22630 Cameo Drive Grass Valley, CA $ 1,100,000
22630 Cameo Drive
$ 1,100,000
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22630 Cameo Drive

Grass Valley, CA, 95949
$ 1,100,000
Baths0.0

Monthly Estimate*

$ 6,773

22630 Cameo Drive, Grass Valley, CA 95949 - Image 1
22630 Cameo Drive, Grass Valley, CA 95949 - Image 2
22630 Cameo Drive, Grass Valley, CA 95949 - Image 3
22630 Cameo Drive, Grass Valley, CA 95949 - Image 4
22630 Cameo Drive, Grass Valley, CA 95949 - Image 5
Studio

Lots and Land for sale in Grass Valley, CA

for $1,100,000. The lot size is 5.

Investment opportunity for the development of high impact affordable housing in the Greater Higgins area of Grass Valley, California. The Cameo Affordable Housing Land (Cameo''), located at 22630 Cameo Drive, comprises a 5-acre parcel strategically positioned to serve the region's increasing demand for affordable housing. Cameo represents a unique opportunity to acquire and develop a fast to market, transformative, low income, high-density residential project in an area marked by ongoing growth and infrastructure development. The latest proposal for the development includes 48 rent-restricted units, comprised of twelve (12) one-bedroom units, twenty-four (24) two-bedroom units, and twelve (12) three-bedroom units, all restricted at 30%, 50%, or 60% of AMI. This project will deliver critically needed affordable housing in western Nevada County and is eligible for California Low-Income Housing Tax Credits (LIHTC), providing valuable financial incentives for developers The project was previously in contract with a developer who secured over $10 million in infill and infrastructure grants and completed all necessary engineering studies, including geotechnical, biological, traffic, drainage, and hazardous waste reports. Additionally, preliminary architectural and civil plans have been prepared, allowing a developer to leverage the existing reports and submittals, saving hundreds of thousands of dollars in soft costs and significantly reducing the time to market.

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Lots and Land Active

Price

$ 1,100,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

$ 0

Style

Commercial Lot

Lot Size

5

Town/City

Grass Valley

County/Region

Nevada

MLS | Web ID

226026859

Features
General
Sewer Special Requirements
Utilities Cable Available Internet Available
Development Status Raw Land
Zoning R3-RH-SC-SP
HOA Fee 0
Crops None
Topography Snow Line Below Trees Lot Grade Varies
Property Subtype Commercial Lot
Current Use Other
Elevation 0
County Nevada
Property Type Land
HOA N
Distance To Electric Electricity To Site
Possible Use Residential Commercial
Close Price 0.0
Status Active
Directions From Grass Valley: Hwy 49 S. Left on Cameo Drive
City Grass Valley
High School District Nevada Joint Union
Zoning Description Planned Unit Development Multi-Residential
MLS Area 13111
Lot Size Square Feet 217800.0
Standard Status Active
Middle/Junior School District Pleasant Ridge
Elementary School District Pleasant Ridge
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Exterior
Vegetation Trees Many
Lot Features Public Trans Nearby Shape Irregular
Water Source Public
Total Parking 0.0
Lot Size Acres 5.0
Lot Size Source Assessor Auto-Fill
Road Frontage Type Highway Exposure Highway
Number of Lots 0
Horse Y/N N
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Internal Only
Street Number 1 22630
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* Excluded Features
List By
Coldwell Banker Commercial Grass Roots Realty

Broker

ttucker@cbcommercialgr.com

Email

Affordability Calculator

$6,773
Per Month
100%
0%
0%
Monthly Principal & Interest
$6,773
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
3193658 Elementary School
3193648 Middle School
Unknown High School High School
Pricing History
Date Price Price Change Description
3/6/2026 $1,100,000 Listed Price

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22630 Cameo Drive, Grass Valley, CA, 95949 is a Lots and Land for sale at $1,100,000 with a lot size of 5. 22630 Cameo Drive is a studio with 0.0 baths. The property's zip code is 95949 which is in Grass Valley, CA