Unlock exceptional income and lifestyle potential at this rare 16.97-acre AG/Residential Income opportunity in Chicago Park, ideally located just off Highway 80 between the Bay Area and Lake Tahoe. This value-add property offers multiple revenue streams with a leasable home, and land that has been a permitted cannabis grow, and an established 3.2-acre vineyard featuring six grape varieties including Nero D'Avola, Teroldego, Dolcetto, Aglianico, Falanghina, and Vermentino. The property is well-equipped for expansion, with two wells, 5 miners inches of NID raw water (approx. 55 GPM), three PG&E services including two with 3-phase power, and additional land for future vineyard development or other income-producing uses. Improvements include a versatile shop with partial insulation, RV hookup and dump, water and sewer connections, camera system, and a septic system designed for a future two-bedroom residence. A scenic pond with an engineered dam, surrounding hose bibs, and a nearby future homesite adds to the property's appeal. Newer well and roof improvements, plus included farm and utility equipment, make this a compelling turnkey investment with room to grow. This property is zoned AG-5 and can be split.
Pending
Price cut: $199K (7/7)
$800,000
14792 Wabash Ave, Grass Valley, CA 95945
3beds
1,700sqft
Single Family Residence
Built in 1962
16.97 Acres Lot
$782,200 Zestimate®
$471/sqft
$-- HOA
What's special
Leasable homeTwo wellsSurrounding hose bibsCamera systemRv hookup and dump
- 73 days |
- 752 |
- 30 |
Zillow last checked:
Listing updated:
Listed by:
Jeffery Deter DRE #01996552 916-749-2181,
Keller Williams Realty
Source: MetroList Services of CA,MLS#: 226056035Originating MLS: MetroList Services, Inc.
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Dining room
- Features: Breakfast Nook
Kitchen
- Features: Tile Counters
Heating
- Propane, Propane Stove, Electric
Cooling
- Ceiling Fan(s)
Appliances
- Laundry: Sink, Hookups Only
Features
- Flooring: Stone, Linoleum, Wood
- Number of fireplaces: 1
- Fireplace features: Family Room, Stone, Gas
Interior area
- Total structure area: 0
- Total interior livable area: 1,700 sqft
Property
Parking
- Total spaces: 5
- Parking features: 24'+ Deep Garage, RV Access/Parking, RV Garage Detached, RV Storage, Garage Faces Front, Workshop in Garage
- Garage spaces: 5
Features
- Waterfront features: Pond
Lot
- Size: 16.97 Acres
- Features: Sprinklers In Front, Court, Private, Dead End, Flag Lot, Landscape Back, Landscape Front
Details
- Parcel number: 028380012000
- Zoning: AG-5
- Special conditions: Other
- Horses can be raised: Yes
- Horse amenities: See Remarks
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence
Materials
- Frame, Wood
- Foundation: Raised
- Roof: Shingle
Condition
- Year built: 1962
Utilities & green energy
- Electric: 3 Phase, 220 Volts
- Sewer: Septic System
- Water: Water District, Well
- Utilities for property: Internet Available, See Remarks, Propane
Community & HOA
Location
- Region: Grass Valley
Financial & listing details
- Price per square foot: $471/sqft
- Tax assessed value: $547,779
- Annual tax amount: $5,995
- Price range: $800K - $800K
- Date on market: 5/5/2026
Estimated market value
$782,200
$743,000 - $821,000
$2,772/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/15/2026 | Pending sale | $800,000$471/sqft |
Source: MetroList Services of CA #226056035 Report a problem | ||
| 7/7/2026 | Price change | $800,000-19.9%$471/sqft |
Source: MetroList Services of CA #226056035 Report a problem | ||
| 6/17/2026 | Price change | $999,000+0.9%$588/sqft |
Source: MetroList Services of CA #226056035 Report a problem | ||
| 6/16/2026 | Price change | $990,000-17.4%$582/sqft |
Source: MetroList Services of CA #226056035 Report a problem | ||
| 5/19/2026 | Price change | $1,199,000-19.8%$705/sqft |
Source: MetroList Services of CA #226056035 Report a problem | ||
| 5/5/2026 | Listed for sale | $1,495,000+3.1%$879/sqft |
Source: MetroList Services of CA #226056035 Report a problem | ||
| 6/24/2025 | Listing removed | -- |
Source: MetroList Services of CA #225027795 Report a problem | ||
| 3/27/2025 | Listed for sale | $1,450,000+249.4%$853/sqft |
Source: MetroList Services of CA #225027795 Report a problem | ||
| 6/29/2017 | Listing removed | $1,850$1/sqft |
Source: Barrett Property Managment, Inc. Report a problem | ||
| 6/20/2017 | Listed for rent | $1,850$1/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 4/6/2012 | Sold | $415,000-27.8%$244/sqft |
Source: MetroList Services of CA #11603118 Report a problem | ||
| 1/21/2012 | Listed for sale | $574,500$338/sqft |
Source: Vflyer Homes #1040604 Report a problem | ||
| 11/17/2011 | Listing removed | $574,500$338/sqft |
Source: Network Real Estate #1040604 Report a problem | ||
| 8/13/2011 | Price change | $574,500+4.5%$338/sqft |
Source: Network Real Estate #1040604 Report a problem | ||
| 7/26/2011 | Listed for sale | $549,500$323/sqft |
Source: Network Real Estate #1040604 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,995 +2.1% | $547,779 +2% |
| 2024 | $5,871 +1.8% | $537,039 +2% |
| 2023 | $5,768 +11.8% | $526,510 +7.2% |
| 2022 | $5,158 +2.7% | $491,187 +2% |
| 2021 | $5,025 +0.2% | $481,557 +1% |
| 2020 | $5,016 +2.1% | $476,620 +2% |
| 2019 | $4,915 +2% | $467,276 +2% |
| 2018 | $4,821 +1.9% | $458,115 +2% |
| 2017 | $4,729 +3.8% | $449,133 +2% |
| 2016 | $4,556 +1.4% | $440,328 +1.5% |
| 2015 | $4,492 +1.5% | $433,715 +2% |
| 2014 | $4,424 | $425,220 +196.6% |
| 2013 | -- | $143,365 +2% |
| 2012 | -- | $140,555 +2% |
| 2011 | -- | $137,800 +0.8% |
| 2010 | -- | $136,771 -0.2% |
| 2009 | -- | $137,097 +2% |
| 2008 | -- | $134,410 +2% |
| 2007 | -- | $131,775 +2% |
| 2006 | -- | $129,192 +2% |
| 2005 | -- | $126,660 +2% |
| 2004 | -- | $124,177 +1.9% |
| 2003 | -- | $121,902 +2% |
| 2002 | -- | $119,513 +2% |
| 2001 | -- | $117,171 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 95945
Nearby schools
GreatSchools rating
- 7/10Chicago Park Elementary SchoolGrades: K-8Distance: 1.1 mi
- 7/10Nevada Union High SchoolGrades: 9-12Distance: 7.4 mi
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