California 'Town' with Gold Rush History for Sale at $4.75 Million
The four-acre property in Feather River Canyon includes a hotel, restaurant, cabins, and RV spaces.
An entire California town, once a hub during the gold rush, is now on the market for $4.75 million. Located in the Feather River Canyon, the property known as Belden spans four acres and features 28 buildings.
Since 1989, the property has been owned by Ivan Coffman, who has transformed it into a tourist destination. The sale includes an owner's quarters, seven guest cabins with two to three bedrooms each, an 18-room hotel, 16 RV spaces, a full-service restaurant and bar, and multiple outdoor event areas. The town's website highlights its potential for various uses, including a boutique resort, event venue, or outdoor recreation hub.
A separate five-acre parcel adjacent to the town, currently used for parking and event support, is available for an additional $500,000.
Belden is an unincorporated community with a population of just 15. The nearest incorporated town is Portola, located approximately one hour away. Coffman, who discovered gold in the area in 1970, has continued to mine gold in the river almost daily at the age of 87.
The town features a restaurant decorated with taxidermy, artwork, and vintage items. Coffman decided to sell the property, in part, due to the recent death of his son. Flowers have been planted by the gazebo in his son's memory.