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Keith Gilbert
Focus Real Estate
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Incredibly rare opportunity to build on Folsom Lake with beautiful lake views. Surrounded by acres of BLM land (government owned land with no development), this incredible setting offers panoramic views of Folsom Lake and the Sierra Foothills. At 1.25 acres with a gentle upslope and Oak Trees in the front corner, this is an opportunity to create something truly special. Have your boat on the lake within minutes of leaving your home, explore the lake trails, or simply relax on your patio/balcony and take in the peaceful surroundings. All while being minutes from Folsom shopping and dining. All utilities are at the site and the current owner has approved plans for an incredible ~4,000 sqft modern farmhouse home with three car garage plus apartment, pool, and landscaping. If you prefer your own design, the buyer is welcome to utilize the grading & engineering plans along with arborist reports for significant time and cost savings. Sacramento County location with lower fire insurance rates, SMUD electricity rather than PG&E, and all public utilities. If you are looking for something special, this is it. A one of one opportunity in Folsom to create your dream home on a vacant lot overlooking the lake. **Seller financing available**
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Sewer: Sewer Connected & Paid,Public Sewer,Sewer Available
Water Source: Public
Paved
City Street
Barbed Wire,Cross Fenced
Barbed Wire,Cross Fenced
Lot Description: Lake/River Access
Lot Square Feet: 54,450
Topography: Lot Sloped,Gently Sloped,Level,Lot Grade Varies
Property Type: Land
Sub Type: Residential Lot
Cross Street: E Natoma & Nature Way
Source Neighborhood: 10630
Area: Folsom S: 95630
Zoning: 2nd Unit Possible,Residential,Livestock
Irrigation Source: None
Listing Id: 224038463
List Price: $725,000
Parcel Number: 071-1940-008-0000
Association YN : Yes
Included Fees: MaintenanceGrounds, Other
Calculated Total Monthly Association Fees : $366
Association Fee Frequency : Quarterly
Elementary School District: Folsom-Cordova
Junior High School District: Folsom-Cordova
Senior High School District: Folsom-Cordova
Public,Underground Utilities,Water Connected,Natural Gas Connected
Electric: Electric Available
Direction: From E Natoma & Blue Ravine - West on E Natoma. Elvies Ln is on the R hand side.
Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
---|---|---|---|---|---|
1331 Fong St, Folsom, CA,95630 | $734,000 | 4 | 2 | 2,025 | 6212 Sqft |
Bidwell Street, Folsom, CA,95630 | $679,000 | 2 | 1 | 1,108 | -- |
Tobrurry Way, Folsom, CA,95630 | $2,665,000 | 5 | 6 | 6,184 | -- |
Diamond Glen Circle, Folsom, CA,95630 | $599,000 | 3 | 3 | 1,673 | -- |
Winding Canyon Lane, Folsom, CA,95630 | $589,000 | 3 | 2 | 1,930 | -- |
Loggerhead Circle, Folsom, CA,95630 | $1,598,000 | 4 | 4 | 3,773 | -- |
Morning Dove Lane, Folsom, CA,95630 | $589,900 | 3 | 2 | 2,073 | -- |
Sundahl, Folsom, CA,95630 | $2,397,000 | 5 | 5 | 4,679 | -- |
Sun Peak Drive, Folsom, CA,95630 | $1,420,000 | 5 | 5 | 3,502 | -- |
Donnelly Circle, Folsom, CA,95630 | $899,000 | 4 | 3 | 2,680 | -- |
ByOwner last updated this listing 05/09/2024 @ 07:55
MLS: 224038463
LISTED BY: Keith Gilbert, Focus Real Estate
SOURCE: MLS Metrolist
Buyer Agency Compensation: 2%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.