Active
175 Elvies Lane
Folsom CA, 95630
$875,000
$16.07 per sqft
Active
1.25 Acres
Land
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**
223112505
MLSⓇ ID
May 9, 2024
Updated
Map
175 Elvies Lane
Folsom CA, 95630
Exterior/Building Features
Lot Size
1.25 Acres
Lot Features
Waterfront
Sewer
Public Sewer
School Information
School District
Folsom-Cordova
Other Property Details
Area Name
10630
Association Fee
$366
Association Fee Frequency
Quarterly
Garage
No
View
No
County
Sacramento
Water Source
Public
Pool
No
Waterfront
Yes
Zoning
2nd Unit Possible,Residential,Livestock
Buyer Agency Compensation
2%
Courtesy of Focus Real Estate, Keith Gilbert,
Listing Contact:
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