
20849 New Rome Rd, Nevada City, CA 95959
Assigned contract $155,000 plus closing costs.
Will likely need full teardown & clean-up, approx 15~20k.
ARV ~ Depends what you create! Neighborhood is capable of >$400/sq ft
Multiple potential home sites
2 bed/1 bath
1393 sq ft
4.4 acre lot
built in 1951
Contact Robert at 530-575-9609
robert@swanridgehomes.com
This off market deal is in a highly desirable area just a couple minutes off the pavement, providing life in nature while only being 12 minutes from downtown Nevada City. This is a spot that will be easy to find tenants for, once it’s ready to receive them.
Details:
- The house is in poor condition and will likely need to be torn down. Even though its pier block foundation does seem solid, it was built pre-permitting and may be much easier to reset and have a clean slate to build on.
- Septic is very old, the 1000 gallon tank was recently pumped and passed inspection. The leach field on the other hand drained slowly, but was not inspected. The septic report is available for review here.
- There is a small pond too, but it will need some blackberry abatement before it’s really a feature of value.
- New well put in recently (13 GPM). Well report is available here. Basic mineral panel test is here.
- Grid power
- Multiple potential home sites. 4.4 acres to work with. Parcel map can be found here.
Get a starter home set up quick to cover your monthly costs and build out the dream home without timeline pressures. Drop a tiny home or a yurt and now you’ve got 3 doors for solid long term cash flow.
Contact Robert at 530-575-9609
robert@swanridgehomes.com