Piedmont Oak Estates is an approved land development allowing for as many as 95 detached residential units and 2 commercial sites. The property is located 3 miles south of Placerville on Highway 49, 1 mile north of Diamond Springs in El Dorado County, CA. The entrance to the property will be off Highway 49 at the new intersection of Diamond Parkway Blvd. The current approval is for the first phase only and includes 75 single family residential units (55 smaller lots and 20 larger lots) and 1 commercial site (for 20,000 square feet of commercial). 20 more additional residential lots and 1 more commercial lot is planned be part of the phase two approval within a year approximately. This redevelopment has a range of potential including a mix of luxury & affordable housing, build to rent units, or build and sell for huge profits. A rare opportunity to develop in a prime location with rapidly increasing value. The total property offering consists of four parcels: 051-550-040-000, 051-550-048-000, 051-550-051-000, 051-550-058-000. The exact address has not been assigned yet but 4001 Diamond Rd provides reference to map location.