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Cameo Drive

Grass Valley, CA 95949
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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 crit ically 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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Detail Ic Property Details

Property Type : Land

Price : $1,100,000

AD Id : 75941464

MLS Id : 226026859

Year Built : --

County : Nevada

  • Map Map

Map

Feature Features

  • Water/Sewer

    Sewer: Special Requirements
  • Heating & Cooling

    WaterSource: Public

  • Road Types

    Highway Exposure, Highway

  • Lot Information

    Lot Description: Public Trans Nearby, Shape Irregular Lot Square Feet: 217,800 Topography: Snow Line Below, Trees, Lot Grade Varies

    Property Information

    Property Type: Land Sub Type: Commercial Lot Cross Street: Hwy 49 Source Neighborhood: 13111 Postal Code Plus 4: 8315 Area: Grass Valley S: 95949 Zoning: Planned Unit Development, Multi-Residential

    Farm Info

    Irrigation Source: Public

  • Listing Price Information

    Listing Id: 226026859 List Price: $1,100,000

  • Tax Information

    Parcel Number: 057-141-029-000

  • Elementary School District: Pleasant Ridge
    Junior High School District: Pleasant Ridge
    Senior High School District: Nevada Joint Union
  • Utility Information

    Cable Available, Internet Available
  • Location Information

    Direction: From Grass Valley: Hwy 49 S. Left on Cameo Drive
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
Ballantree Lane, Grass Valley, CA, 95949 $399,000 -- -- -- 217,800 Sqft(Lot)
Dawnridge Court, Grass Valley, CA, 95949 $129,900 -- -- -- 397,702.80 Sqft(Lot)
Oxnard Court, Grass Valley, CA, 95949 $139,000 -- -- -- Acres (Lot)--
Deadmans Flat Road, Grass Valley, CA, 95949 $1,200,000 -- -- -- 7,775,895.60 Sqft(Lot)
Cab Calloway, Grass Valley, CA, 95949 $70,000 -- -- -- Acres (Lot)--
Retherford Road, Grass Valley, CA, 95949 $829,000 -- -- -- Acres (Lot)--
River Ranch Road, Grass Valley, CA, 95949 $119,900 -- -- -- 435,600 Sqft(Lot)
Crosswhite Court, Grass Valley, CA, 95949 $299,000 -- -- -- 244,807.20 Sqft(Lot)
Peyton Pl, Grass Valley, CA, 95949 $166,500 -- -- -- Acres (Lot)--
Dawn Lane, Grass Valley, CA, 95949 $529,500 -- -- -- Acres (Lot)--

ByOwner last updated this listing 06/05/2026 @ 17:31

MLS: 226026859 LISTED BY: Tyson Tucker, Coldwell Banker Commercial Grass Roots Realty SOURCE: MLS Metrolist

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