HUGE PRICE REDUCTION! An approximately 54 acre residential development site lying adjacent to Grass Valley city limits and directly in the path of development. County zoning is currently light industrial/business park, however the property lies in the City's near term Sphere of Influence with a General Plan designation of Urban Medium Density, allowing 4-8 dwelling units per acre, or a maximum of 424 units. Due to varied topography and environmentally sensitive areas, development will most likely be clustered and consist of single family detached & attached homes, duplexes, townhouses, condos & apartments. An +-8 acre light industrial component may be included as well near the eastern end of the property. The City has already funded a large environmental study on this property due to their interest in providing a well located site that may accommodate a sizeable addition of sorely needed housing.
|--||New Value: $1,900,000|
|2/6/2020 8:15:00 PM||New Value: $2,730,000|