Placerville, CA 95667 - El Dorado County

84 Townhome Development Site

Investment Highlights:

Preliminary plan approved for 84 townhome development

Graded, flat landscape, development ready

Utilities to site

Paved access road to the property

Offering Details

CBRE and RealINSIGHT Marketplace are pleased to present a rare development ready, fourteen (14) acre property zoned for 84 townhomes, in Placerville, CA. The land is graded and has utilities to site. 53 recently built homes sold between $450,000-$5000,000 before completion, in an adjacent development. The development is located in the high-demand market of Placerville.Placerville is a charming California gold rush town named after the placer gold deposits found in its river beds and hills in the late 1840s. The City of Placerville, population 10,350, is centrally located between Sacramento, the State capitol, and South Lake Tahoe, world-famous recreation center. Situated above the fog line and below the snow line, Placerville boasts an ideal climate with four distinct seasons. Accessibility to Placerville is Serving as a "hub" for many nearby destinations and activities. Placerville is well-situated along State Highway 49 and U.S. Highway 50, one of the most traveled corridors in California.

Placerville's treasured heritage is reflected in the historical, nineteenth century architecture of its downtown core. Premier wineries, Apple Hill Ranches, Historic Coloma, the American River, and the El Dorado National Forest are all located within minutes of downtown Placerville. The future of Placerville's business economy will continue to be strengthened and infused by these established and newly developing areas of opportunity surrounding the hub.

Auctioneer: Emilio Lemeni | Fisher Auction Company Inc. | Lic. 00961384