$545,000
SOLD AUG 21, 2025

175 Elvies Ln Folsom, CA 95630

1.25 Acres
$436,000 Price per Acre
54,450 Sq Ft Lot

Recently Sold

13% Below List Price

42 Days on Market

Highlights

  • Lake Front
  • Marina View
  • Adjoins Government Land
  • Folsom Hills Elementary School Rated A
  • Gated Community
  • Cross Fenced

About This Lot

As of August 2025

Incredibly rare opportunity to build on Folsom Lake with beautiful lake views. Surrounded by acres of BLM land (government owned land with no development), this incredible setting offers panoramic views of Folsom Lake and the Sierra Foothills. A gate is being installed on Elvies, which will add privacy and security. At 1.25 acres with a gentle upslope and Oak Trees in the front corner, this is an opportunity to create something truly special. Have your boat on the lake within minutes of leaving your home, explore the lake trails, or simply relax on your patio/balcony and take in the peaceful surroundings. All while being minutes from Folsom shopping and dining. All utilities are at the site already. Grading & engineering plans available along with arborist reports for significant time and cost savings. Sacramento County location with lower fire insurance rates, SMUD electricity rather than PG&E, and all public utilities. If you are looking for something special, this is it. A one of one opportunity in Folsom to create your dream home on a vacant lot overlooking the lake.

Last Agent to Sell the Property

Keith Gilbert

Focus Real Estate License #01949988 Listed on: 04/25/2025

Last Buyer's Agent

Ben Bondaruk

RE/MAX Gold El Dorado Hills License #01954285

Property Details

Property Type

  • Land

Lot Details

  • 1.25 Acre Lot
  • Lake Front
  • Adjoins Government Land
  • Cross Fenced
  • Barbed Wire
  • Few Trees
  • Possible uses of the property include Residential
  • Property is zoned R-1-ML, 2nd Unit Possible,Residential,Livestock

HOA Fees

  • $122 Monthly HOA Fees

Property Views

  • Marina
  • Lake
  • Panoramic
  • Ridge
  • Hills
  • Forest
  • Garden

Utilities

  • Underground Utilities
  • Natural Gas Connected

Listing and Financial Details

  • Assessor Parcel Number 071-1940-008-0000

Community Details

Overview

  • Association fees include ground maintenance
  • Mandatory home owners association

Security

  • Gated Community

Recreation

  • Access to stream, creek or river

Property Details

Property Type

Land

Lot Details

0

HOA Fees

$122 per month

Listing Details

  • Property Type: Land
  • Property Subtype 1: Residential Lot
  • Primary Residence: None
  • Special Features: None
  • Property Sub Type: LotsLands
  • Stories: 0

Exterior Features

  • Other Structures: None
  • Disclosures/Documents: Preliminary Title Report, Architectural Plans, Building Plans, CC&Rs, Engineering Report, Natural Hazard Disclosure Available
  • Fencing: Barbed Wire, Cross Fenced
  • Frontage Type: Borders Government Land, Lakefront
  • Home Warranty: No
  • Horse Property: No
  • Listing Price: 625000.00
  • Lot Features: Lake/River Access
  • New Construction: No
  • Pool: No
  • Road Frontage: City Street
  • Road Surface Type: Paved
  • Spa: No
  • Topography: Lot Sloped,Gently Sloped,Level,Lot Grade Varies,Lot Sloped,Gently Sloped,Level,Lot Grade Varies
  • View Description: Panoramic, Ridge, Forest, Garden/Greenbelt, Hills, Water, Lake, Marina
  • Additional Living Units: No

Utilities

  • Sewer: Public Sewer
  • Utilities: Public, Sewer Available, Natural Gas Connected, Sewer Connected & Paid, Underground Utilities, Water Connected
  • Electric: Electric Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 366
  • Association Fee Frequency: Quarterly
  • Association Fee Includes: Maintenance Grounds, Other
  • Association: Yes
  • Community Features: Security Gate
  • Senior Community: No

Association/Amenities

  • Mandatory Association: Yes

Fee Information

  • Land Lease: No

Schools

  • Senior High School District: Folsom-Cordova

Lot Info

  • Zoning: R-1-ML
  • Crops: None
  • Current Use: Vacant
  • Development Status: Raw Land, Building Plans Filed, Topography Map Available, Other
  • Zoning Description: 2nd Unit Possible,Residential,Livestock
  • Irrigation: None
  • Lot Size Acres: 1.2500
  • Lot Size Sq Ft: 54450.00
  • Possible Use: Residential

