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203 Prospect St, Nevada City, CA, 95959

5beds
3baths
3,518sqft
$1,799,000
$511price/sqft
$12,518/moest. monthly cost
$500,720/yrincome needed

About This Home

This is one of those homes you don't come across often. An iconic 1890 Victorian set on a rare .42-acre corner lot, just a 5-minute golden hour walk to the heart of downtown Nevada City. Thoughtfully remodeled by a well-respected architect, the home honors its original character while creating a sense of ease and livability throughout. You feel it immediately10-foot ceilings, natural light pouring in, and rooms that are not only beautiful, but truly enjoyable to live in. Two distinct parlors offer flexibility depending on the momentone more formal with views over town and a gas fireplace, the other more relaxed, anchored by a vintage gas stove and an incredible antique wet bar that feels as though it's always been part of the home. The dining room carries that same sense of history with inlaid tile, oak floors, and touches of stained glass throughout. The kitchen leans modern where it matters, featuring quartzite counters, a center island, dual ovens, and French doors that open to the patiocreating a natural flow for entertaining or everyday living. The layout offers flexibility with two potential primary suitesone on each level. Upstairs, the primary suite feels like a true sanctuarywhere morning light moves through the bedroom and bath in a way that's hard to replicate and even harder to leave. With its own gas fireplace and a sense of quiet separation, it creates a calm, elevated retreat within the home. On the main level, a second suite provides a comfortable and convenient option for those seeking single-level living, guest accommodations, or multigenerational flexibility. Beyond the main living space, you'll find approximately 500+ square feet of beautifully finished additional areas, including a detached 350 sq ft guest-style quarters with its own kitchen and bath, connected by a charming catwalk, as well as a 250 sq ft wine cellar and lower-level space offering flexibility for storage, hobbies, or a private retreat. A two-car garage, hot tub, and expansive lotrare this close to downtowncomplete the property. Homes like this aren't just about square footagethey're about presence, history, and how a place feels the moment you step in. And this one delivers.

Getting Around

65
WalkingSomewhat Walkable
0
TransitVery Limited Transit
23
BikeSomewhat Bikeable

Schools

7/10
Nevada Union High SchoolGrades 9-122.6 mi
6/10

Construction

Condition

  • Year built: 1890

Materials

  • Foundation: Pillar/Post/Pier,Raised
  • Roof: Composition
  • Construction materials: Floor Insulation,Wall Insulation,Wood,Wood Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Victorian
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Built-In Electric Oven,Free-Standing Refrigerator,Range Hood,Dishwasher,Disposal,Microwave,Free-Standing Electric Oven,Wine Refrigerator
  • Laundry features: Laundry Room,Cabinets,Sink,Inside,Inside Room

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 3
  • Full bathrooms: 3

Dining Room

  • Features: Formal Room

Features

  • Central Vacuum
  • Flooring: Concrete,Tile,Wood
  • Number of fireplaces: 3
  • Fireplace features: Living Room,Master Bedroom,Family Room,Gas Log
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Baseboard,Radiant,Fireplace(s),Wood Stove,MultiUnits,Zoned,Natural Gas
  • Cooling features: Ceiling Fan(s),Central Air,Multi Units,Zoned

Interior Area

  • Total interior livable area: 3,518 sqft

Kitchen

  • Features: Other Counter,Pantry Cabinet,Kitchen Island,Stone Counters

Master Bathroom

  • Features: Shower Stall(s),Tile,Tub,Radiant Heat,Window

Master Bedroom

  • Features: Closet,Ground Floor,Walk-In Closet,Sitting Area

Property

Details

  • Parcel number: 005430024000
  • Zoning description: R-1
  • Special condition: Standard

Features

  • Exterior features: Balcony,Uncovered Courtyard
  • Fencing: Back Yard,Front Yard,Full

Lot

  • Lot size: 0.42 Acres
  • Features: Auto Sprinkler F&R,Corner Lot,Curb(s)/Gutter(s),Garden,Street Lights,Landscape Front,Landscaped

Parking

  • Total spaces: 2
  • Parking features: Alley Access,Detached,Garage Door Opener,Uncovered Parking Spaces 2+,Garage Faces Side,Guest
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Wildfire
    WildfireVery High
  • Inland Flooding
    Inland FloodingRelatively High
  • Earthquake
    EarthquakeModerate
  • Lightning
    LightningModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Wildfire
Inland Flooding
Earthquake
Lightning
Winter Weather

FEMA Declared Disasters in Nevada County and California

Earthquake
Flood
Mud Landslide
Severe Ice Storm
Severe Storm
Snowstorm
Straight Line Winds
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $9,096$109,152
Home Insurance *$936$11,232
Property Taxes $1,732$20,784
Electricity $754$9,052
Total$12,518$150,216
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$429,188/yr
40% on housing$375,540/yr
45% on housing$333,813/yr

California FAIR Plan Programs

California FAIR Plan Association

Covered
WildfireWildfire
Visit Website →
Current Policies
Residential: 417,310Commercial: 13,990
Total Premiums$1.42B
Total Exposure$429.84B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 18.4%
18.4%
0%30.0%
Electricity Growth Rate10-year average: 4.3%
4.3%
0%15.0%
Property Taxes Growth Rate2-year average: 1.9%
1.9%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$511This listing

vs Other Active Listings

Avg $/sqft

ZIP 95959$298
Nevada County$362

vs Homes Sold Last Month

Median $/sqft

ZIP 95959$311
Nevada County$344

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-04-16Listed for sale$1,799,000
2026-04-07Listing removed$1,799,000
2026-02-08Listed for sale$1,799,000
2025-10-11Listing removed$1,886,000
2025-06-23Price change$1,886,000
2025-04-17Listed for sale$1,986,000
2014-11-24Sold$618,000
2014-08-21Price change$649,000
2014-05-08Price change$699,000
2014-02-05Listed for sale$779,000
2012-05-26Listing removed$849,000
2012-03-31Listed for sale$849,000

For Sale by Agent

AgentTasha Locks
BrokerageeXp Realty of Northern California, Inc.

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