318 Preston Avenue

Ione, CA 95640

Rare Opportunity in the Heart of Ione - 1 Acre with 3 Homes and Endless Potential! This level 1-acre property, ideally situated in the heart of Ione, offers a rare and versatile investment opportunity. Featuring three separate homes, each with individual water, sewer, and PG&E hookups. This parcel is perfect for those seeking a project with promise. Whether you're an investor, contractor, or dream-home visionary, these homes with renovation potential are a true canvas for your dream design. With the infrastructure already in place, this property is also ideal for redevelopment. Possible teardown, start over and transform it into income-generating rentals, multi-family housing, or your own residential retreat. The possibilities are as wide as your imagination. This property is a rare find for investors, contractors, or visionary homeowners ready to bring new life to a charming piece of Ione. There are 3 addresses (318 is the corner house-916 sqft. 2/1), (314 is the center house with green trim-900 sqft. 2/1), (310 is the 2 story house-2000 sqft. 4/1) All sqft are estimates. Value is mostly for the land, location and 3 individual residential utility connections in place. Information deemed reliable but should be verified.

Listing courtesy of Davenport Properties



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Last checked 2025-06-13 10:01 PM PDT