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For more information on this property, contact John Hensley at (530) 265-6565 or

17238 Carrie Ann Lane
Penn Valley, California CA 95946
Price: $395,000
Listing ID 223018039
Status Active
SqFt 875,556
Acres 20.100

Property Description:

LENDER FORECLOSURE. Lender wants this recent REO property off their books as soon as possible and has therefore discounted the price to under 68% 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


Additional Living Unit: No


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


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


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.


Income Includes: None
Special Listing Conditions: Short Sale, Real Estate Owned

Zoning Info

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Contact - Listing ID 223018039

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John Hensley

22277 Scotts Flat Road
Nevada City, CA 95959
Phone: (530) 265-6565

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