Introducing Placerville Heritage Homes, a prime residential development opportunity located near the intersection of Ray Lawyer Dr. & Hwy 50 in Placerville, CA. Offered at $550,000, this 3.61-acre parcel includes an approved Tentative Map for 20 single-family homes and may also qualify for a density bonus, allowing up to 24 units per acre. Based on the buildable acreage, this creates the potential for up to 35 multifamily units. The property's strategic location offers convenient access to Hwy 50 and Placerville Dr., ideal for a housing project. With floor plans ranging from 1,450 to 2,300 sq ft, these zero lot line homes are thoughtfully designed to maximize views, featuring 3-4 bedrooms, 2-3 ½ baths, and 2-3 stories. Surrounded by a well-established business corridor, the area sees high traffic flow with over 16,000 daytime employees within 3 miles. The property is also near major retailers, schools like El Dorado High School, and popular attractions like El Dorado County Fairgrounds and Placerville Speedway. Don't miss the chance to invest in Placerville Heritage Homes and be part of this thriving community!