Multi Family

  • Income Includes: ["None"]

Tax Info

  • Assessor Parcel Number: 071-1940-008-0000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 25, 2025
Closed on
Aug 19, 2025
Sold by
Hamilton Family Trust and Hamilton Dennis M
Bought by
Maehr Christopher Michael and Maehr Linsey Jane
Seller's Agent
Keith Gilbert
Focus Real Estate
Buyer's Agent
Ben Bondaruk
RE/MAX Gold El Dorado Hills
List Price
$625,000
Sold Price
$545,000
Premium/Discount to List
-$80,000
-12.8%
Views
64
Current Estimated Value
$563,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,000
Avg. Annual Appreciation
7.85%
Original Mortgage
$1,502,800
Outstanding Balance
$1,500,190
Interest Rate
6.72%
Mortgage Type
New Conventional
Estimated Equity
-$937,190

Purchase Details

Listed on
Sep 17, 2019
Closed on
Nov 15, 2019
Sold by
Scambray Eugene
Bought by
Hamilton Dennis M and Hamilton Michelle D
Seller's Agent
Ryan Gehris
Unreal Estate Brokerage Inc.
Buyer's Agent
Keith Gilbert
Focus Real Estate
List Price
$649,900
Sold Price
$575,000
Premium/Discount to List
-$74,900
-11.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.93%
Original Mortgage
$402,500
Interest Rate
5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 27, 2019
Sold by
Scambray Carolyn
Bought by
Scambray Eugene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$369,500
Interest Rate
5.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 24, 2019
Sold by
Scambray John V and Scambray Stacey L
Bought by
Scambray Eugene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$369,500
Interest Rate
5.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Dec 2, 2016
Closed on
Jan 10, 2017
Sold by
Pruett Scott D
Bought by
Scambray John V and Scambray Stacey L
Seller's Agent
Jerry Bernau
Bernau Realty
Buyer's Agent
Jerry Bernau
Bernau Realty
List Price
$399,000
Sold Price
$400,000
Premium/Discount to List
$1,000
0.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.86%
Original Mortgage
$360,000
Interest Rate
4.08%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Dec 22, 2008
Sold by
Pruett Scott D
Bought by
Pruett Scott D
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Type Sale Price Title Company
Grant Deed $545,000 First American Title Company
Grant Deed $575,000 Placer Title Company
Interfamily Deed Transfer -- Chicago Title Company
Grant Deed $550,000 Chicago Title Company
Grant Deed $400,000 Placer Title Company
Interfamily Deed Transfer -- Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,502,800 New Conventional
Previous Owner $402,500 New Conventional
Previous Owner $369,500 Adjustable Rate Mortgage/ARM
Previous Owner $360,000 Seller Take Back
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/21/2025 08/21/25 Sold $545,000 -12.8% --
06/06/2025 06/06/25 Pending -- -- --
04/25/2025 04/25/25 For Sale $625,000 +8.7% --
11/22/2019 11/22/19 Sold $575,000 -11.5% -- View Prior Sale
09/21/2019 09/21/19 Pending -- -- --
09/17/2019 09/17/19 For Sale $649,900 +62.5% --
01/17/2017 01/17/17 Sold $400,000 +0.3% -- View Prior Sale
12/03/2016 12/03/16 Pending -- -- --
12/02/2016 12/02/16 For Sale $399,000 -- --
Source: MetroList

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $6,718 $628,845 $628,845 --
2024 $6,718 $616,515 $616,515 --
2023 $6,599 $604,427 $604,427 $0
2022 $6,502 $592,576 $592,576 $0
2021 $6,416 $580,957 $580,957 $0
2020 $6,337 $575,000 $575,000 $0
2019 $4,600 $416,160 $416,160 $0
2018 $4,486 $408,000 $408,000 $0
2017 $1,211 $115,803 $115,803 $0
2016 $1,266 $113,533 $113,533 $0
2015 $1,223 $111,828 $111,828 $0
2014 $1,161 $109,638 $109,638 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 225052501

MetroList

APN: 071-1940-008