Recreational Land for Sale in Fillmore, California

Castac Mine Fillmore, CA 93252

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$999,000
58.06 acres
Active sale$1m dropEst $7,160/mo

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.

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 largest vein, which runs approx. 3' wide and 600' in length through the property. You could also mine through the existing tunnel system, which is dry and beam-less, but in decent condition, considering no significant work has been done to it in nearly 50 years. The main entrance caved in about 10 years ago and it was intentionally not reopened, to keep trespassers from entering. The opening could be dug out & reopened in a day or less---all the main interior tunnels are passable and in decent condition. There are 3 main horizontal levels, the longest of which (the main entrance bottom level) is approximately 1000'

long. The 2 higher levels and various side-shafts currently require ladders to access.

There are numerous historical and anecdotal evidences of substantial gold (and other trace minerals, including silver and platinum) coming from the mine, including several certified assays. There are also several different reports and historical accounts going back to the 1830's detailing this.

Directions

Apx 5 miles before the edge of the earth. Do not attempt.

Property details

Coordinates
34.6874, -118.8844
Zoning
RA10AC
Elevation
3,891 feet
MLS Number
MRMLS DW22135427
Date Posted

Parcels

  • 0050160060

This 58.06-acre property is located at Castac Mine in Fillmore, CA 93252 with latitude 34.6874 and longitude -118.8844. The property is currently available for sale for $999,000 with a price per acre of $17,206. Listing data is sourced from California Regional Multiple Listing Service # DW22135427.

Verify sale details at the property source or contact Keller Williams Realty Brea/Fullerton at (714) 987-6172.

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Copyright (C) 2024 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Updated . Checked 1 hour ago. Parcel data by Regrid.

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