$1,060,000
$1,300,000
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1200 Gold Hill RD Newcastle, CA 95658
2 Beds
2 Baths
1,352 SqFt
Key Details
Sold Price $1,060,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 1,352 sqft
Price per Sqft $784
MLS Listing ID 226031010
Sold Date 08/04/26
Bedrooms 2
Full Baths 2
HOA Y/N No
Year Built 1999
Lot Size 11.400 Acres
Acres 11.4
Property Sub-Type Single Family Residence
Source MLS Metrolist
Property Description
**Seller finance considered.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 barncreating 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 personal builders or 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 livingpositioning the project for premium end-user demand.
Location
State CA
County Placer
Area 12658
Direction From Sacramento: I-80 E towards Reno Take exit 115 for Newcastle Rd Turn left onto Newcastle Rd Turn right onto Old State Hwy Turn left onto CA-193 W Turn right onto Gold Hill Rd Turn left to stay on Gold Hill Rd Destination on right 1200 Gold Hill Rd., Newcastle, CA 95658.
Rooms
Guest Accommodations No
Master Bathroom Shower Stall(s), Jetted Tub
Master Bedroom Closet
Living Room Great Room, Other
Dining Room Dining/Living Combo
Kitchen Other Counter, Stone Counter
Interior
Interior Features Formal Entry
Heating Central
Cooling Ceiling Fan(s), Central, Wall Unit(s), Window Unit(s)
Flooring Carpet, Concrete, Simulated Wood, Tile, Wood
Equipment Dish Antenna
Window Features Dual Pane Full
Appliance Hood Over Range, Ice Maker, Dishwasher
Laundry Electric, Hookups Only, Inside Room
Exterior
Exterior Feature Built-In Barbeque, Fire Pit
Parking Features Detached, See Remarks, Other
Garage Spaces 1.0
Fence Metal, Barbed Wire, Cross Fenced, Wood, Full
Utilities Available Cable Available, Internet Available
View Pasture, Forest, Hills, Woods
Roof Type Composition
Topography Rolling,Hillside,Lot Sloped
Street Surface Asphalt,Gravel
Porch Front Porch, Covered Deck
Private Pool No
Building
Lot Description Garden, Split Possible
Story 1
Foundation Raised
Sewer Septic System
Water Water District, Well, Other
Level or Stories One
Schools
Elementary Schools Newcastle Elementary
Middle Schools Newcastle Elementary
High Schools Placer Union High
School District Placer
Others
Senior Community No
Tax ID 031-062-025-000
Special Listing Condition None
Pets Allowed Yes
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Bought with Vista Sotheby's International Realty






