3993 Panther Ln 0.5 Acres of Residential Land Offered at $499,000 in Diamond Springs, CA 95619

Rare half-acre infill development site in the heart of Diamond Springs, designed and engineered for nine townhome-style units in two buildings. The value here is how far down the road it already is. A full civil and architectural plan set conveys with the sale, including engineered grading, drainage, and EID water and sewer plans, a complete architectural set, and a finished on-site traffic study. That package represents roughly a year of design and engineering work and real soft cost money already invested, letting a builder move toward construction well ahead of a raw parcel.
The units are designed as two-story, two bedroom, two bath homes with standing seam metal roofing and fiber cement siding, a clean modern foothill look suited to the surrounding neighborhood, laid out across two buildings with 21 on-site parking spaces. Public water and sewer are available to the site through EID, power is on site with a meter, and PG&E gas is available. The parcel sits outside the flood zone in Zone X, with fire flow addressed in the engineered plans.
Location supports a build and hold rental strategy. The site is surrounded by established multifamily, minutes from Highway 49 and Pleasant Valley Road, with Highway 50 access putting Sacramento about 45 minutes out and South Lake Tahoe about an hour away. Rental demand across El Dorado County has stayed steady on limited supply.
The project application is on file with El Dorado County Planning with engineered plans in place, and the buyer completes the remaining entitlement conditions to finish the approval. Buyer to verify zoning, allowable use, and parking with El Dorado County. Offered as a single parcel and sold as a whole. Seller financing may be available to a qualified buyer.