2 bd · 2.0 ba · 1,490 sqft · $170/sqft · 1.00 acres
Residential · Single Family Residence · Built 1980
Presenting a remarkable equity-building opportunity, 5328 Overland Way in Placerville, CA, offers an exceptional canvas for contractors, developers, and seasoned investors looking to execute a comprehensive property restoration. Situated on a serene, heavily wooded 1.0-acre parcel just minutes from the Jenkinson/Sly Park Recreation Area, this 2-bedroom, 1.5-bathroom, 1,490-square-foot mountain home exhibits significant deferred maintenance but boasts excellent architectural fundamentals. The interior layout features an open-concept living area defined by dramatic vaulted open-beam ceilings, a substantial stone hearth, and a private upper-level loft bedroom complete with an en-suite half-bathroom. Additionally, the property includes an attached one-car garage with ample space for recreational vehicle or boat storage, all set against a tranquil, private El Dorado County backdrop. This residence is being sold strictly in its current as-is condition and requires a complete interior and exterior overhaulincluding flooring, drywall, full kitchen and bath remodels, deck replacement, and a thorough mechanical, septic, and roof evaluationrendering it suitable for cash or hard money financing only. Perfectly positioned to offer a peaceful retreat while maintaining convenient proximity to historic downtown Placerville and Lake Tahoe, this property represents a prime opportunity for a high-yield flip or the creation of a custom mountain estate.
Award winning service with personal support
All data, photos, visualizations, and information regarding a property, including the property's compliance with state and local legal requirements and all measurements and calculations of area, have been obtained from various sources, and may include such material that has been generated by use of artificial intelligence. Such information and material have not been and will not be verified for accuracy by the listing broker or the multiple listing service, and are not guaranteed as complete, accurate or reliable.
Such information and material should be independently reviewed and verified for accuracy. This information and material are intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data last updated: October 17, 2026 8:32 AM PT
Copyright © 2026 MetroList Services, Inc. All Rights Reserved.
Estimated monthly payment
$0/month
Estimate includes principal and interest, taxes, and insurance.
Confirm your budget with a lender.
Get pre-approved