Great Investment Opportunity with Three Separate Homes! Fantastic opportunity to own an income-producing property featuring three completely separate homes in a desirable Grass Valley neighborhood, conveniently located near downtown Grass Valley and Condon Park. The main residence is approximately 1,040 square feet with 2 bedrooms and 1 bathroom, plus a huge detached 3-car garage and separate RV storage. This home currently rents for $2,000 per month. The second home is approximately 550 square feet and features an attached 2-car garage. It is currently rented for approximately $1,800 per month. Both of these homes have been nicely updated and feature brand-new roofs, while two of the units are equipped with tankless water heaters. The third home is approximately 750 square feet and offers its own separate driveway and a beautiful private yard. Recent improvements include new carpeting, and the home also features a refrigerator that is approximately one year old. This unit currently rents for $1,650 per month. With three separate dwellings, multiple garages, RV storage, individual driveways, and a strong existing rental income stream, this property offers an exceptional opportunity for investors or buyers looking to live in one home while generating rental income from the others or family compound. A convenient location close to downtown and nearby recreation adds to the property's appeal. Current combined rental income: approximately $6,450 per month, or $77,400 annually. A rare opportunity to own multiple income-producing homes on one property in Grass Valley! PLEASE DO NOT DISTURB THE TENANTS.
Active
$649,900
11019 Glen Meadow Dr, Grass Valley, CA 95945
2beds
750sqft
Multi Family, Single Family Residence
Built in 1959
1.08 Acres Lot
$631,100 Zestimate®
$867/sqft
$-- HOA
What's special
Rv storageIndividual drivewaysBrand-new roofsBeautiful private yardSeparate drivewaySeparate rv storageMultiple garages
- 5 days |
- 688 |
- 39 |
Zillow last checked:
Listing updated:
Listed by:
Marisa Dardi DRE #01179717 530-906-0322,
RE/MAX Gold,
Laton East DRE #01165504 530-268-0942,
Gateway Real Estate
Source: MetroList Services of CA,MLS#: 226040347Originating MLS: MetroList Services, Inc.
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Rooms
- Room types: Converted Garage, Guest Quarters
Dining room
- Features: Dining/Family Combo, Space in Kitchen, Dining/Living Combo
Kitchen
- Features: Breakfast Area, Kitchen/Family Combo, Laminate Counters
Heating
- Fireplace(s), Gas, Wall Furnace, Wood Stove, Natural Gas
Cooling
- Ceiling Fan(s), Window Unit(s)
Appliances
- Included: Free-Standing Gas Range, Free-Standing Refrigerator, Gas Cooktop, Dishwasher, Microwave, Tankless Water Heater, Dryer, Washer
- Laundry: Sink, Inside Room
Features
- Flooring: Carpet, Laminate
- Number of fireplaces: 1
- Fireplace features: Living Room, Wood Burning Stove
Interior area
- Total structure area: 0
- Total interior livable area: 750 sqft
Video & virtual tour
Property
Parking
- Total spaces: 15
- Parking features: Attached, Boat, RV Garage Detached, Detached, RV Storage, Garage Faces Front, Uncovered Parking Spaces 2+, Guest, Driveway, Level Driveway/Sidewalks
- Attached garage spaces: 5
- Uncovered spaces: 10
Accessibility
- Accessibility features: Parking, Shower(s)
Features
- Levels: One
- Stories: 1
- Exterior features: Uncovered Courtyard
- Fencing: Chain Link,Cross Fenced,Fenced
Lot
- Size: 1.08 Acres
- Features: Corner Lot, Low Maintenance
