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.