Between Auburn and Grass Valley in south Nevada County, three 5-acre parcels were purchased five years ago for $330,000. EACH. That’s $75,000 per acre. Today they are selling for $75,000. EACH.. That’s $15,000 per acre, one 5th of the original price. Do you think that qualifies as a significant price reduction?
The parcels have been brushed and groomed.
Each parcel has a percolation and mantle test on file with the county building department.
Two wells have already been drilled.
One of them is capped, and the other has the hydrostatic tank and pump installed.
There is even a 6,000 gallon fire-safety tank installed underground.
All three parcels have good building sites. One of the sites has been graded with a driveway.
Each parcel has a pretty local view of the surrounding hills.
At $75,000 each, these properties will make a great investment for the future, a flexible multi-family enclave, a small three-home development, or a single homesite not too far from town, not too close to town.
Before you jump in the car, call us. We’ll meet you there and walk the land with you.
If you enjoyed reading this article, and want to find out more,
just CALL CJ at (530-906-4715) or subscribe below.
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