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Pending
  • $500,000

    12281 Madrona Way, Nevada City, CA 95959

    2beds
    1,040sqft
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    Single Family Residence
    Built in 1977
    1.04 Acres Lot
    $494,300 Zestimate®
    $481/sqft
    $-- HOA

    What's special

    Stunning contemporary remodelBright welcoming and warmAbundant natural light throughoutOpen-concept floor planBeautifully updated kitchenNew hardie board sidingStainless steel bosch appliances
    Stunning contemporary remodel in Nevada City!!! Thoughtfully reimagined and beautifully crafted, this Banner Mountain retreat offers the perfect blend of modern comfort, natural materials, and convenient access to both Nevada City and Grass Valley. Situated on a very quiet and private-feeling acre less than 10 minutes from both downtowns, this extensively remodeled 2-bedroom, 2-bath home showcases quality workmanship and environmentally conscious, healthy and intentional design at every turn. The open-concept floor plan feels bright, welcoming and warm, highlighted by locally milled Doug Fir hardwood floors finished with zero-VOC wood oil, raised ceilings accented with locally sourced cedar planks, and abundant natural light throughout. The beautifully updated kitchen features Custom slow-close cabinetry, stainless steel Bosch appliances, butcher block countertops, and leathered black granite surfaces that create an inviting and refined aesthetic. The thoughtful details continue through the home with American Clay wall finishes in the bedrooms and hallway, lime plaster finishes in the bathrooms, and a cohesive design that reflects both craftsmanship and sustainability, incorporating natural and healthy materials throughout. One of the property's standout features is the expansive deck, nearly the size of the home itself, creating exceptional indoor-outdoor living space. Whether enjoying your morning coffee, entertaining guests, or unwinding at the end of the day, the deck overlooks beautiful views of the surrounding acre, offering a sense of privacy and connection to nature. Walking distance to the Cascade Canal Trail and other local loops, this location is ideal! Extensive improvements completed within the last five years include new Hardie board siding, Marvin windows, new doors with Emtek hardware roof, furnace, air conditioning system, water heater, and well pressure tank, providing peace of mind for years to come. Plus a newly built shed and plenty of room under the house offer so much space for storage. A rare opportunity to own a meticulously updated home in one of Nevada City's most desirable neighborhoods, where thoughtful design, quality materials, and a convenient lifestyle come together seamlessly.
    21 days
    |
    3,213
    |
    253
    |

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Sarah Stone-Francisco DRE #02133990 530-802-0239,

    Century 21 Cornerstone Realty

    Source: MetroList Services of CA,MLS#: 226078879Originating MLS: MetroList Services, Inc.

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 2
      • Full bathrooms: 2
      Rooms
      • Room types: Master Bathroom, Bathroom, Master Bedroom, Great Room, Kitchen
      Primary bedroom
      • Features: Balcony, Closet, Ground Floor
      Primary bathroom
      • Features: Shower Stall(s), Tile, Window
      Dining room
      • Features: Formal Area
      Kitchen
      • Features: Butcher Block Counters, Pantry Closet, Granite Counters, Kitchen/Family Combo
      Heating
      • Central, Wood Stove
      Cooling
      • Central Air
      Appliances
      • Included: Free-Standing Refrigerator, Built-In Gas Oven, Built-In Gas Range, Range Hood, Dishwasher, Dryer, Washer/Dryer Stacked, Washer
      • Laundry: In Kitchen
      Features
      • Flooring: Tile, Wood
      • Number of fireplaces: 1
      • Fireplace features: Living Room, Raised Hearth, Free Standing, Wood Burning Stove
      Interior area
      • Total structure area: 0
      • Total interior livable area: 1,040 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 5
      • Parking features: No Garage, RV Possible, Uncovered Parking Spaces 2+, Circular Driveway, Gentle Down Driveway/Sidewalks, Gentle Up Driveway/Sidewalks
      • Uncovered spaces: 5
      Features
      • Levels: One
      • Stories: 1
      • Fencing: None
      Lot
      • Size: 1.04 Acres
      • Features: Sprinklers In Front, Cul-De-Sac, Low Maintenance
      • Topography: Lot Grade Varies,Lot Grade Varies
      Details
      • Additional structures: Shed(s), Storage
      • Parcel number: 037200031000
      • Zoning: R1-3
      • Special conditions: Standard
      • Other equipment: Water Filter System

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Contemporary
      • Property subtype: Single Family Residence
      Materials
      • Cement Siding, Frame, Wall Insulation, Wood
      • Foundation: Raised, Concrete Perimeter
      • Roof: Composition
      Condition
      • Year built: 1977

      Utilities & green energy

      • Electric: 220 Volts
      • Sewer: Septic Connected
      • Water: Well
      • Utilities for property: Electric, Internet Available, Propane Tank Leased

      Community & HOA

      Location
      • Region: Nevada City

      Financial & listing details

      • Price per square foot: $481/sqft
      • Tax assessed value: $306,792
      • Annual tax amount: $3,478
      • Price range: $500K - $500K
      • Date on market: 6/23/2026
      • Road surface type: Paved, Gravel

        Estimated market value

        $494,300

        $470,000 - $519,000

        $2,431/mo

        Price history

        DateEventPrice
        7/10/2026Pending sale$500,000$481/sqft
        Source: MetroList Services of CA #226078879 Report a problem
        6/23/2026Listed for sale$500,000+88.7%$481/sqft
        Source: MetroList Services of CA #226078879 Report a problem
        7/27/2024Listing removed--
        Source: Zillow Rentals Report a problem
        7/24/2024Listed for rent$2,500$2/sqft
        Source: Zillow Rentals Report a problem
        1/10/2020Sold$265,000-11.4%$255/sqft
        Source: MetroList Services of CA #19069864 Report a problem
        12/19/2019Pending sale$299,000$288/sqft
        Source: CENTURY 21 Cornerstone #19069864 Report a problem
        11/6/2019Price change$299,000-6.3%$288/sqft
        Source: CENTURY 21 Cornerstone #19069864 Report a problem
        10/5/2019Listed for sale$319,000$307/sqft
        Source: Century 21 Cornerstone Realty #19069864 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$3,478 +2.2%$306,792 +2%
        2024$3,402 +2.1%$300,777 +2%
        2023$3,334 +2.1%$294,880 +2%
        2022$3,265 +8.4%$289,099 +8%
        2021$3,011 +68.6%$267,745 +71.5%
        2020$1,785 +2.2%$156,090 +2%
        2019$1,747 +2.1%$153,030 +2%
        2018$1,710 +2.1%$150,030 +2%
        2017$1,675 +3.7%$147,089 +2%
        2016$1,615 +1.6%$144,206 +1.5%
        2015$1,590 +1.7%$142,040 +2%
        2014$1,563 $139,259 +0.5%
        2013-- $138,630 +2%
        2012-- $135,913 +2%
        2011-- $133,249 +0.8%
        2010-- $132,254 -0.2%
        2009-- $132,569 +2%
        2008-- $129,971 +2%
        2007-- $127,424 +2%
        2006-- $124,926 +2%
        2005-- $122,477 +2%
        2004-- $120,076 +1.9%
        2003-- $117,876 +2%
        2002$54 $115,566 +2%
        2001$54 $113,301
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 95959

        Getting around

        1 / 100
        Car-Dependent
        7 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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