106 Melvin Lane, Arcata, CA 95521

List Price

Property Description

6 adjacent lots 4 Bay front! It was the first development on the Penninsula in the 1849 gold rush! They built 5 casinos ,and a 300ft commercial dock ,to dock the paddle boat! (photos included ) 320 ft of frontage! Then in the early 1950es Bay Shore acers was built as a mill town housing development, these lots are the prime ones! The day for man took one and drilled a 150ft well ,he hit gas,and tryed to burn it off for 6 months with no reduction in its 6ft high flame,so he capped it and hooked it up to his house,it blew up 2 days later! The mill owner commissioned an illegal syzmigrafic study and discovered a massive oil reserve of 351.5 million barrels of fish oil( light sweet crude) this land is the only one over it!! So he ( A K Wilsom uzed mill scrapes to fill in the bay at the end.

Additional Information

Water Sewer
Pub Sewer on Site, Pub Water on Site

Mortgage Calculator

Amount of Loan
Annual Interest Rate
Term of Loan

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of .