Ray Lawer Dr. & Hwy 50
Land | 3.61 acres
Marketing description
Introducing Placerville Heritage Homes, a prime residential development opportunity located near the intersection of Ray Lawyer Dr. & Hwy 50 in Placerville, CA. Priced at $750,000, this 3.61-acre lot boasts a Tentative Map for 20 single-family homes. The property's strategic location offers convenient access to Hwy 50 and Placerville Dr., ideal for a housing project. With floor plans ranging from 1,450 to 2,300 sq ft, these zero lot line homes are thoughtfully designed to maximize views, featuring 3-4 bedrooms, 2-3 ½ baths, and 2-3 stories. Surrounded by a well-established business corridor, the area sees high traffic flow with over 16,000 daytime employees within 3 miles. The property is also near major retailers, schools like El Dorado High School, and popular attractions like El Dorado County Fairgrounds and Placerville Speedway. Don't miss the chance to invest in Placerville Heritage Homes and be part of this thriving community!
Investment highlights
Tentative map for 20 single-family homes.
Floor plans range between 1,450 sf and 2,300 sf.
Designed with a mixture of 3-4 bedrooms, 2-3 ½ baths, and 2-3 stories to maximize views.
Centrally located in Placerville with convenient access to Hwy 50 and Placerville Dr.
Situated in a well-established business corridor.
+/- 9K ADT at the intersection of Ray Lawyer Dr. and Placerville Dr.
Over 16K daytime employees within 3 miles and 19k daytime employees within 5 miles.
El Dorado County has numerous departments within the immediate vicinity. Public Administration employment exceeds 2.3K employees within a 1-mile radius of the property.
Major retailers within a 1-mile radius include The Home Depot, Raley’s, and Big 5 Sporting Goods.
Close proximity to schools, including El Dorado High School with over 2K students.
Regional draws include the El Dorado County Fair Grounds and Placerville Speedway, each within 1-mile Property.
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