Land
Listing Type : For Sale
Listing ID : CRDW22135427
Price : $999,000
Lot Area : 2,529,090 Sqft
Status : Active
Property SubType : Unimproved Land
Agent info
Michael Roberts
Contact Agent