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Erika Poindexter

erika@poindexterteam.com +1(530) 333-7207

$575,000

Est. payment - /mo

1,432 SqFt

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Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,432 sqft

Price per Sqft $401

MLS Listing ID 226076247

HOA Y/N No

Year Built 1939

Lot Size 12.250 Acres

Acres 12.25

Property Sub-Type Duplex

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

Other Rooms Unit-1 Bedrooms: 1 Full Baths: 1

Interior

Heating Fireplace(s), Gas

Cooling Central

Flooring Laminate, Wood

Laundry Varies by Unit

Exterior

Parking Features RV Storage, Detached

Utilities Available Propane

Water Access Desc Irrigation District,Well

View Valley

Topography Rolling

Total Parking Spaces 4

Building

Lot Description Pond Year Round

Foundation Raised

Sewer Septic System

Water Irrigation District, Well

Architectural Style Cabin, Ranch

Schools

Elementary Schools Penn Valley

Middle Schools Penn Valley

High Schools Nevada Joint Union

School District Nevada

Others

Senior Community No

Tax ID 002-270-012-000

Special Listing Condition None

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Listed by Better Brokers Realty Group, Inc.

NEARBY SCHOOLS & PROPERTIES

Erika Poindexter

Agent CA DRE # 01903694

+1(530) 333-7207 | erika@poindexterteam.com

13598 Desperado Dr Penn Valley, CA 95946

Erika Poindexter

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

NEARBY SCHOOLS & PROPERTIES

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13598 Desperado Dr