- Topography: Level,Level
Details
- Additional structures: RV/Boat Storage, Second Garage, Shed(s), Storage, Outbuilding
- Parcel number: 007580010000
- Zoning: R-1
- Special conditions: Trust
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Multi Family, Single Family Residence
Materials
- Frame, Wood
- Foundation: Raised, Slab, See Remarks
- Roof: Composition
Condition
- Year built: 1959
Utilities & green energy
- Electric: 220 Volts
- Sewer: Septic System
- Water: Well, Other
- Utilities for property: Cable Available, Public, Electric, Internet Available, Natural Gas Connected, Other
Community & HOA
Location
- Region: Grass Valley
Financial & listing details
- Price per square foot: $867/sqft
- Tax assessed value: $607,243
- Price range: $649.9K - $649.9K
- Date on market: 8/15/2026
- Road surface type: Paved
Estimated market value
$631,100
$600,000 - $663,000
$3,233/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/15/2026 | Listed for sale | $649,900+18.2%$867/sqft |
Source: MetroList Services of CA #226040347 Report a problem | ||
| 11/2/2020 | Sold | $550,000-2.7%$733/sqft |
Source: Public Record Report a problem | ||
| 9/15/2020 | Pending sale | $565,000$753/sqft |
Source: RE/MAX Gold #20020536 Report a problem | ||
| 9/3/2020 | Listed for sale | $565,000$753/sqft |
Source: RE/MAX Gold #20020536 Report a problem | ||
| 9/2/2020 | Pending sale | $565,000$753/sqft |
Source: RE/MAX Gold #20020536 Report a problem | ||
| 9/1/2020 | Listed for sale | $565,000$753/sqft |
Source: RE/MAX Gold #20020536 Report a problem | ||
| 8/9/2020 | Pending sale | $565,000$753/sqft |
Source: RE/MAX Gold #20020536 Report a problem | ||
| 8/2/2020 | Price change | $565,000+2.7%$753/sqft |
Source: RE/MAX Gold #20020536 Report a problem | ||
| 5/2/2020 | Pending sale | $550,000$733/sqft |
Source: RE/MAX Gold #20020536 Report a problem | ||
| 4/29/2020 | Listed for sale | $550,000+62.2%$733/sqft |
Source: RE/MAX Gold #20020536 Report a problem | ||
| 8/13/2017 | Listing removed | $339,000$452/sqft |
Source: Owner Report a problem | ||
| 5/15/2017 | Listed for sale | $339,000+52%$452/sqft |
Source: Owner Report a problem | ||
| 7/1/2002 | Sold | $223,000$297/sqft |
Source: MetroList Services of CA #10603530 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | -- | $607,243 +2% |
| 2025 | $6,579 +2.1% | $595,337 +2% |
| 2024 | $6,441 +2.5% | $583,664 +2% |
| 2023 | $6,283 +0.4% | $572,220 +2% |
| 2022 | $6,260 +2.5% | $561,000 +2% |
| 2021 | $6,105 +26.2% | $550,000 +28.6% |
| 2020 | $4,837 +4.3% | $427,665 +2% |
| 2019 | $4,639 +0.5% | $419,281 +2% |
| 2018 | $4,617 +47.7% | $411,060 +47.7% |
| 2017 | $3,126 +3.7% | $278,272 +2% |
| 2016 | $3,013 +1.5% | $272,817 +1.5% |
| 2015 | $2,970 +1.6% | $268,720 +2% |
| 2014 | $2,923 | $263,457 +0.5% |
| 2013 | -- | $262,267 +2% |
| 2012 | -- | $257,126 +2% |
| 2011 | -- | $252,086 +0.8% |
| 2010 | -- | $250,203 -0.2% |
| 2009 | -- | $250,799 +2% |
| 2008 | -- | $245,883 +2% |
| 2007 | -- | $241,063 +2% |
| 2006 | -- | $236,337 +2% |
| 2005 | -- | $231,704 +2% |
| 2004 | -- | $227,162 +1.9% |
| 2003 | -- | $223,000 +155% |
| 2002 | $33 | $87,464 +2% |
| 2001 | $33 | $85,752 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 95945
Nearby schools
GreatSchools rating
- 3/10Margaret G. Scotten Elementary SchoolGrades: K-4Distance: 0.8 mi
- 4/10Lyman Gilmore Middle SchoolGrades: 5-8Distance: 0.8 mi
- 7/10Nevada Union High SchoolGrades: 9-12Distance: 2.5 mi
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