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6400 Mt Murphy Road
Garden Valley, CA 95633
Rich Johnson with Hayden Outdoors Real Estate, original listing - (970) 674-1990
$350,000
Conventional
Property
Bedroom
--
Bathroom
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Property Type
Conventional
Square ft
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Property Description
American View Estate is a 103.5-acre property located in Garden Valley, El Dorado County on the Georgetown Divide. Perched high above the South Fork of the American River, the property provides expansive views of the Marshall Gold Discovery State Historic Park, the communities of Coloma and Lotus, and surrounding Sierra Nevada Foothills. This unique property features a leveled home site, 300-foot water well, and rolling upland meadows dotted with rocky outcroppings, mature oaks, pines, and variety of native shrubs. Several seasonal streams traverse the property towards the river including Gambler Creek and Little Gambler Creek. The property provides an excellent opportunity to build your dream home on view acreage. This land includes rich habitat for a variety of wildlife and supplies a wide range of opportunities for the outdoor enthusiast. The South Fork of the American River and its branches and tributaries are a short drive away providing white water rafting adventures and tremendous flyfishing opportunities. In addition to the Marshall Gold Discovery State Historic Park, the Auburn State Recreation Area is only minutes away providing access to over 100 miles of hiking and equestrian trials including the Western States Trail, as well as Class IV and V whitewater rafting and kayaking along the North and Middle Forks of the American River. The Sierra Nevada and Foothills provide endless outdoor recreation activities including gold prospecting, hiking, biking, camping, hunting, fishing, boating, wine tasting, dining, golfing, winter snow sports, summer water sports and everything in between are found in every direction. A sportsperson's paradise with endless year-round recreational opportunities. Sitting at just over 1,600 feet in elevation, the area provides excellent climate and weather for visitors and year-round residents. The quaint mountain and foothill towns nearby provide ample amenities including restaurants, breweries, shopping, farmers' markets, and artisan crafts. The foothill and mountain communities of El Dorado County and nearby Placer County, provide year-around delight and adventure. Within a 30 minute drive to the cities of Auburn to the north and Placerville to the south along Highway 49, the landscape is rich in California history. The State Capital of Sacramento as well as the Sacramento International Airport is only 1 hour away via I-80 or US HWY 50 westbound, and to the east, the high mountain passes of the Sierra Nevada and the Lake Tahoe basin .
Property Information
Lot Size
103 acre(s) square ft
Property Type
Land-Other
Year Built
--
MLS Number
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Location
Address
6400 Mt Murphy Road
City
Garden Valley
State
CA
Zip Code
95633
County
EL DORADO
Listing
Name
Phone
(970) 674-1990
Office Name
Office Phone
(970) 674-1990
Agent Name
Rich Johnson
Agency Phone
(970) 674-1990

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As the market settled after the mortgage meltdown foreclosure listings also settled and fewer homes were on the market with a placard reading “Bank Foreclosure” in big red lettering. This was a good thing for the entire real estate market. Having an abundance of foreclosures brings the entire market down and it makes it harder for home owners, who would like to move, to get the appropriate price for their home as a similar home down the same street was sold for substantially less and the appraiser is using the foreclosure as a comparable sale. This is just one of the problems when there are too many foreclosure listings in any area. Another issue is the television set that sits in everyone’s living room harping about the price of homes based on the number of foreclosures and this constant barrage of negative information makes most people sit on the sidelines waiting for the market to either implode completely or to correct itself. Meanwhile while they wait, others are buying foreclosure listings and making great investments. Whatever the reason, a market can only handle so many foreclosure listings at any given time. The more foreclosures, the lower the market gets and this is a lesson the banks that were foreclosing and selling off realized too late. The market and their investments would have been better off if there had not been a rush to divest themselves of the toxic assets made more toxic by their own actions.