Anderson Estates
±20.9 Acres \ 40 Lots Residential Land in Placerville
Marketing 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.
Investment highlights
- ±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.
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