$1,199,000

14792 Wabash Ave, Grass Valley, CA 95945

  • 3 beds |
  • 2 baths |
  • 1,700 sqft
  • Property Icon Single-Family Home
  • Property Year Built Icon Built in 1962
  • Property Lot Size Icon16.97acre lot
  • Property Parking Icon 5 car garage
  • Property Price Per Square Feet Icon $705/sqft
  • Property List Date Icon Listed 14 days ago

Property Description

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.

Listing Status:
Active
Data Last Updated:
May 20, 2026 at 5:30PM
Listing Office:
Keller Williams Realty : 7888800
Listing Agent:
Jeffery T Deter : 916 7492181
MLS ID:
226056035
  • Rooms: Bedroom(s)Dining RoomFamily RoomMaster BedroomFull Bath(s)Kitchen
  • Kitchen: Tile Counter
  • Dining: Breakfast Nook
  • Living Room: Other
  • Laundry: SinkHookups Only
  • Flooring: StoneLinoleumWood
  • A/C: Ceiling Fan(s)
  • Heating: PropanePropane StoveElectric
  • Fireplace: Family RoomStoneGas PipedFireplaces: 1
  • Style: Ranch
  • Parking: 24'+ Deep GarageRV AccessRV Garage DetachedRV StorageGarage Facing FrontWorkshop in GarageParking spaces: 0
  • Roofing: Shingle
  • General: FrameWoodRaised
  • HOA Amenities: 0.0
  • Originating MLS: MLS Metrolist
  • School District: Nevada
  • County: Nevada
  • Zoning: 028-380-012-000
  • View: OrchardForestLake
  • Utilities: Internet AvailableSee RemarksPropane3 Phase220 Volts
  • Water: Water DistrictWell
  • Sewer: Septic System
  • Source: MLS Metrolist

This listing courtesy of Jeffery T Deter , Keller Williams Realty

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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