Out With the Old - In With the New. This is an unusual approved multiple unit construction project approved by TRPA and Placer County to remove 5 old structures and build 5 new individual residential homes, with new infrastructure, paved access road and parking. Buyer/Investor can set the level of quality based on their investment plans. Homes can be used for employee housing, long-term rentals, guest housing, or a great family compound. Amenities include a short walk to access to the lake, filtered lake view, current rental income, close to the paved bike trail, an easy drive to Homewood Ski Area, great access to hiking and mountain adventures.