720 Pleasant Valley Road
Diamond Springs, CA, 95619
$
400,000
Bedrooms--
Baths--
Sq
1,060
Monthly Estimate*
$
2,463
for $400,000. This 1,060 square foot building was built in 1949 on a lot size of 3.97.
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.
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Features
General
Sewer
Public Sewer
Heating
Propane
Wall Furnace
See Remarks
Cooling
Wall Unit(s)
Window Unit(s)
Utilities
Cable Available
Sewer Connected
Internet Available
Propane
Roof
Metal
Construction Materials
Block
Stone
Wood
Year Built
1949
Electric
Separate Electric Meter
Tenant Pays
Sewer
Electricity
Gas
Trash Collection
Grounds Care
Water
Stories Count
0
Topography
Level
Lot Grade Varies
Levels
0
Property Subtype
Mixed Use
Current Use
Residential
Location
Downtown
Restaurant Nearby
Shopping Nearby
Business Type
Other
Accessibility
None
County
El Dorado
Property Type
CommercialSale
Building Features
None
Close Price
0.0
Status
Active
Directions
From Hwy 50
take the Missouri Flat Rd exit and head south toward Diamond Springs. Continue approximately 3.5 miles. Turn left onto Pleasant Valley Rd. Proceed about 0.2 miles 720 Pleasant Valley Rd
City
Diamond Springs
Zoning Description
Main Street Commercial
Number Of Units Total
1
MLS Area
12702
Lot Size Square Feet
172933.0
Property Condition
Fixer
Yard Fenced
Ok to Lease
Month To Month
Structure Type
Detached
Other
Standard Status
Active
Year Built Source
Assessor Auto-Fill
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Interior
Walls
Concrete Block
Wood
Other
Flooring
Carpet
Unfinished
Concrete
Wood
Linoleum
0
Office Area
0
Total Stories
0
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Exterior
Parking Features
Private
Uncovered
Fenced
See Remarks
Lot Features
See Remarks
Water Source
Irrigation District
Meter on Site
Public
Total Parking
0.0
Foundation Details
SeeRemarks
Number of Buildings
1
Building Area Total
1060.0
Lot Size Acres
3.97
Lot Size Source
Assessor Auto-Fill
Road Frontage Type
County Road
Parking Ratio
0.0
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* Excluded Features
List By
Coldwell Banker Realty
Broker
walter@waltermathews.com
Email
Affordability Calculator
- Monthly Principal & Interest
- $2,463
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save
Nearby
Commerical listings in Diamond Springs, CA
Average List Price
$633,333
Percent of Sale Price
58%
About Diamond Springs, CA
11,353
Population
5%
Since 2002
$
61,538
Median Income
46.94
Median Age
19%
Households with Children
Trends Information provided by ATTOM Data Solutions.
295416
Elementary School
295437
Middle School
Unknown High School
High School
Pricing History
| Date |
Price |
Price Change |
Description |
|
1/29/2026
|
$400,000
|
|
Listed Price
|