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Chaz Halbert

chaz@trailhead-re.com +1(916) 320-9011

$ 575,000

Est. payment | -/mo

4 Beds

1 Bath

1,432 SqFt

Save Virtual Tour

$ 575,000

Est. payment | -/mo

Save Virtual Tour

4 Beds

1 Bath

1,432 SqFt

Key Details

Property Type Multi-Family

Sub Type 2 Houses on Lot

Listing Status Active

Purchase Type For Sale

Square Footage 1,432 sqft

Price per Sqft $401

MLS Listing ID 226075396

Bedrooms 4

Full Baths 1

HOA Y/N No

Year Built 1939

Lot Size 12.250 Acres

Acres 12.25

Property Sub-Type 2 Houses on Lot

Source MLS Metrolist

Property Description

NEW PRICE $575,000! Now offered at approximately $48,000 per acre, this 12-acre Penn Valley property presents a compelling opportunity with abundant water, multiple residences, and significant upside potential. Fully fenced and ideally located just minutes from Grass Valley and Penn Valley Village, the property combines usable farmland, privacy, history, and future flexibility. The land features rolling pasture, irrigated areas, scenic hilltop views, multiple fenced enclosures, and potential to split the property into two separate parcels. Water is a major highlight, with 2 miner's inches of NID irrigation water, a high-producing well, an additional capped well, and a picturesque approximately 2-acre pond. A remodeled 1-bedroom, 1-bath manufactured home is move-in ready and offers an excellent option for immediate occupancy, guests, extended family, caretaker housing, or rental income. The historic two-story cabin, dating back to the early 1900s, offers approximately 1,432 square feet with 4 bedrooms and 1 bathroom. Rich with character and history, it provides a unique renovation opportunity for someone with the imagination to transform it into a truly special home with a story to tell. With a move-in-ready second residence and a historic cabin ready for renovation, this property may also be an excellent candidate for buyers exploring rehab or renovation financing, offering the opportunity to improve the property while financing eligible renovation costs. Additional improvements include a historic barn converted to a functional chicken coop, covered equipment storage, a large fenced garden area, livestock infrastructure, two septic systems, and two propane tanks. Whether envisioned as a working farm, multi-generational property, investment, homestead, or future development opportunity, this is a rare chance to acquire 12 beautiful acres with exceptional water resources and tremendous potential at an attractive new price.

Location

State CA

County Nevada

Area 13103

Direction 49 to Lime Kiln to McCourtney to Indian Springs, R on Desperado. / 20 to Penn Valley to Indian Springs, L on Desperado.

Rooms

Basement Full

Guest Accommodations Yes

Living Room Open Beam Ceiling

Dining Room Space in Kitchen

Kitchen Tile Counter, Wood Counter

Interior

Heating Propane, Fireplace(s), Wood Stove, MultiZone

Cooling Ceiling Fan(s), Wall Unit(s), Window Unit(s), MultiZone

Flooring Concrete, Tile, Wood

Fireplaces Number 1

Fireplaces Type Living Room, Raised Hearth, Stone

Appliance Free Standing Gas Range, Hood Over Range, Dishwasher, Microwave

Laundry In Basement, Inside Area

Exterior

Parking Features No Garage, Guest Parking Available

Carport Spaces 2

Fence Electric, Fenced

Utilities Available Cable Available, Electric, Internet Available, Propane Tank Leased

View Pasture

Roof Type Shake

Topography Rolling,Snow Line Below,Trees Many,Rock Outcropping

Street Surface Gravel

Porch Enclosed Patio

Private Pool No

Building

Lot Description Manual Sprinkler Front, Pond Year Round, Split Possible

Story 2

Foundation Raised

Sewer Septic System

Water Well

Architectural Style Cabin

Level or Stories Two

Schools

Elementary Schools Clear Creek

Middle Schools Clear Creek

High Schools Nevada Joint Union

School District Nevada

Others

Senior Community No

Tax ID 002-270-012-000

Special Listing Condition None

Virtual Tour https://player.vimeo.com/video/1153193107

Listed by Better Brokers Realty Group, Inc.

Nearby Locations

+1(916) 320-9011

chaz@trailhead-re.com

2241 Douglas Blvd. Suite 100, Roseville, CA 95661

13598 Desperado Dr Penn Valley, CA 95946