220 Colfax Ave, Grass Valley, CA 95945

$1,195,000 Asking Price

6 beds
6 baths
2,595  sqft
Built in 1890

Spectacular property meets business opportunity located in Historic Downtown Grass Valley: Today's Golden Dream! Enjoy living in the newly-renovated downtown district with restaurants, shops, theaters and more. Elegant classic Victorian with modern remodel and improvements throughout. This property currently operates as The Golden Dreams Inn with 9 off-street parking spaces + additional street parking. Also included are RV water & power hookups. This unique property has NC Flex zoning and can be used as a multi-unit, residential home, apartments, or of course can operate as an Inn. The Ground floor hosts a stunning and spacious apartment with huge master suite, large kitchen, gracious formal living area with beautiful sliding wood doors which could also serve as a second bedroom, elegant dining area with gorgeous crown molding and an abundance of light. Bonus storage and laundry area. Second floor hosts four separate studio's all have kitchenettes and are en-suite with private bathrooms. The third floor has a manager's quarters, private bath and kitchenette. The modern touches blend beautifully with the charm of yesteryear. Large lot with many diverse trees including fruit, roses and more. This is an excellent opportunity to own a part of Nevada County's Historical Heritag


Features & Amenities

Interior

General:
Formal Entry
Rooms:
Bedroom(s),Living Room,Dining Room,Family Room,Full Bath(s),Kitchen, Bedroom(s),Living Room,Dining Room,Family Room,Master Bedroom,Full Bath(s),Kitchen, Bedroom(s)
Master Bedroom:
Ground Floor
Master Bath:
Tub w/Shower Over
Kitchen:
Breakfast Area
Appliances:
Free Standing Refrigerator
Dining:
Space in Kitchen,Formal Area
Living Room:
Cathedral/Vaulted,Great Room
Laundry:
Washer Included,Inside Area
Basement:
Partial
Flooring:
Carpet,Tile,Vinyl,Wood
A/C:
Central,Wall Unit(s)
Heating:
Central
Fireplace:
Fireplaces: 0

Exterior

Style:
Victorian
Other Structures:
Shed(s)
Parking:
Private,Guest Parking Available, Parking spaces: 0

Construction

Roofing:
Composition
General:
Wood, ThreeOrMore, Combination

Location

Road/Access:
Asphalt
HOA Amenities:
0.0
Originating MLS:
MLS Metrolist
School District:
Nevada
County:
Nevada

Lot

Zoning:
008-423-011-000
View:
City
Fencing:
Full

Utilities

Utilities:
Natural Gas Available, 220 Volts
Water:
Meter on Site,Public
Sewer:
Sewer Connected,Sewer in Street

Financial

Source:
MLS Metrolist

This listing courtesy of:
Century 21 Cornerstone Realty, Dana C Frederick

About Grass Valley, CA

Housing

Number of Units
22,641
Median Home Value
$407,497
Median Rent
$1,034

28.83% of housing units are renter occupied.

6.79% are vacant.

Commute

Car
69.99%
Public Transportation
0.15%
Walk to Work
2.21%
Work from Home
25.59%
Other
1.54%

The median travel time to work is 19 minutes.

People

Population
47,920
Median Age
50.90
Median Household Size
2.39

Education

High School
22.38%
Associate’s Degree
11.81%
Bachelor’s Degree
21.04%
Graduate Degree
11.14%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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