- Property Subtype:
- Single Family Residence
- Bedrooms:
- 3
- Full Bathrooms:
- 2
- Acres:
- ~ 16.97
- Approximate Square Footage:
- 1,700
- Lot Square Footage:
- 739,213
- Stories:
- 1
- Year Built:
- 1962
$1,495,000
14792 Wabash Avenue Grass Valley, 95945
3 Beds | 2 Full Baths | 1,700 SqFt | 17.0 Acres
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.
- County:
- Nevada
- HOA Dues:
- $0
- Zoning:
- AG-5
- Construction:
- Frame, Wood
- Foundation:
- Raised
- Roof Description:
- Shingle
- Site Description:
- Auto Sprinkler Front, Court, Pond Year Round, Private, Dead End, Flag Lot, Landscape Back, Landscape Front
- Style Description:
- Ranch
- Elementary School District:
- Chicago Park
- Middle School District:
- Nevada Joint Union
- High School District:
- Chicago Park
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Listings marked with V* indicate the seller is willing to entertain offers within a Listing Price range. For example, a Price of $140,000-$170,000 indicates the seller will entertain offers from $140,000 to $170,000.
Listing information last updated on May 7, 2026, 7:53 am PDT