$1,300,000

1200 Gold Hill Road, Newcastle, Ca 95658

  • 2 Beds
  • 2 Baths
  • 1,352 Sqft
  • 2
    Views for last 30 days
  • MLS#226031011

About the Property

This 11.4-acre property in the Gold Hill area of Newcastle offers a streamlined development opportunity with clear potential to split into two estate-sized parcels, aligning with the 4.6-acre minimum requirements. Ideal for a small-scale developer or builder, the site supports a strategic two-lot configuration, each capable of accommodating a primary residence, ADU, and accessory structures such a
This 11.4-acre property in the Gold Hill area of Newcastle offers a streamlined development opportunity with clear potential to split into two estate-sized parcels, aligning with the 4.6-acre minimum requirements. Ideal for a small-scale developer or builder, the site supports a strategic two-lot configuration, each capable of accommodating a primary residence, ADU, and accessory structures such as a shop or barn—creating strong resale or end-user appeal in the luxury rural market.
The property benefits from significant existing infrastructure, including multiple wells and a 4-inch NID main delivering approximately 36,000 gallons per day, substantially reducing upfront utility costs and complexity. Electricity and an existing septic system are already in place, allowing for a more efficient path to development. The presence of these key utilities can also be advantageous when pursuing construction financing, as lenders often view improved sites more favorably due to reduced development risk and cost. Financing terms and qualifications will vary and are dependent on each individual buyer’s financial profile, lending guidelines, and overall project scope.
The current manufactured home can be removed, offering flexibility in site planning and positioning for optimal layout and views. Each potential parcel features usable, irrigated land enhanced by mature, producing olive trees, providing both aesthetic value and potential supplemental income. The original homesite captures expansive sunrise and sunset views, offering an ideal setting for a high-end build. Additionally, the existing 100+ year-old barn, equipped with water, electricity, and a tack room, presents an opportunity for adaptive reuse or added value as an amenity feature.
For developers, this is a rare chance to execute a two-lot luxury build strategy with strong infrastructure already in place, agricultural tax advantages, and a distinctive setting that blends Tuscan-style appeal with Northern California ranch living—positioning the project for premium end-user demand.
  • Property type

    Land

  • Year built

    1999

  • Price/sqft

    $961

Features

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1200 Gold Hill Road , Newcastle, CA 95658, California, United States View on Google Maps
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Alexandra Richards

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Alexandra Richards
California, United States
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1
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2025
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Vista Sotheby's International Realty
Vista Sotheby's International Realty
1004 White Rock Rd. Suite 400, 95762, El Dorado Hills, California, United States
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Last updated
July 29
First listed
Mar 16
Listing reference
NSW5N7
Contract status
Contract Pending
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