14792 Wabash Ave, Grass Valley, CA, 95945
About This Home
Unlock exceptional income and lifestyle potential at this rare 16.97-acre AG/Residential Income opportunity in Chicago Park, ideally located just off Highway 80 between the Bay Area and Lake Tahoe. This value-add property offers multiple revenue streams with a leasable home, and land that has been a permitted cannabis grow, and an established 3.2-acre vineyard featuring six grape varieties including Nero D'Avola, Teroldego, Dolcetto, Aglianico, Falanghina, and Vermentino. The property is well-equipped for expansion, with two wells, 5 miners inches of NID raw water (approx. 55 GPM), three PG&E services including two with 3-phase power, and additional land for future vineyard development or other income-producing uses. Improvements include a versatile shop with partial insulation, RV hookup and dump, water and sewer connections, camera system, and a septic system designed for a future two-bedroom residence. A scenic pond with an engineered dam, surrounding hose bibs, and a nearby future homesite adds to the property's appeal. Newer well and roof improvements, plus included farm and utility equipment, make this a compelling turnkey investment with room to grow. This property is zoned AG-5 and can be split.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1962
Materials
- Foundation: Raised
- Roof: Shingle
- Construction materials: Frame,Wood
Type & Style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subType: Single Family Residence
Interior
Appliances
- Laundry features: Sink,Hookups Only
Bedrooms & Bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Dining Room
- Features: Breakfast Nook
Features
- Flooring: Stone,Linoleum,Wood
- Number of fireplaces: 1
- Fireplace features: Family Room,Stone,Gas
- Fireplace: Yes
Heating & Cooling
- Heating features: Propane,Propane Stove,Electric
- Cooling features: Ceiling Fan(s)
Interior Area
- Total interior livable area: 1,700 sqft
Kitchen
- Features: Tile Counters
Property
Details
- Parcel number: 028380012000
- Zoning description: AG-5
- Special condition: Other
Features
- Waterfront features: Pond
Lot
- Lot size: 16.97 Acres
- Features: Sprinklers In Front,Court,Private,Dead End,Flag Lot,Landscape Back,Landscape Front
Parking
- Total spaces: 5
- Parking features: 24'+ Deep Garage,RV Access/Parking,RV Garage Detached,RV Storage,Garage Faces Front,Workshop in Garage
- Has garage: Yes
- Attached garage spaces: 5
- Covered spaces: 5
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
- Inland Flooding
- Lightning
- Avalanche
- Earthquake
- Landslide
- Winter Weather
How This Home’s Risks Compare
FEMA Declared Disasters in Nevada County and California
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $4,045 | $48,540 |
| Home Insurance * | $359 | $4,308 |
| Property Taxes | $732 | $8,784 |
| Electricity | $398 | $4,786 |
| Total | $5,534 | $66,408 |
Income You'd Need if You Spent...
California FAIR Plan Programs
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-05-05 | Listed for sale | $1,495,000 |
| 2025-06-24 | Listing removed | -- |
| 2025-03-27 | Listed for sale | $1,450,000 |
| 2017-06-29 | Listing removed | $1,850 |
| 2017-06-20 | Listed for rent | $1,850 |
| 2012-04-06 | Sold | $415,000 |
| 2012-01-21 | Listed for sale | $574,500 |
| 2011-11-17 | Listing removed | $574,500 |
| 2011-08-13 | Price change | $574,500 |
| 2011-07-26 | Listed for sale | $549,500 |
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