1600 Main St Grass Valley, CA 95945

This exceptional 14.68-acre development opportunity in Grass Valley, CA, presents a unique blend of accessibility, location, and zoning potential. Situated at 1600 E Main St, 95945, this property boasts over 1000 feet of frontage on East Main Street, less than a third of a mile from Highway 49, and benefits from its position between two major intersections. The gentle upslope topography offers a coveted southern exposure and desirable views. Zoned R-3 and R-1, this land is ideally suited for multi-family and single-family residential development, aligning perfectly with the city's general plan. Previous conceptual plans, reviewed by the city, included a 160-unit senior apartment complex, a 5,600 square foot community/senior center, 15 single-family residential lots, and an extension of Joerschke Drive. The property is divisible into three adjoining parcels, offering flexibility for various development scenarios. Its convenient location places it within walking distance of restaurants, shopping, medical facilities, Sierra College, a hospital, and a country club. All utilities are available on-site. The asking price is $2,000,000, with a land value of $3.36 per square foot. This is a rare infill site combining high-density zoning with a pastoral feel, offering unparalleled access and walkability.