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Taylor Road

Newcastle, CA 95658

$1,465,000 $6,176/Mo

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Overview

Bed

Bath

3,566

Sqft

Description

An exceptional and rare investment opportunity in the heart of Newcastle! This unique property includes two adjacent parcels being sold together: 320 Taylor Road, featuring three separate single-family residences on one lot, plus the neighboring 350 Taylor Road, a vacant lot. Main home has 5 Bedrooms, 2 Baths, and 3566 Sqft. The Cottage has 2 Bedrooms, 1 Bathroom, and 840 Sqft. The last home is a studio style with 1 bathroom and 430 Sqft. Both properties are zoned Mixed Use - tremendous potential for investors, developers, or owner-users alike. All three homes at 320 Taylor Road are currently leased to a single tenant, generating $8,500/month in gross rental income - providing immediate, stable cash flow from day one. The adjacent vacant lot at 350 Taylor Road offers additional developmen t potential, whether for additional residential units, commercial space, or a combination of both. This property is Ideally situated with quick and convenient access to Highway 80, and outdoor enthusiasts will love being just minutes from the North Fork of the American River and Folsom Lake. The location also places you close to local shops, restaurants, and everyday amenities. Whether you're looking for a property with multiple homes for you and your family, to expand your investment portfolio, capitalize on the existing rental income, or explore the development possibilities that Mixed-Use zoning affords, this is a truly versatile property in one of Placer County's most charming and well-connected communities. Please do not disturb tenants. All showings by appointment only.

Property Details

Property Type : Residential

Price : $1,465,000

AD Id : 77648791

MLS Id : 226047934

Beds : 5

Living Area Size : 3,566

Year Built : 1920

County : Placer

Map

Features

Bedroom Information

Total beds: 5 Window Feature: Dual Pane Partial

Bathroom Information

Total Baths: 2 Full Baths: 2

Water/Sewer

Sewer: Public Sewer

Room Information

Total Bedroom: 5 Window Feature: Dual Pane Partial
Flooring Information

Carpet, Concrete, Tile, Wood
Roofing Information

Composition
Interior Features

Roof: Composition Appliances: Free Standing Gas Range, Free Standing Refrigerator, Hood Over Range, Dishwasher, Microwave, Free Standing Gas Oven Laundry Features: Inside Area, Inside Room
Heating & Cooling

Heating: Central, Ductless, Gas, Natural Gas Cooling: Ceiling Fan(s), Central, Ductless WaterSource: Public
Fireplace

Number of Fireplaces: 1 Fireplace Features: 1

Building Information

Year Built: 1920 Construction Materials: Fiber Cement, Stucco, Wood Basement: None Roof: Composition Foundation Details: Raised, Slab
Exterior Features

Balcony, Built-In Barbeque, Fire Pit

Foundation Details: Raised, Slab

Porch: Front Porch
Road Types

Asphalt
Laundry Features

Inside Area, Inside Room

Patio And Porch

Front Porch

Lot Information

Lot Description: Dead End, Landscape Back, Landscape Front, Landscape Misc Lot Square Feet: 63,162 Stories: 2 Main Square Feet: 3,566 Topography: Lot Grade Varies

Property Information

Property Type: Residential Sub Type: 3+ Houses on Lot Style: Craftsman SQ ft (Living Area): 3,566 Construction Materials: Fiber Cement,Stucco,Wood Property Age: 106 Cross Street: Newcastle Highway Source Neighborhood: 12658 Area: Newcastle S: 95658 Zoning: C2-DC Living Area Source: Assessor Agent-Fill Structure Type: Detached

Farm Info

Irrigation Source: Public District

Listing Price Information

Listing Id: 226047934 List Price: $1,465,000 List Price Tot SqFt: $411

Tax Information

Parcel Number: 040-140-016-000

Parking Information

RV Access, Uncovered Parking Spaces 2+

Elementary School District: Newcastle Elementary

Junior High School District: Newcastle Elementary

Senior High School District: Placer Union High
Utility Information

Electric, Sewer In & Connected, Natural Gas Connected Electric: 220 Volts in Laundry
Location Information

Direction: Take the Newcastle Road exit off Highway 80 and turn onto Old State Highway. Turn left onto Taylor road and the property will be at the dead end. Direction Faces: South

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Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
Rattlesnake Road, Newcastle, CA, 95658	$2,399,000	5	4	3,597	3,597 SqFt
Ridge Road, Newcastle, CA, 95658	$2,450,000	4	6	4,595	4,595 SqFt
Chili Hill Road, Newcastle, CA, 95658	$1,519,000	4	4	3,514	3,514 SqFt
Gilardi Road, Newcastle, CA, 95658	$1,339,000	4	3	2,728	2,728 SqFt
Columbia Dam Road, Newcastle, CA, 95658	$1,895,000	5	6	5,344	5,344 SqFt
Virginiatown Road, Newcastle, CA, 95658	$929,000	3	2	1,376	1,376 SqFt
Tunnel Street, Newcastle, CA, 95658	$849,000	4	4	2,632	2,632 SqFt
Rattlesnake Road, Newcastle, CA, 95658	$3,349,000	4	6	4,148	4,148 SqFt
Powerhouse Road, Newcastle, CA, 95658	$2,775,000	5	5	5,153	5,153 SqFt
Ridge Road, Newcastle, CA, 95658	$925,000	6	3	3,479	3,479 SqFt