$1,200,000
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.
2,025
SqFt.
⋅
226100125
MLS
1781 Springvale Road, Placerville
Listing courtesy of eXp Realty of California Inc..
