175 Elvies Lane, Folsom, CA 95630

$725,000
List Price
$725,000
MLS#
224038463
Status
ACTIVE
Acres
1.25
Type
Land
Zip
95630
city
Folsom
Region
Folsom & Vicinity
Property Type
Land

Property Description

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**

Additional Information

Land Area (Acres)
1.25
Subtype
Residential Lot
Zoning
R-1-ML
Current Use
Vacant
Development Status
Raw Land, Building Plans Filed, Topography Map Available, Other
Vegetation
Trees Few
Road Frontage
City Street
Road Surface
Paved
Primary Res
None
Additional Living Unit
No
Outbuildings
None
Irrigation
None
Special Conditions
None

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Focus Real Estate.

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All measurements and all calculations of area (i.e., Sq Ft and Acreage) are approximate. Broker has represented to MetroList that Broker has a valid listing signed by seller authorizing placement in the MLS. Above information is provided by Seller and/or other sources and has not been verified by Broker. Copyright 2024 MetroList Services, Inc. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of MetroList® MLS. All information has been provided by seller/other sources and has not been verified by broker. All interested persons should independently verify the accuracy of all information. Last updated .

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