102 Ping Lane is a 7.18 AC parcel partially surrounded by the Eagle River and adjacent to Grand Avenue. The property is located in the center of the Town of Eagle within walking distance of Eagle's historic downtown district, home to a wide variety of businesses, restaurants, bars, shops, and world-class recreation.

Rural Residential (RR-1) zoning is intended to enable low-density development, such as single-family homes and duplexes, allowing up to four dwelling units per acre. Additionally, each home is permitted to construct an accessory dwelling unit (ADU) and/or an accessory detached structure, such as a shop or freestanding garage.

The Town of Eagle is currently working on improving the Grand Avenue corridor from Eby Creek Road to Sylvan Lake Road. This transformational project aims to enhance mobility across the town, creating interconnectivity between major destinations within walking distance of Eagle's downtown commercial core. The project will include the expansion of Grand Avenue from two lanes to four lanes, the addition of a center median, separated bicycle / pedestrian lane, and new transit stops. Upon completion, the project will improve safety for all users, reduce traffic congestion, and foster economic growth of the town.