20 Acres of Development Land in Penn Valley, CA 95946
All the work is done for you to hire an engineer and submit the Tentative Map.

Great opportunity for a for your investor to take this land to a tentative map. Most of the work has been
done for Clearwater Crossing. It is the Only "IN FILL SITE" in Penn Valley ready for a Tentative Map. An EIR has been completed,
Soils testing including P&M's & the County says the land is Zoned for 91 units. This land is in the new Lake Wildwood Sewer Plan.
Seller has several Conceptual plans. One shows Open space, 2 parks, floor plans and a Clubhouse.
Squirrel Creek is on easterly
side of the land, which would make for a great recreational
area and possible swimming hole. The land does front along HWY 20
for good exposure. The owner has had a Planning and Engineering firm do a tremendous amount of planning on this land. We also
have a current Title Report.
Take advantage of all the work and costs the seller has done on this property. All that is left is for the investor
to submit the Tentative Map and triple his money.
Seller is willing to carry a note with 19% down at 5.75% for 3 years.
Great opportunity to develop this land into  Single family one story homes for 91 units or more per the Nevada County Planning
department. Possible to get a 25% Bonus for developing a Senior Housing Project over age 55. That means 113 units.
The Pristine Pastures with scattered Oak trees, and a year round stream will add tremendously to this Project.
This is an "IN FILL SITE" with a Penn Valley Population of 12,000 of which 60% of the population are Seniors and This is the only
site in Penn Valley and is ready to go for the Tentative Map.           
Asking $1,967,800. NOW:  $593,300
Nevada County MLS #  20172536            Metro List #  17055432

Contact Walt Wilson at   email:   walt@waltwilson.com   or call:   530-446-6548

Conceptual Map 1    Conceptual Map 2    Conceptual Map 3    Conceptual Map 4    Census Map & Data

20 ac penn valley conceptual map1

Squirrel Creek