3240 United Drive, Cameron Park, CA 95682

Property Description

Discover the perfect blend of opportunity and charm with this rare half-acre property in the heart of Cameron Park, it's ready for development with the capacity to build up to twelve units. The property allows for construction high enough to capture stunning lake views, adding even more value to its development potential. With the ability to generate substantial rental income, this property offers a lucrative opportunity for both investors and developers alike. Additionally, there are six permitted water meters, which not only add value but also save time, reduce upfront costs, and enhance the appeal for developers or buyers. Set in a thriving community, this property is surrounded by amenities that truly set Cameron Park apart. Imagine living near Cameron Park Lake, a scenic ten-acre lake featuring walking trails, picnic areas, and playgrounds. Fishing enthusiasts will appreciate the lake, which is regularly stocked with bluegill, black bass, and black crappie. For outdoor lovers, beautiful parks, hiking trails, and camping spots are just minutes away. Aviation enthusiasts will be thrilled by the unique private airport, where residents can park their planes right in front of their homes An amazing location with top-rated schools! **Each of the water EDU's on your parcel is worth $34,886 in FCC's (connection fees). This means in total, you have $209,316 worth of water FCC's today. I took the current value of 1 EDU (see attached) and subtracted $325 as the Line & Cover 3 surcharge was not paid. **Each of the sewer EDU's on your parcel is worth $14,377 in FCC's (connection fees). This means in total, you have $86,262 worth of sewer FCC's today. **I've attached the FCC Schedule for your review. When/if this development is ever complete and ready for water meters/sewer services. The then-current owner will need to pay any new surcharges not paid for in the original purchase as well as any meter hardware costs due. Please let me know if you need any further information. Thank you,