2100 Ferndale Ct Placerville, CA 95667

This exceptional 4.13-acre (179,729 square foot) parcel in Placerville, CA, presents a unique development opportunity. Located at 2100 Ferndale Ct, APN 048-350-058, the property is zoned RT and offers significant potential. Preliminary plans indicate a possible six two-story apartment buildings, encompassing 10 one-bedroom/one-bathroom, 30 two-bedroom/two-bathroom, and 10 three-bedroom/three-bathroom units. The proposed development also includes a leasing office and 75 parking spaces. The site boasts excellent visibility and accessibility, situated at the corner of Texerna and Broadway, providing street frontage along Broadway with approximately 6,000 cars passing daily. Its flexible zoning allows for a variety of uses. The property's convenient location offers close proximity to numerous retail amenities, schools, and parks, making it an attractive location for residents. This is a rare opportunity to acquire a substantial land parcel in a desirable area with high development potential. The asking price is $1,795,000.