Property Listing No Longer Available for Sale

474-500 Bennett Street, Grass Valley, CA

Land for Sale - $698,000 - 4.46 acres


Property Info

CIMLS#974650
Location
  474-500 Bennett Street
  Grass Valley CA 95945
UpdatedFebruary 15th, 2018
TypeLand
Price$698,000
Land4.46 acres

Property Description

A rare infill parcel fully approved in 2007 for 24 zero-lot-line single family homes. Grass Valley is in dire need of affordable market rate housing. With massive demand and rapidly accelerating home prices, this development opportunity represents a very attractive and financially viable project. Having received City Council approval in '07, much of the development work and required studies have been completed and entitlement risk minimized. The site enjoys an attractive in-town location lying within walking distance to cafes, store and other services.

Location Description:

Grass Valley is nestled in the Sierra Nevada foothills only one hour from both Lake Tahoe & Sacramento. Located below the snow line & above the fog for the perfect 4-season climate. Within 90 minutes of 4 major universities (UC Davis, CS Chico, CS Sacto & UN Reno) & 2 intl. airports (Sacto & Reno). Nevada County


Financials


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