2545 Greenwood Ln, Cameron Park

$262,000

0 Beds
0 Baths
38,259 Sqft
.88 Acres
0 Garages

HUGE PRICE REDUCTION! EXCELLENT VALUE on this very buildable MULTI-FAMILY lot. A flat parcel with only 5 oak trees mostly at the very edges. Fenced and gated. Current density allows for 21 units meaning less than $12,500 land cost per unit lot. TIM fees reduced to $12,877 effective 7/15/19. Affordable housing can reduce even more and age restricted TIM fee is only $5,192 now! Plus, density bonus can be earned possibly allowing for up to four more units. Check with county on density bonus ordinance. Rents are increasing and virtually no rental inventory. County is eager to get housing developed outside of EDH. Construct studios/one bedroom units!

Essential Information
MLS® #19049336
Price$262,000
Square Footage38,259
Acres0.88
TypeLand
Sub-TypeResidential Acreage
StatusActive
Community Information
Address2545 Greenwood Ln
Area12601
CityCameron Park
CountyEl Dorado
StateCA
Zip Code95682
Exterior
Lot DescriptionBuyer to verify
School Information
DistrictEl Dorado
ElementaryBuckeye Union
MiddleBuckeye Union
HighEl Dorado Union High
Additional Information
ZoningMFR - RM
Listing Details
OfficeCapital Valley Realty Group
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Listing information last updated on February 27th, 2020 at 10:22am PST.