This property qualifies for special financing:

This property may qualify for seller financing. This property has been assigned to a mortgage broker.

Purchaser Type Eligibility : Investor

To get more information, use the contact information below .

VRM Lending LLC
(972) 528-0123
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Trademark Disclaimer: Vendee™, Seller Financing (Vendee™) and/or other United States Veteran Affairs loan products referenced herein are either trademarks, servicemarks or registered trademarks of The Secretary of Veterans Affairs. Use of the Vendee™ logo or program name is authorized only by The Secretary of Veterans Affairs or its authorized agents.

Vendor Resource Management, Inc. is privately owned and is a separate entity and not affiliated with the VA or the Federal Government. Vendor Resource Management, Inc. has a prime contract with the VA to manage and outsource the Vendee Loan Program, which offers qualified borrowers the option of purchasing VA Real Estate Owned (REO) properties with little to no money down.

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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 ext...

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.