El Dorado Road, El Dorado, CA 95623
- $225,000
- List Price
- $225,000
- MLS#
- 226093275
- Status
- ACTIVE
- Acres
- 1.67
- Type
- Land
- Zip
- 95623
- city
- El Dorado
- Region
- El Dorado Diamond Springs
- Property Type
- Land
Property Description
Prime multi-family development opportunity on El Dorado Road! This exceptional 1.67 acre parcel is zoned RM2, allowing for 5 to 28 units per acre, making it ideal for apartment or high-density multifamily development. A 30-unit apartment project was previously planned for the site in the 1990s. Essential utilities are already located nearby the street, with county power available at the street, water available at the northeast corner, and sewer connection at the northwest corner. The land features gently sloping, buildable terrain with mature trees, and offers a prime, walkable location close to local dining favorites, shopping, and public transportation, with easy highway access nearby. El Dorado County continues to see strong demand for quality housing as Sacramento area workforce migration trends toward the foothills, and high density developments in the area demonstrate solid rental strength. This versatile, ready to develop parcel is perfectly positioned for investors and developers looking to capitalize on the area's growing housing demand.
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Additional Information
- Land Area (Acres)
- 1.67
- Subtype
- Residential Acreage
- Zoning
- R2
- Current Use
- See Remarks
- Development Status
- Raw Land
- Vegetation
- Trees Few
- Road Frontage
- City Street
- Additional Living Unit
- No
- Irrigation
- None
- Special Conditions
- None
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Listing courtesy of Wesely & Associates.
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 2026 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 .