175 Elvies Lane, Folsom, CA

$725,000

54,450

Square feet

1.25

Acres

About 175 Elvies Lane

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**

Facts & Features

MLS® # 224038463
Price $725,000
Square Footage 54,450
Acres 1.25
Type Land
Sub-Type Residential Lot
Status Active

Community Information

Address 175 Elvies Lane
Area 10630
City Folsom
County Sacramento
State CA
Zip Code 95630

Amenities

Utilities Public,Underground Utilities,Water Connected,Natural Gas Connected

Exterior

Lot Description Lake/River Access

School Information

District Folsom-Cordova
Elementary Folsom-Cordova
Middle Folsom-Cordova
High Folsom-Cordova

Additional Information

Zoning 2nd Unit Possible,Residential,Livestock
Foreclosure No
Short Sale No
RE / Bank Owned No
HOA Fees 366
HOA Fees Freq. Quarterly

Listing Details

OfficeFocus Real Estate

Listing Map

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