Indian Hill Road Land/Development
  • Asking Price
    $1.6MAsking Price
  • Acres
    ~20.90 acAcres
  • City
    PlacervilleCity
  • State
    CAState

Description

Located in Placerville, CA, this ±20.9-acre parcel offers significant potential for residential or senior living development. Just 1/3 mile from Highway 50, the property is conveniently positioned near a major transportation route with 33,827 average daily traffic (ADT). The current zoning supports a mix of single-family residential uses, including 48 lots of approximately 10,000 square feet each and four larger one-acre lots.

A five-acre portion of the property, zoned R1-A, is well-suited for a Senior Assisted Living facility, meeting an important community need. The surrounding natural landscape provides a quiet and pleasant setting that complements residential living or senior care. With its combination of zoning flexibility and proximity to key amenities, this property offers a versatile development opportunity in a growing area.

Highlights include: ±20.9 Acres of Residential Land in Placerville, CA; Zoned for residential use with 52 total lots offering flexible development options; 52 total lots (48 - ±10,000 SF lots and 4 - one acre lots); Located just 1/3 mile from Highway 50, with 33,827 ADT and easy access to Apple Hill, a popular tourist area; Potential for a Senior Assisted Living facility on five acres of R1-A zoned land within Placerville city limits; Largest parcel of land within the city limits of Placerville, CA; Approximately $1,500,000 in Statewide Community Infrastructure Program funds available along with seller financing.

Victor-Manuel Saldana of Capital Rivers represent this offering. Please contact us for additional information or to arrange a tour.

Offering Summary

  • Asking Price
    $1,590,000
  • Property Type
    Land/Development
  • Total Acres
    ~20.90 ac

Documents

Property Address

Indian Hill Road
Placerville, CA 95667

Property Details

  • Property Type
    Land/Development
  • Acres
    20.90

Deal Team

Victor-Manuel Saldana profile image

Victor-Manuel Saldana

Director of Sales & Leasing
Capital Rivers Commercial