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Erik Nelson

erik@mcgrailteam.com +1(916) 765-8124

$ 1,250,000

Est. payment | -/mo

2,025 SqFt

Save

$ 1,250,000

Est. payment | -/mo

Save

2,025 SqFt

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,025 sqft

Price per Sqft $617

MLS Listing ID 226100125

HOA Y/N No

Year Built 1930

Lot Size 10.270 Acres

Acres 10.27

Property Sub-Type Triplex

Source MLS Metrolist

Property Description

Permitted three houses on the lot: Main house with 3 bed/2 bath, ADU with 1 bed/1 bath, and a pool house, which is a studio with a bath (refer to attached building plans). There is also a pool structure with a separate bathroom. Exceptional opportunity to create a luxury short-term rental, wedding venue, event center, or private multigenerational estate. There is a potential 18.5% pro forma cap rate (refer to the attached OM) This fully remodeled 10-acre property features three separate residences, including a main home and two detached guest suites, with accommodations for up to 16 guests. The centerpiece of the property is an extraordinary 150,000-gallon swimming pool, one of the largest residential pools in the county. Adjacent to the pool is a dedicated bathroom, making it ideal for entertaining, private events, and weddings. The expansive grounds offer endless possibilities for outdoor ceremonies, receptions, and gatherings. A large barn provides additional flexibility and can be converted into guest accommodations, an entertainment space, a bar, a workshop, or continue to serve as storage. A substantial solar system helps reduce operating costs while complementing the property's sustainable design. Whether you're looking to build a thriving hospitality business or enjoy a private estate with income-producing potential, this unique property offers exceptional versatility. The expansive 10 acres create a peaceful retreat while still providing convenient access to hiking, biking, fishing, nearby parks, and Red Hawk Casino.

Location

State CA

County El Dorado

Area 12604

Direction From 50 take N Shingle Rd. turn onto Green Valley Road to Lotus Rd and left onto Sprinvale Rd

Rooms

Other Rooms Unit-1 Type: Apartment Approx SqFt: 1652 Bedrooms: 3 Full Baths: 2 Occupancy: Vacant SqFt Source: Owner Unit-2 Type: Apartment Approx SqFt: 416 Bedrooms: 1 Full Baths: 1 Occupancy: Vacant SqFt Source: Owner Unit-3 Approx SqFt: 332 Full Baths: 1 SqFt Source: Owner

Interior

Heating Varies by Unit

Cooling Varies by Unit

Flooring Carpet, Tile, Laminate

Laundry Varies by Unit

Exterior

Parking Features Open, Covered, RV Storage, Uncovered

Utilities Available Other

Water Access Desc Well

Building

Lot Description Shape Regular

Story 1

Foundation Raised

Sewer Septic System

Water Well

Schools

Elementary Schools Gold Trail Union

Middle Schools Gold Trail Union

High Schools El Dorado Union High

School District El Dorado

Others

Senior Community No

Tax ID 102-140-005-000

Special Listing Condition None

Listed by eXp Realty of California Inc.

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+1(916) 765-8124

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1891 E. Roseville Parkway Suite 180, Roseville, CA, 95661

1781 Springvale RD Placerville, CA 95667