175 Elvies Ln Folsom, CA 95630
Estimated payment $4,104/month
Highlights
- Lake Front
- Marina View
- 1.25 Acre Lot
- Folsom Hills Elementary School Rated A
- Gated Community
- Adjoins Government Land
About This Lot
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.
Property Details
Property Type
- Land
Est. Annual Taxes
- $6,718
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
- Septic System
Listing and Financial Details
- Assessor Parcel Number 071-1940-008-0000
Community Details
Overview
- Association fees include ground maintenance
- Mandatory home owners association
Recreation
- Access to stream, creek or river
Additional Features
- Net Lease
- Gated Community
Map
Home Values in the Area
Average Home Value in this Area
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 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 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% | -- |
| 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% | -- |
| 12/03/2016 12/03/16 | Pending | -- | -- | -- |
| 12/02/2016 12/02/16 | For Sale | $399,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | 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 |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $402,500 | New Conventional | |
| Previous Owner | $369,500 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $360,000 | Seller Take Back |
Source: MetroList
MLS Number: 225052501
APN: 071-1940-008
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