About Piedmont Oak Estates

First identified and zoned for high-density housing in 1986, Piedmont Oak Estates is ideally located in El Dorado County, CA—just 3 miles south of Placerville on Highway 49 and 1 mile north of Diamond Springs.

The community’s entrance will be at the new Diamond Parkway Blvd., a county-built roadway connecting Missouri Flat Road (Highway 50 exit) to Highway 49. This new infrastructure provides easy access to Sacramento, just 3 miles away via Highway 50.

Development Overview

  • Phase 1 (Approved & Ready to Build):

    • 75 single-family homes (55 patio lots & 20 premium lots)

    • 1 commercial site (20,000 sq. ft. of commercial space)

  • Phase 2 (Future Development):

    • Additional residential units & commercial space, with potential refinements based on market strategies and builder input

As construction begins on Phase 1, we will simultaneously pursue Phase 2 approvals, allowing flexibility for market-driven adjustments. The final development approach will depend on our joint venture partner or builder, who may collaborate with us or take over the full project.

Listing Information

Untitled Document
Land Sf  1,118,185
Land Acres  25.67
# Of Current Parcels  4
# Of Approved Residential Lots  75
# Phase 2 Residential Lots Not Approved 20
List Price Of Approved Res. & Comm. Lots $4,000,000
$ Per Approved Res. Lots  $42,667
List Price Of Approved Res. Lots $3,200,000
List Price Of Approved Commercial Lot $800,000
List Price Of Total Project (Approved & Not Approved) $4,000,000
Average Sqft. Size Of Cluster Lots 2,373
Average Sqft. Size Of Premium Custom Lots 7,900

Investment Opportunity

We are offering Piedmont Oak Estates for sale in multiple options:

  • Entire project

  • By phase

  • Partial sale

As the outright owners, we provide flexibility in structuring the transaction to suit the buyer’s needs.

  • Phase 1 Price: $4 million (negotiable based on buyer’s preferences and terms)

  • Financing & Terms: Considered upon request

For Inquiries, Please Contact:

Jim Davies or Terri Chang

Co-Owners
(925) 984-1222
j854davies@att.net