Overview
About This Listing
Unlock the potential of this one-of-a-kind property featuring two separate homes on over an acre in desirable Carmichael. Opportunities like this are rare. The RD-5 zoning and previously approved (expired) tentative map for six lots create tremendous development potential, while the existing homes provide immediate value. Live in one home and rent the other or generate rental income from both while you navigate the planning and development process, significantly reducing holding costs. The level, usable parcel is ideally situated near shopping and everyday conveniences. The main residence offers 1892 sq. ft. with an attached one-car garage and a sparkling pool. The second home is separately metered for gas and electricity, 432 sq. ft., and includes its own attached two-car garage. PLEASE DO NOT DISRURB TENANT.
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939 Tahoe Island Drive, South Lake Tahoe, CA 96150
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Source:
Listed by: LPT Realty, Inc -
Details
$130,000(Negotiable)
21285 Cottonwood Lane, Pine Grove, CA 95665
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Source:
Listed by: Davenport Properties -
Details
$109,000(Negotiable)
