3244 Panama, Carmichael CA 95608 | $380,000
Listing provided courtesy of Alexander Burgoa of KAM Financial & Realty, Inc.. Last updated . Listing information © 2025 .
(Supra) Unique property ideal for many uses. Privately located in the Carmichael Colony Neighborhood. Seller considers no actual value to the existing house as its current condition is nowhere near any value whatsoever. The value of this property lies within the land, the two foundations, access to utilities, zoning, buildable density, and the location. SITE PLANS for a 3-bed, 2-bath, 1,700 SQFT Single-Family Residence are available upon buyer's request. Offering SPA Zoning with flexible land uses for mixed use opportunities. For more land to expand upon 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, an extra 0.36 acre lot. Totaling approximately 30,863 square feet (0.71 acres).DISCLAIMER: Agents, buyers, inspectors, contractors, and all other parties are strictly prohibited from entering the home without the Seller's p



















