720 Pleasant Valley Rd Diamond Springs, CA 95619

$400,000 Active
  • 0 Beds
  • 0 Baths
  • 1,060 Sq.Ft.
  • 3.97 Acres

About the Property

Investor / Developer Opportunity - Main Street Commercial Zoning! Exceptional commercial redevelopment opportunity in downtown Diamond Springs. This 3.97-acre Main Street Commercial (CM)-zoned parcel offers excellent Pleasant Valley Rd frontage and high visibility, surrounded by established retail, office, and service uses. Approximately 2.5 acres are level and usable, providing a substantial development envelope. A creek drainage corridor defines the rear of the property. The CM zoning is intended for pedestrian-oriented retail, office, and service uses, and allows for mixed-use commercial/residential development, supporting active street frontage and higher-intensity commercial uses (buyer to verify density, setbacks, and permitted uses with El Dorado County). Utilities including water, sewer, electric, cable, and propane are available on site, reducing upfront infrastructure costs. The property is currently improved with a 1949 residential structure, rented month-to-month, offering interim income. The structure is functionally obsolete, with low ceilings and narrow stairs, and is best viewed as temporary income or redevelopment placeholder; buyer to confirm rehabilitation vs. removal. Site improvements include fencing, two outbuildings, ample parking, and an existing residence with 2-3 bedrooms, kitchen, living room, bath, utility room, metal roof, and fenced yard. The parcel is strategically positioned between a restaurant, gas station, retail strip centers, and the Logan Building with professional office space, creating strong commercial synergy and consistent traffic exposure. Central downtown location, flexible zoning, utility availability, and surrounding commercial density make this property an ideal candidate for phased development, land banking, or mixed-use redevelopment.

Property Information

Size 1,060 SqFt
Price/SqFt $0.00
Lot Size 3.97 Acres
Year Built 1949
Property Type Mixed Use
Zoning Main Street Commercial
Listing Number 226010146
Listed 1/29/2026
Listing Agent Walter L Mathews
Listing Office Coldwell Banker Realty
Bedrooms 0
Total Baths 0
Full Baths 0
1/2 Baths 0
Pool No
Spa No
HOA Dues None
Total Building 1

Property Features

# of Fireplaces
  • 0
Accessibility Features
  • None
Carport Spaces
  • 0.00
Current Use
  • Residential
Electric
  • Separate Electric Meter
Foundation
  • See Remarks
Garages Spaces
  • 0.00
Horse Property
  • No
Levels
  • See Remarks
Lot Features
  • See Remarks
Open Parking Spaces
  • 0.00
Roof
  • Metal
Sewer
  • Public Sewer
Topography
  • Level,Lot Grade Varies,Level,Lot Grade Varies
Cooling
  • Wall Unit(s)
  • Window Unit(s)
Construction Materials
  • Block
  • Stone
  • Wood
Heating
  • Propane
  • Wall Furnace
  • See Remarks
Water Source
  • Irrigation District
  • Meter on Site
  • Public
Irrigation
  • Public District
  • Irrigation District
  • Meter on Site
  • Other
Parking
  • Private
  • Uncovered
  • Fenced
  • See Remarks
Utilities
  • Cable Available
  • Sewer Connected
  • Internet Available
  • Propane
Flooring
  • Carpet
  • Unfinished
  • Concrete
  • Wood
  • Linoleum
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