3244 Panama Avenue, Carmichael, CA 95608

Unique property ideal for many uses. Privately located in the Carmichael Colony Neighborhood. Please note that seller considers no actual value to the existing home. NOT a move-in ready home in any form, which is why seller will throw in APPROVED PERMITS & PLANS for a NEW BUILD 3-bed, 2-bath, 1,700 SQFT Single-Family Residence as part of the deal. Sitting on a 0.35 Acre lot, offering two preexisting slab foundations with access to utilities all while being under a special type of zoning. For more land to accompany the house there is an adjacent vacant lot also for sale: 3252 Panama Ave. Alongside 3244 Panama Ave it's possible to build to a high density, these two parcels together have the potential to allow for a maximum buildout up to around 34 units as per Sacramento Planning Dept. Enjoy fast commuter access to Fair Oaks, Folsom, Downtown Sacramento, and El Dorado Hills. Including but not limited to: multi-unit housing, warehouse, rehab centers, residential care facilities, vocational schools, churches, and Live-work properties. Also Enjoy the perks of being near Riverside Golf Course, Ancil Hoffman Nature Center,the American River Parkway, Pavilions Shopping Center, Arden Fair Mall, International dining, and a highly rated International Baccalaureate school. **Sellers prefers to sell 3244 Panama Ave with 3252 Panama Ave. Carmichael, CA 95608, an extra 0.36 acre lot. Totaling approximately 30,863 square feet (0.71 acres). Prospective buyers and buyer agent to verify all information with respective agencies.