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- LoopNet Team
Foresthill Rd
Foresthill, CA 95631
In-fill Mixed Use with Views · Land For Sale · 100.00 AC
PROPERTY FACTS
Property Type | Land | Total Lot Size | 100.00 AC |
Property Subtype | Residential |
Property Type | Land |
Property Subtype | Residential |
Total Lot Size | 100.00 AC |
Description
Spectacular Non-filtered Ridgeline Views. 3,000 feet of ridgeline available for single family, townhome, condo, commercial and/or mixed use development. Infill development: Within feet of local grocery store. 0.75 miles to elementary/middle school. 0.1 mile to high-school. Upper portion of property abuts Foresthill and Baltimore Mine Roads. Approximately 20.5 acres of level land suitable for residential/commercial development. Up to 15 units per acre. Property is at the 3,000 foot elevation level, allowing for a mild four season climate. Dustings of snow occur in the winter and melt within a day or two. Summer temperatures are substantially lower than the Sacramento Valley floor. Remaining 80 acres potentially suitable for a few homes or for other recreational uses. Seller owns other property in the area and would consider a reduction in price if some of allowed units with this property were transferred to his other properties. [Seller has appx. 3,000 acres of land within the community and would sell the entire 3,000 acres with its 700 +/- residential units of zoning plus commercial for $20M. Property has 6,000 feet of south / southeast facing views like the ones shown in the pictures and has an additional 10,000 feet of ridgelines with north and west facing views. 1,500 acres of the land is relatively flat, suitable for development. County adopted an EIR for a 2,213 unit planned development community on the property for the portions of the property not being posted in this site - that is, in addition to the entitlements in this posting. County's community plan specifies that this land should be considered for higher than normal residential densities due to its strategic location. Submission of a specific plan and approval by the Board of Supervisors would be required to develop the full 2,213 units. Water, electricity and roads to site. Entire site within 2 miles of town)..
PROPERTY TAXES
Parcel Numbers |
Multiple
|
Improvements Assessment | £0 |
Land Assessment | £340,206 | Total Assessment | £340,206 |
PROPERTY TAXES
- 255-160-001
- 007-044-012
- 007-044-017
zoning
Zoning Code | C2-DC-RS-DC |
C2-DC-RS-DC |
Listing ID: 15899475
Date on Market: 29/04/2019
Last Updated:
Address: Foresthill Rd, Foresthill, CA 95631