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17238 Carrie Ann Ln - REO 20 Ac Dev Site - Multi-Res/Commercial 20.1 Acres of Residential Land Offered at $699,900 in Penn Valley, CA 95946

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EXECUTIVE SUMMARY

With close proximity to Lake Wildwood, the property is an ideal site for a 55+ community or similar residential project. Below the snow line and minutes to Hwy 20, this parcel offers easy access for future homeowners and developers alike. The land features beautiful tree cover, including majestic oaks, and utilities are close at hand with power at the property line. A rare opportunity to create a signature community in one of Nevada County's most desirable settings! Seller has acquired and Recorded 2 new Access Easements from a neighboring property. These ne Primary Access and Secondary Access Easements provide excellent access to the property off of Penn Valley Drive and Western Gateway Park.

PROPERTY FACTS

Price	$699,900	Property Type	Land
Sale Type	Investment	Property Subtype	Residential
No. Lots	1	Total Lot Size	20.10 AC
Zoning	Res/Dev. - General Plan land use is "planned development-urban medium density" allows for up to 91 residential units. Commercial & industrial uses also possible

Price	$699,900
Sale Type	Investment
No. Lots	1
Property Type	Land
Property Subtype	Residential
Total Lot Size	20.10 AC
Zoning	Res/Dev. - General Plan land use is "planned development-urban medium density" allows for up to 91 residential units. Commercial & industrial uses also possible

1 LOT AVAILABLE

Lot

Price	$699,900	Lot Size	20.10 AC
Price Per AC	$34,820.90

Price	$699,900
Price Per AC	$34,820.90
Lot Size	20.10 AC

Fantastic development opportunity on LEVEL 20 acres with year round Squirrel Creek in the heart of Penn Valley. Zoned for 91 parcels with two deeded accesses, as required by the County. Prime location to freeway and short walk to downtown Penn Valley

DESCRIPTION

Fantastic development opportunity on this breathtaking LEVEL 20 acres with year round Squirrel Creek in the heart of Penn Valley. Zoned for 91 parcels with two deeded accesses, as required by the County. This prime location combines freeway exposure with the charm of being just a short walk to downtown Penn Valley's shops, restaurants, and nurseries. With close proximity to Lake Wildwood, the property is an ideal site for a 55+ community or similar residential project. Below the snow line and minutes to Hwy 20, this parcel offers easy access for future homeowners and developers alike. The land features beautiful tree cover, including majestic oaks, and utilities are close at hand with power at the property line. A rare opportunity to create a signature community in one of Nevada County's most desirable settings!

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