Significant Price Reduction!!! Looking for that family retreat with far away mountain feel yet just a few minutes from downtown Nevada City? This property has so many options as a potential rental opportunities or family compound. The sprawling 6000+ SF floorplan lays out like a 10 different connected living areas with bathrooms, kitchenettes and common areas. The home is technically all one living structure per the county records but with creative separation and privacy that lends itself to living as a single family residence or potential multi-unit living situation. There is a detached 3 car garage with plenty of additional parking for RV or boat. Beautiful rock retaining walls with wrought iron fencing lend themselves to the theme of the compound which is The Railroad House with unique railroad accents throughout. Located just minutes to downtown Nevada City and all of the amenities that entails! The owner has been put under conservatorship and his estate now in charge of selling the home. This is truly a one of a kind home....must see to appreciate the potential.
Closed
Tax assessed value
$777,000
524 Railroad Ave, Nevada City, CA 95959
5beds
6,000sqft
Single Family Residence
Built in 1995
0.75 Acres Lot
$1,218,300 Zestimate®
$130/sqft
$5,158 Estimated rent
Home value
$1,218,300
$999,000 - $1.47M
$5,158/mo
Zestimate® history
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$4,950/mo
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List your homeWhat's special
Rv or boatWrought iron fencingRock retaining wallsPlenty of additional parking
Zillow last checked:
Listing updated:
Listed by:
Edith Heaney DRE #01835167 530-913-0150,
Sierra Heritage Realty,
Jeffrey Wood DRE #02143994 916-899-0144,
Sierra Heritage Realty
Bought with:
Alan Savage, DRE #01039993
Sierra Heritage Realty
Source: MetroList Services of CA,MLS#: 224045116Originating MLS: MetroList Services, Inc.
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 7
- Full bathrooms: 5
- Partial bathrooms: 2
Rooms
- Room types: Master Bedrooms 2+, Dining Room, Possible Guest, Family Room, Game Room, Studio, Guest Quarters, In Law Apartment, Wine Storage Area, Laundry
Primary bedroom
- Features: Balcony, Sitting Room, Ground Floor, Outside Access, Sitting Area
Primary bathroom
- Features: Shower Stall(s), Tub w/Shower Over
Dining room
- Features: Breakfast Nook, Bar, Dining/Family Combo, Formal Area
Kitchen
- Features: Breakfast Area, Pantry Cabinet, Pantry Closet, Kitchen Island, Kitchen/Family Combo, Tile Counters
Heating
- Central, Propane Stove, Wood Stove, MultiUnits, Natural Gas
Cooling
- Ceiling Fan(s), Central Air, Multi Units, Zoned
Appliances
- Included: Built-In Gas Range, Built-In Refrigerator, Dishwasher, Disposal, See Remarks
- Laundry: Laundry Room, Cabinets, Laundry Chute, Sink, Ground Floor, Upper Level, Hookups Only, Inside
Features
- Central Vac Plumbed, Central Vacuum
- Flooring: Carpet, Tile, Vinyl
- Number of fireplaces: 3
- Fireplace features: Wood Burning Stove, Gas Starter
Interior area
- Total interior livable area: 6,000 sqft
Property
Parking
- Total spaces: 2
- Parking features: Attached, Detached, Garage Faces Front, Gated
- Attached garage spaces: 2
Features
- Stories: 2
- Exterior features: Balcony, Entry Gate
- Fencing: Fenced,Partial,Gated
Lot
- Size: 0.75 Acres
- Features: See Remarks, Low Maintenance
Details
- Additional structures: Storage, Guest House, Workshop, Outbuilding
- Parcel number: 037050009000
- Zoning description: R1
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: French,Contemporary,Craftsman
- Property subtype: Single Family Residence
Materials
- Frame, Wood
- Foundation: Raised, Slab
- Roof: Composition
Condition
- Year built: 1995
Utilities & green energy
- Sewer: Public Sewer
- Water: Meter on Site, Water District, Public
- Utilities for property: Cable Available, Public, DSL Available, Natural Gas Connected
Community & HOA
Location
- Region: Nevada City
Financial & listing details
- Price per square foot: $130/sqft
- Tax assessed value: $777,000
- Annual tax amount: $8,207
- Date on market: 7/3/2025
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 1/27/2025 | Sold | $777,000+3.6%$130/sqft |
Source: MetroList Services of CA #224045116 Report a problem | ||
| 12/13/2024 | Pending sale | $750,000$125/sqft |
Source: MetroList Services of CA #224045116 Report a problem | ||
| 11/21/2024 | Listed for sale | $750,000$125/sqft |
Source: MetroList Services of CA #224045116 Report a problem | ||
| 11/9/2024 | Pending sale | $750,000$125/sqft |
Source: MetroList Services of CA #224045116 Report a problem | ||
| 11/1/2024 | Price change | $750,000-21%$125/sqft |
Source: MetroList Services of CA #224045116 Report a problem | ||
| 7/26/2024 | Listed for sale | $949,000$158/sqft |
Source: MetroList Services of CA #224045116 Report a problem | ||
| 2/10/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 7/11/2018 | Listing removed | $1,400 |
Source: Owner Report a problem | ||
| 6/19/2018 | Listed for rent | $1,400 |
Source: Owner Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $8,207 +38.8% | $777,000 +37.3% |
| 2024 | $5,914 +1.9% | $565,846 +2% |
| 2023 | $5,804 +2.1% | $554,752 +2% |
| 2022 | $5,686 +2.6% | $543,876 +2% |
| 2021 | $5,540 +0.2% | $533,213 +1% |
| 2020 | $5,531 +2.1% | $527,747 +2% |
| 2019 | $5,419 +2% | $517,400 +2% |
| 2018 | $5,314 +1.9% | $507,256 +2% |
| 2017 | $5,213 +3.8% | $497,311 +2% |
| 2016 | $5,021 +1.4% | $487,561 +1.5% |
| 2015 | $4,950 +1.6% | $480,240 +2% |
| 2014 | $4,875 | $470,835 +0.5% |
| 2013 | -- | $468,709 +2% |
| 2012 | -- | $459,520 +2% |
| 2011 | -- | $450,512 +0.8% |
| 2010 | -- | $447,147 -0.2% |
| 2009 | -- | $448,211 +2% |
| 2008 | -- | $439,425 +2% |
| 2007 | -- | $430,811 +2% |
| 2006 | -- | $422,365 +2% |
| 2005 | -- | $414,085 +2% |
| 2004 | -- | $405,968 +1.9% |
| 2003 | -- | $398,529 +2% |
| 2002 | $127 | $390,730 +2% |
| 2001 | $127 | $383,070 |
Find assessor info on the county website
Neighborhood: 95959
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Nearby schools
GreatSchools rating
- 6/10Deer Creek Elementary SchoolGrades: K-3Distance: 0.8 mi
- 7/10Seven Hills Intermediate SchoolGrades: 4-8Distance: 0.8 mi
- 7/10Nevada Union High SchoolGrades: 9-12Distance: 2.2 mi
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- California
- Nevada County
- Nevada City
- 95959
- 524 Railroad Ave
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