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South Shingle Road
Mother Lode Drive
North Star Drive
Sunset Lane
Ponderosa Road
Highway 50
N
137
Highway 50 Commercial Development Site near Cameron Park Country
Club, Shingle Springs, California
PUBLISHED RESERVE: $399,000
LAST ASKING: $799,000
SIZE: 12.86± Acres
ZONING: General Commercial (CG) and Residential (R1A)
PROPERTY INSPECTION: At Any Time
FINANCING: None – All Cash
DESCRIPTION: This 12.86± acre bank-owned development site along Highway 50, located in Shingle
Springs, is 40 miles east of Sacramento, and near the historic gold country town of Placerville. The
property has good visibility from U.S. Highway 50 and is located along the east side of Ponderosa
Road, north of Highway 50. Cameron Park Country Club and Green Valley Oaks Golf Course are
located near the property. Cameron Park, Bass Lake, and the growing residential communities of El
Dorado Hills and Folsom are also all nearby.
The bulk of the property is zoned General Commercial. The General Commercial zoning supports
a variety of retail, office and light industrial development. A small portion of the site is zoned
residential, is steeply-sloped, and is considered best-suited as open space.
This irregular shape property is comprised of nine tax lots, and has a level to slightly rolling
topography. Net developable acreage is estimated at 9.55 acres, and includes the proposed easement
to allow access from Mother Lode Drive. In 2009, a boundary line adjustment was approved by El
Dorado County to merge the commercially-zoned lots into five development parcels ranging in size
from 1.13± acre to 3.01± acres. The approval expired in 2010 and would likely be approved again if
resubmitted to El Dorado County.
The property has access to all utilities, but utilities will need to be extended to the property. See
Supplemental InformationPackage forproposedboundary line adjustment, survey, zoning information,
estimated cost to extend utilities and construct access road, and Phase I Environmental Assessment.
LOCATION: 4351 and 4331 Sunset Lane, Shingle Springs, CA APN’s: 090-031-03 through 08 and 20.
090-060-16 and 17
SEALED BIDS DUE NO LATER THAN 5:00 PM, NOVEMBER 15, 2016
Please Note:
Sketch plan
is conceptual
only. Neither
the Seller nor
its agents have
submitted plan
or made any
applications to a
public agency.