Location, Location, Location: Tips for Storing Web Site Files
Subject:   Re: Try this...
Date:   2003-05-19 17:06:34
From:   icalshare
Response to: Try this...

There's no problem with setting the document root for a VirtualHost outside of your default web root. (That's sort of the point of Option 3.)

That said, if you're getting a 404 error, it's probably a different issue.