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Entitled Residential Development Land

17238 Carrie Ann Ln, Penn Valley, CA 95946

For Sale
$499,000

Level development site with year-round Squirrel Creek and access easements, zoned for up to 91 residential units.

Property SizeContact for details
Lot Size20.00 Acres
Days on Market211

Property Features for 17238 Carrie Ann Ln

General Information

Standard status Active
Lot size 20.00 Acres
Property subtype Land/Lot

Site & Location

Highway Access Yes
Road Access Yes
Utilities to Site Yes

Additional Details

Multifamily Units 91
Listing Agency: Century 21 Cornerstone Realty
Listed By: Mimi H. Simmons · License CA #00871435
Source: Sacramentoareahouses
Added: Apr 14 Changed: Nov 1 Last Checked: Nov 8 at 6:53AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Century 21 Cornerstone Realty

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Investment Insights

Based on property information with market context.

This offering is a 20-acre residential development parcel with level topography, mature tree cover, and year-round Squirrel Creek. The site is described as being within the Penn Valley Master Plan’s Downtown Core, and it is zoned for up to 91 residential units, with additional potential for ADUs subject to approvals. The property’s layout and natural features include heritage oaks and a tranquil creek presence.

Access and circulation are supported through three separate access easements. Two newly recorded deeded easements, along with the original access easement through the adjacent Mobile Home Park, are described as satisfying County access requirements and providing ingress and egress from Penn Valley Drive and Western Gateway Park. The location is also described as offering visibility from Highway 20 and being within walking distance of downtown Penn Valley businesses.

Public utilities, including power, water, and sewer, are listed as available to the site, supporting residential development planning within the Penn Valley Master Plan framework.

Key Highlights

  • 20‑acre level development site in Penn Valley with year‑round Squirrel Creek
  • Zoned for up to 91 residential units, with additional potential for ADUs (subject to approvals)
  • Three separate access easements for ingress and egress from Penn Valley Drive and Western Gateway Park

Property Analytics

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Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage HVAC Service Pharmacy Dental Office Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

91
Residential units
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

151
Businesses Nearby

Demographics for 95946, CA

9,964
Population
4,337
Households
2.3
Avg Household Size
56
Median Age
35%
College-Educated
94%
High-School Grad
44.7 sq mi
ZIP Area
223
Density / Sq Mi
$84,700
Median Household Income
$43,780
Median Earnings
$2,049
Median Rent
$534,400
Median Home Value
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Level development site with year-round Squirrel Creek and access easements, zoned for up to 91 residential units.
Where is this residential land & home lot located?
The property is located at 17238 Carrie Ann Ln Penn Valley, CA.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: 20‑acre level development site in Penn Valley with year‑round Squirrel Creek; Zoned for up to 91 residential units, with additional potential for ADUs (subject to approvals); Three separate access easements for ingress and egress from Penn Valley Drive and Western Gateway Park
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