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Multi-Family

Creekside Development

Sabana Dr, Cameron Park, CA 95682

Listing Price: $1,500,000

Lot Size
4.34 acres
Price/Acre
$345,622
Land Type
Land
Buildable Square Feet
45,285

Investment Overview

The offering consists of a commercial parcel of land totaling 4.34 acres in Cameron Park, California. Known as the Creekside Development, the parcel is located along Cameron Park Drive, next to the Goldorado Shopping Center (intersection of Hwy 50 and Cameron Park Drive). Creekside Development is a planned mixed-use development consisting of 36 residential units and over 13,600-square feet of retail. Additionally, there have been discussions with the county to rezone the whole parcel for multi-family only. One of the main features of this development is a natural creek running through the project site, which provides not only beautiful views, but also provides a natural separation between the residential and commercial areas. As part of the proposed site development, roadway construction is also included to provide direct access from Cameron Park Drive to the commercial side of the project site. El Dorado County DOT is scheduled to increase width of roadway and additional lanes along Cameron Park Drive to Hacienda Road at project corner. The last of the environmental review is scheduled to be completed within a few months. Once completed it will be ready for planning approval and building review. The project is currently in the preliminary design development phase, with the following items completed: • Site Survey - All Easements and Existing Oak Tree Location have been Identified • Oak Tree Assessment - Oak Tree Mitigation Measures have been Proposed • El Dorado County Pre-Application Review - Overall Project Scope has been Approved • Traffic Impact Study Report - Currently Under Review by the County Planning Department • Construction Drawings - In Process • Project Conforms with Current Zoning Requirements - Approval without Design Review is Expected • For the Residential Portion of the Project - All Architectural, Civil, Structural, MEP’s and Landscape Plans have been Completed Located 1/3 of a mile from Highway 50, the project is supported by numerous commercial, single-family, and multi-family dwellings. Directly southeast of the property is a stand-alone Walgreens. Next to Walgreens is the Goldorado Shopping Center with tenants including CVS, Anytime Fitness, AutoZone, Bel Air Grocery, Wells Fargo Bank, Jiffy Lube, KFC, Pete’s Coffee, The UPS Store, and Papa Murphy’s. East of the project is the Eskaton Lodge Assisted Living Facility, Ponte Palmero Retirement Community, Cameron Park Village Apartments, and the El Dorado Community Health Centers (Cardiology, Endocrinology, Urology). Northeast of the property is 140-acres of land owned by the Bureau of Land Management. All other sides of the property are surrounded by single-family homes including the Cameron Airpark Estates and the Cameron Park Country Club. The community of Cameron Park is located in the foothills of El Dorado County, on the west slope of the Sierra Nevada along U.S. Highway 50, about 30 miles east of Sacramento, California. The community is home to about 19,000 residents and covers an area of about 8.3 square miles.

Investment Highlights

  • 1/3 Mile from Highway 50 along Cameron Park Drive
  • Adjacent to Goldorado Shopping Center (Bel Air, Walgreens, CVS, Etc.)
  • Mixed-Use Development (36 Residential Units with 13,600 Square Feet Commercial)

Exclusively Listed By

Multi-Family

Creekside Development

Listing Price: $1,500,000

Lot Size
4.34 acres
Price/Acre
$345,622
Land Type
Land
Buildable Square Feet
45,285

Investment Highlights

  • 1/3 Mile from Highway 50 along Cameron Park Drive
  • Adjacent to Goldorado Shopping Center (Bel Air, Walgreens, CVS, Etc.)
  • Mixed-Use Development (36 Residential Units with 13,600 Square Feet Commercial)

Investment Overview

The offering consists of a commercial parcel of land totaling 4.34 acres in Cameron Park, California. Known as the Creekside Development, the parcel is located along Cameron Park Drive, next to the Goldorado Shopping Center (intersection of Hwy 50 and Cameron Park Drive). Creekside Development is a planned mixed-use development consisting of 36 residential units and over 13,600-square feet of retail. Additionally, there have been discussions with the county to rezone the whole parcel for multi-family only. One of the main features of this development is a natural creek running through the project site, which provides not only beautiful views, but also provides a natural separation between the residential and commercial areas. As part of the proposed site development, roadway construction is also included to provide direct access from Cameron Park Drive to the commercial side of the project site. El Dorado County DOT is scheduled to increase width of roadway and additional lanes along Cameron Park Drive to Hacienda Road at project corner. The last of the environmental review is scheduled to be completed within a few months. Once completed it will be ready for planning approval and building review. The project is currently in the preliminary design development phase, with the following items completed: • Site Survey - All Easements and Existing Oak Tree Location have been Identified • Oak Tree Assessment - Oak Tree Mitigation Measures have been Proposed • El Dorado County Pre-Application Review - Overall Project Scope has been Approved • Traffic Impact Study Report - Currently Under Review by the County Planning Department • Construction Drawings - In Process • Project Conforms with Current Zoning Requirements - Approval without Design Review is Expected • For the Residential Portion of the Project - All Architectural, Civil, Structural, MEP’s and Landscape Plans have been Completed Located 1/3 of a mile from Highway 50, the project is supported by numerous commercial, single-family, and multi-family dwellings. Directly southeast of the property is a stand-alone Walgreens. Next to Walgreens is the Goldorado Shopping Center with tenants including CVS, Anytime Fitness, AutoZone, Bel Air Grocery, Wells Fargo Bank, Jiffy Lube, KFC, Pete’s Coffee, The UPS Store, and Papa Murphy’s. East of the project is the Eskaton Lodge Assisted Living Facility, Ponte Palmero Retirement Community, Cameron Park Village Apartments, and the El Dorado Community Health Centers (Cardiology, Endocrinology, Urology). Northeast of the property is 140-acres of land owned by the Bureau of Land Management. All other sides of the property are surrounded by single-family homes including the Cameron Airpark Estates and the Cameron Park Country Club. The community of Cameron Park is located in the foothills of El Dorado County, on the west slope of the Sierra Nevada along U.S. Highway 50, about 30 miles east of Sacramento, California. The community is home to about 19,000 residents and covers an area of about 8.3 square miles.

Exclusively Listed By

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