17238
Carrie Ann Lane,
Penn Valley,
California
CA
95946
Price: $395,000
Mortgage Calculator
Listing ID: 223018039
Status:
Active
SqFt:
875,556
Sq Ft
Acres:
20.100
Acres
LENDER FORECLOSURE. Lender wants this recent REO property off their books as soon as possible and has therefore discounted the price to under 40% of appraised value. Best all-cash, quick-close offer will take it. A strategically positioned multi-residential, commercial or mixed use property with almost 2000 feet of frontage on Highway 20 in the recently approved Village Core district of Penn Valley. Current zoning allows for up to 91 residential units, but other uses also acceptable. Aggressive pricing accounts for the need to perfect access to property. Seller may consider financing with 50% down.
Primary Features
County:
Nevada
Price Before Reduction:
475000
Price Reduction Date:
2023-03-25T02:14:45+00:00
Interior
Additional Living Unit:
No
External
Crops:
None
Horse Property:
No
Irrigation:
None
Lot Features:
Public Trans Nearby, Stream Year Round
Lot Size Source:
Assessor Agent-Fill
Road Frontage Type:
Highway Exposure, County Road, Easement, Highway
Sewer:
Sewer Available
Utilities:
Public, Water Available
Vegetation:
Brush, Trees Many
Water Source:
Irrigation District
Location
Area/District:
13103
Association:
No
Directions to Property:
Highway 20 to Penn Valley Dr. Access to property planned via a to be developed road located along an existing easement that runs north toward the property from between the US Post Office and Dollar General on Penn Valley Dr. Best viewing of the property is via drive-by on Highway 20.
Elementary School District:
Penn Valley
Middle or Junior School District:
Penn Valley
School District (County):
Nevada
Senior High School District:
Nevada Joint Union
Zoning:
IDR
Zoning Description:
Office,Planned Unit Development,Commercial,Research & Development,Residential,Highway/Tourist Services,Retail,Rezone Possible,Hotel/Motel,Single-Family,Industrial,Split Possible,Manufacturing,Mixed,Multi-Residential
Additional
APN:
051-370-002
Current Use:
Vacant
Development Status:
Building Plans Filed, Subdivision Possible, Tentative Map Filed, Lot Split Possible
Possible Use:
Residential, Commercial, Single Family, Subdivision, Highway/Tourist Service, Industrial, Other, Recreational
Property Disclaimer:
All measurements and calculations of area are approximate. Information provided by Seller/Other sources, not verified by Broker. All interested persons should independently verify accuracy of information. Provided properties may or may not be listed by the office/agent presenting the information. Copyright © 2023, MetroList Services, Inc. Any offer of compensation in the real estate content on this site is made exclusively to Broker Participants of the MetroList® MLS & Broker Participants of any MLS with a current reciprocal agreement with MetroList® that provides for such offers of compensation.
Financial
Income Includes:
None
Special Listing Conditions:
Short Sale, Real Estate Owned
Zoning Info
A "V" next to any listing's price indicates that that the seller is willing to entertain offers within the Listing Price range. For example, a Price Range of $140,000-170,000 indicates the seller will entertain offers from $140,000 to $170,000. An "M" or an "S" next to any listing's price indicates that the terms of the listing agreement state that the Broker will not be providing any of a number of customary services. the offer of compensation is made only to Participants of MLS where the subject listing is filed and in accordance with such MLS's regulations or rules
Contact - Listing ID 223018039
John Hensley
22277 Scotts Flat Road
Nevada City, CA 95959
Phone: (530) 265-6565
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