64 Lots For Sale - Rancho Codova
Sacramento County, Ca

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LOCATION:  This property lies within an existing master planned community known as Sunridge Park in the City of Rancho Cordova which was named as an All-American finalist city, a high profile honor that recognizes communities that address issues from crime to economic development.  Rancho Cordova is located 90 minutes east of San Francisco and 65 minutes south west of Lake Tahoe and only minutes from Sacramento, Roseville, and Rocklin.  The City’s master plan calls for over 28,000 homes, 25-30 schools, and 300 acres of commercial centers over the next 25 years.       

INGRESS & EGRESS:   Highway 50 & Highway 16, two major highways, currently are used by Rancho Cordova’s residents to access the nearby cities of Sacramento, Roseville, Rocklin, Elk Grove, Folsom, and El Dorado.

PROPERTY: This subdivision known as Bacarra has sixty - four (64) finished lots on Katahdin Dr & Canyonlands Dr. and range in size from 5,775 to 10,048 square feet.  Bacarra lies in the city’s path of growth which is east of Sunrise Blvd. and south of Douglas Rd. This property is surrounded by newly built homes.  Attached you will find all approximate fees to build homes on the finished lots.

Highlights:

• Rancho Cordova was named as an All-American
  finalist city
• Lots located in an existing master planned community
• Minutes from Sacramento, Roseville, Rocklin, Elk Grove, Folsom, and El Dorado
• Fully finished lots, ready to pull building permits

INVESTMENT VALUE: At the peak of the residential market, these finished lots were valued at over $135,000 per lot.  The purchase price of $45,000 per lot is basically one third of the value at the peak of the market and very close to the improvement cost for each lot.

COMMENTS: The City of Rancho Cordova is expected to experience a substantial amount of growth during the General Plan planning time frame.  The Planning Area has a projected buildout of 126,241 housing units for a buildout population of 310,568 persons.  SACOG’s Blueprint has projected population of 332,000 persons, 112,290 housing units, and 144,406 jobs for the region by the year 2050. While the area defined as the Rancho Cordova Community by SACOG does not precisely match the General Plan Planning Area, it is within range to approximate the SACOG anticipated growth for the area. Using the 1990 Census information and 2000 as the base year, SACOG projects that housing within the Rancho Cordova Community will increase from 37,757 dwellings to 54,148 by 2020.  Population within the area is projected to increase from 96,099 to 136,284 by 2020. And finally, employment within the area is projected to increase from 87,093 to 125,954 by 2020. The increase in these numbers is largely attributable to new development that would occur on lands east of Sunrise Boulevard and south of Highway 50.

PRICE:  $2,240,000  ($35,000 per finished lot).

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For more assistance on this property, please fill out our contact form or call us at (530) 671-2770.

Property Views

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Location

Location

Subject Area

Subject Area

Ideal Location

• Nearby Cities
  • Folsom, Fair Oaks, Carmichael, Elk Grove, Sacramento, El Dorado Hills

Source: Google Maps

• Recreation
  • Over 10 miles of American River Parkway access
  • Lake Natoma and Lake Folsom within 10 miles
  • Rafting, Fishing, Hunting, Horseback Riding, Swimming, and more - all right here!