Carmichael, CA 95608,3252 Panama AVE
Carmichael, CA 95608,3252 Panama AVE
Carmichael, CA 95608,3252 Panama AVE
Carmichael, CA 95608,3252 Panama AVE
Carmichael, CA 95608,3252 Panama AVE
Carmichael, CA 95608,3252 Panama AVE
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$ 299,000
Est. payment | /mo

0.36 Acres Lot


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$ 299,000
Est. payment | /mo
Save

0.36 Acres Lot

Key Details

Property Type Vacant Land

Sub Type Residential Lot

Listing Status Active

Purchase Type For Sale

MLS Listing ID 225075194

HOA Y/N No

Lot Size 0.360 Acres

Acres 0.36

Property Sub-Type Residential Lot

Source MLS Metrolist

Property Description

Investor Opportunity: Mixed-Use Development in the Heart of Carmichael Zoning: Residential Mixed Use (SPA Zoning) Lot Size: 0.36 acres Development Potential: 7 to 17 dwelling units. This is a rare opportunity to acquire flat secluded land on a Cul-De-Sac in one of Carmichael's most desirable neighborhoods. Zoned Residential Mixed Use under SPA (Special Planning Area) guidelines, this property offers a level of flexibility not available under standard zoning. SPA zoning allows for a combination of residential, commercial, and light industrial development, making it ideal for investors looking to create high-yield, multi-purpose projects. Situated near Fair Oaks, the American River, Riverside Golf Course, and the Ancil Hoffman Nature Center, the property is surrounded by established amenities and natural beauty. It also lies within the boundaries of a highly regarded public school system, including close proximity to a conveniently located school for K-6 in Mary Deterding Elementary, which is a feeder school into the prestigious International Baccalaureate program. There is also a sister lot for sale right next to this lot. Acquiring both lots offers the chance to significantly crease your development footprint and potential return.

Location

State CA

County Sacramento

Area 10608

Zoning SPA

Direction Use GPS. GO DIRECT Once arrived you will be able to see the first lot in front of the gate which has the single family house attached, that is 3244 Panama Ave. Also for sale. The vacant lot 3252 Panama Ave is the following lot that faces the back fence and the giant tree that essentially acts as marker for Separating both lots apart.

Exterior

Fence None

Community Features Golf, Greenbelt

Utilities Available See Remarks

Water Access Desc See Remarks

Topography Level

Street Surface Paved

Road Frontage Private Road, Easement, See Remarks

Building

Lot Description Cul-De-Sac, Secluded

Sewer See Remarks

Water See Remarks

Schools

Elementary Schools San Juan Unified

Middle Schools San Juan Unified

High Schools San Juan Unified

School District Sacramento

Others

Senior Community No

Tax ID 273-0301-018-000

Special Listing Condition Offer As Is, None

MetroList® Services, Inc
Listed by KAM Financial & Realty
agent-avatar

+1(415) 755-3388

markpatrickmcdonough@gmail.com

3001 I Street, Suite 200, Sacramento, 95816

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3252 Panama AVE