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Panama Avenue

Carmichael, CA 95608
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SqFt15,681.60

Sqft(Lot)

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 raw land is surrounded by established ameni ties 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.

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Detail Ic Property Details

Property Type : Land

Price : $299,000

AD Id : 65280628

MLS Id : 225075194

Lot Size : 15,681.60 Sqft(Lot)

County : Sacramento

  • Map Map

Map

Feature Features

  • Water/Sewer

    Sewer: See Remarks
  • Heating & Cooling

    WaterSource: See Remarks

  • Road Types

    Paved
    Private Road, Easement, See Remarks
  • Fencing

    None
  • Fencing

    None

  • Lot Information

    Lot Description: Cul-De-Sac, Secluded Lot Square Feet: 15,682 Topography: Level

    Property Information

    Property Type: Land Sub Type: Residential Lot Cross Street: Fair Oaks Blvd Source Neighborhood: 10608 Postal Code Plus 4: 3802 Area: Carmichael S: 95608 Zoning: Mixed, See Remarks

    Farm Info

    Irrigation Source: Other

  • Listing Price Information

    Listing Id: 225075194 List Price: $299,000

  • Tax Information

    Parcel Number: 273-0301-018-000

  • Elementary School District: San Juan Unified
    Junior High School District: San Juan Unified
    Senior High School District: San Juan Unified
  • Utility Information

    See Remarks Electric: Electric TBD
  • Location Information

    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.
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
California Avenue, Carmichael, CA, 95608 $1,450,000 -- -- -- Acres (Lot)--
Mapel Lane, Carmichael, CA, 95608 $2,650,000 -- -- -- 268,329.60 Sqft(Lot)
Sizemore Lane, Carmichael, CA, 95608 $245,000 -- -- -- Acres (Lot)--
Madison Avenue, Carmichael, CA, 95608 $555,000 -- -- 1,922 Acres (Lot)--
Mapel Lane, Carmichael, CA, 95608 $2,650,000 -- -- -- 268,329.60 Sqft(Lot)
Fair Oaks Boulevard, Carmichael, CA, 95608 $1,100,000 -- -- -- Acres (Lot)--
W Marshall Avenue, Carmichael, CA, 95608 $899,000 -- -- 2,700 19,166.40 Sqft(Lot)
Madison Avenue, Carmichael, CA, 95608 $574,900 -- -- 1,922 9,583.20 Sqft(Lot)
Landis Ave, Carmichael, CA, 95608 $229,000 -- -- -- 14,427.07 Sqft(Lot)
6427 Miles Lane, Carmichael, CA, 95608 $1,874,000 -- -- 4,848 14,810.40 Sqft(Lot)

ByOwner last updated this listing 06/04/2026 @ 07:05

MLS: 225075194 LISTED BY: Alexander Burgoa, KAM Financial & Realty SOURCE: MLS Metrolist

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