4001 Diamond Rd, Diamond Springs, CA 95619

$4,388,888
List Price
$4,388,888
MLS#
23-334087
Status
ACTIVE
Type
Land
Neighborhood
Piedmont Oak Estates

Property Description

Seller financing available with min 50% down! Piedmont Oak Estates is an approved land development allowing for as many as 95 detached residential single family home lots and 2 commercial lots. The property is located 3 miles south of Placerville on Highway 49, one mile north of Diamond Springs in El Dorado County, CA. This location is ideally between Sacramento and Lake Tahoe. The current approval is for the first phase only and includes 75 single family residential units (55 smaller lots and 20 larger lots) and one commercial site (for 20,000 square feet of commercial). 20 more additional residential lots and one more commercial lot is planned be part of the phase two approval within a year approx. This is a rare opportunity to develop in a prime location with rapidly increasing value. Plans and development cost estimate available upon request. The total property offering consists of four parcels: 051-550-040-000, 051-550-048-000, 051-550-051-000, 051-550-058-000. The exact address has not been assigned yet but 4001 Diamond Road provides reference to map location.

Additional Information

View
Hills
Frontage
Highway 49

Mortgage Calculator

Amount of Loan
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Term of Loan
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Please consult a financial professional.
Calculator source: Real Geeks

Courtesy of Coldwell Banker Realty, Richard Kuhr.

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