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10780 E Bennett Rd - 350 Unit Development Site 53.75 Acres of Residential Land Offered at $2,999,000 in Grass Valley, CA 95945



Investment Highlights
- Approximately 54 acres offered across multiple parcels.
- Located near established neighborhoods and community services.
- Zoned for Business/Professional, Residential, and Multi-Residential uses.
- Conceptual plans envision residential and light industrial uses.
- Convenient access to Highway 49 and downtown Grass Valley.
- Varied terrain and natural open space support diverse planning options.
Executive Summary
Exceptional opportunity to acquire approximately 54 acres (10 separate APNs) in one of Grass Valley's fastest-growing areas. Current conceptual plans envision approximately 69 single family homes, 132 townhomes, and an area for future light industrial uses, creating a well-balanced mixed-use development. The property's varied topography and natural open space lend themselves to a thoughtfully designed community while preserving the character of the land. Ideally located adjacent to existing neighborhoods and just minutes from shopping, schools, medical services, and downtown Grass Valley, this is a rare chance to develop one of the area's last large-scale residential opportunities. As the demand for housing in western Nevada County continues to grow, properties of this size, location, and development potential are becoming increasingly difficult to find. Whether you're an experienced developer, builder, or investment group, this property offers the opportunity to help shape the future of one of Grass Valley's most desirable growth corridors.
Property Facts
| Price | $2,999,000 | Property Subtype | Residential |
| Sale Type | Investment | Proposed Use | Apartment Units |
| No. Lots | 1 | Total Lot Size | 53.75 AC |
| Property Type | Land | Opportunity Zone |
Yes
|
| Zoning | M1 | ||
| Price | $2,999,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | Apartment Units |
| Total Lot Size | 53.75 AC |
| Opportunity Zone |
Yes |
| Zoning | M1 |
1 Lot Available
Lot
| Price | $2,999,000 | Lot Size | 53.75 AC |
| Price Per AC | $55,795.35 |
| Price | $2,999,000 |
| Price Per AC | $55,795.35 |
| Lot Size | 53.75 AC |
1 1
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
20/100
Fairly bikeable
50/100
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10780 E Bennett Rd - 350 Unit Development Site
