$1,465,000

320 Taylor Road Newcastle, 95658

5 Beds | 2 Full Baths | 3,566 SqFt | 0.6 Acres

An exceptional and rare investment opportunity in the heart of Newcastle! This unique property includes two adjacent parcels being sold together: 320 Taylor Road, featuring three separate single-family residences on one lot, plus the neighboring 350 Taylor Road, a vacant lot. Both properties are zoned Mixed Use - tremendous potential for investors, developers, or owner-users alike. All three homes at 320 Taylor Road are currently leased to a single tenant, generating $8,500/month in gross rental income - providing immediate, stable cash flow from day one. The adjacent vacant lot at 350 Taylor Road offers additional development potential, whether for additional residential units, commercial space, or a combination of both. This property is Ideally situated with quick and convenient access to Highway 80, and outdoor enthusiasts will love being just minutes from the North Fork of the American River and Folsom Lake. The location also places you close to local shops, restaurants, and everyday amenities. Whether you're looking for a property with multiple homes for you and your family, to expand your investment portfolio, capitalize on the existing rental income, or explore the development possibilities that Mixed-Use zoning affords, this is a truly versatile property in one of Placer County's most charming and well-connected communities. Please do not disturb tenants. All showings by appointment only.
Primary
Property Subtype:
3+ Houses on Lot
Bedrooms:
5
Full Bathrooms:
2
Acres:
~ 0.61
Approximate Square Footage:
3,566
House Faces:
South
Lot Square Footage:
26,576
Stories:
2
Property Condition:
Updated/Remodeled
Year Built:
1920
Community
County:
Placer
HOA Dues:
$0
Zoning:
C2-DC
Features
View Description:
Forest, Woods
Window Features:
Dual Pane Partial
Air Conditioning:
Ceiling Fan(s), Central, Ductless
Floor Covering(s):
Concrete, Tile, Wood
Garage:
RV Access, Uncovered Parking Spaces 2+
Laundry Description:
Inside Room
No. Of Fireplaces:
1
Exterior
Exterior Features:
Fire Pit
Construction:
Fiber Cement, Stucco, Wood
Foundation:
Raised, Slab
Roof Description:
Composition
Site Description:
Dead End, Landscape Back, Landscape Front, Landscape Misc
Style Description:
Craftsman
Utilities
Domestic Water:
Public
Electric:
220 Volts in Laundry
Heat:
Central, Ductless, Gas
Irrigation Water:
Public District
Utilities:
Electric, Sewer In & Connected, Natural Gas Connected
Schools
Elementary School District:
Newcastle Elementary
Middle School District:
Newcastle Elementary
High School District:
Placer Union High
Listing
Listing Number:
561073345
Listing Office Name:
Future Homes and Real Estate

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Listing information last updated on April 21, 2026, 11:45 am PDT