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Anderson Estates 20.9 Acres of Residential Land Offered at $1,590,000 in Placerville, CA 95667
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Investment Highlights
- Developers have an opportunity to purchase Anderson Estates, a distinguished 20.9-acre site that stands as the largest plot available within the city.
- Situated just off El Dorado Freeway (US Route 50), accessibility to and from the property is a breeze for future residents.
- Placerville offers excellent demographics with a population on the rise and average household incomes exceeding $110,000 within 5 miles.
- R1-10 and R1-A zoning allows for residential use with potential for approximately 55 total homes, or alternatively a senior assisted living facility.
- Retailers like Starbucks, The UPS Store, Bagel Works, Steve Mart, and more are all close by, allowing for excellent convenience.
Executive Summary
Look no further than Anderson Estates for valuable acreage in Placerville, California.
Anderson Estates in Placerville, California, is a rare 20.9-acre property found within the city limits. Zoned for homes, it can host about 55 single-family lots of about 10,000 square feet each, plus four 1-acre parcels for other housing types. A separate 5-acre area is perfectly suited for a senior assisted living facility. Set in peaceful surroundings, the site provides quiet charm for both families and seniors. With flexible zoning, easy access to stores and roads, and a growing population, Anderson Estates stands out as an exciting investment opportunity in a lively and welcoming community.
Anderson Estates offers an ideal location for residential projects. Nestled in the Sierra Nevada foothills, it provides a tranquil setting for people to settle down. With Highway 50 less than a mile away, getting to and from the area is simple and convenient. Residents also benefit from nearby shops, restaurants, and amenities, making daily errands easy. The site delivers a welcoming small-town feel and is well-suited for either residential or senior living developments.
Placerville greatly benefits as a part of the Greater Sacramento market. As California’s capital, Sacramento’s economy is supported by jobs across many industries like government, real estate, healthcare, education, clean technology, and farming. Unlike other places in California, Sacramento’s population has been rising steadily for the past five years, making it a great place to live and invest.
Anderson Estates in Placerville, California, is a rare 20.9-acre property found within the city limits. Zoned for homes, it can host about 55 single-family lots of about 10,000 square feet each, plus four 1-acre parcels for other housing types. A separate 5-acre area is perfectly suited for a senior assisted living facility. Set in peaceful surroundings, the site provides quiet charm for both families and seniors. With flexible zoning, easy access to stores and roads, and a growing population, Anderson Estates stands out as an exciting investment opportunity in a lively and welcoming community.
Anderson Estates offers an ideal location for residential projects. Nestled in the Sierra Nevada foothills, it provides a tranquil setting for people to settle down. With Highway 50 less than a mile away, getting to and from the area is simple and convenient. Residents also benefit from nearby shops, restaurants, and amenities, making daily errands easy. The site delivers a welcoming small-town feel and is well-suited for either residential or senior living developments.
Placerville greatly benefits as a part of the Greater Sacramento market. As California’s capital, Sacramento’s economy is supported by jobs across many industries like government, real estate, healthcare, education, clean technology, and farming. Unlike other places in California, Sacramento’s population has been rising steadily for the past five years, making it a great place to live and invest.
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Property Facts
| Price | $1,590,000 | Property Subtype | Residential |
| Sale Type | Investment or Owner User | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 20.90 AC |
| Property Type | Land | ||
| Zoning | R1A.R1-10 | ||
| Price | $1,590,000 |
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | |
| Total Lot Size | 20.90 AC |
| Zoning | R1A.R1-10 |
1 Lot Available
Lot
| Price | $1,590,000 | Lot Size | 20.90 AC |
| Price Per AC | $76,076.56 |
| Price | $1,590,000 |
| Price Per AC | $76,076.56 |
| Lot Size | 20.90 AC |
Description
Located in Placerville, California, 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 1-acre lots.
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
20/100
Somewhat bikeable
20/100
Nearby Amenities
Restaurants |
|||
|---|---|---|---|
| Taste of Thai Llc | Thai | $$ | 11 min walk |
| McDonald's | - | - | 13 min walk |
| Amerikan Ichi Sushi | Japanese | $$$ | 14 min walk |
| Paco's Mexican Cuisine | Mexican | - | 14 min walk |
| Starbucks | Cafe | $ | 14 min walk |
| Teriyaki Junction | Japanese | $ | 14 min walk |
| London Best Fish & Chip | Seafood | $$$$ | 14 min walk |
| Pizza Factory | - | - | 14 min walk |
Retail |
||
|---|---|---|
| Sherwin-Williams | Paint/Wallpaper | 13 min walk |
| Rite Aid | Drug Store | 14 min walk |
Hotels |
|
|---|---|
| National 9 |
24 rooms
4 min drive
|
| Best Western Plus |
105 rooms
9 min drive
|
Sale Advisor
Sale Advisor
Victor Manuel-Saldana, Director of Sales & Leasing
Focus on Tenant representation, and primarily Restaurants. Master Broker for emerging brand such as Quesadilla Gorilla and MF Gyro and Burgers while also working with concepts such as Sourdough and Co, Slice House, Spitz Mediterranean, Mayweather Boxing, Uptown Cheapskate, Juice it Up, BB.Q Korean Chicken and a growing Hispanic Supermarket brand.
Retail Value-Add Landlord representation experience with a lease-up and sale strategy.
Retail Value-Add Landlord representation experience with a lease-up and sale strategy.
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Anderson Estates
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