See other homes in:
Primary listing photo
Listing photo 2
Listing photo 3
Listing photo 4
Listing photo 5

18339 Colfax Hwy, Grass Valley, CA, 95945

5beds
4baths
3,100sqft
$1,450,000
$468price/sqft
$9,529/moest. monthly cost
$381,160/yrincome needed

About This Home

This Sierra Foothills estate is coming to market for the first time in over 40 years. Nearly 9 private acres near Chicago Park, minutes from Highway 80. Fire station less than half a mile away on the same road exceptional peace of mind in the foothills. At the heart of the property: a stunning 2-acre private lake fed year-round by Clipper Creek with a depth-control system, a natural spring, and a custom switch-controlled waterfall built so naturally into the hillside you'd swear it was always there. Turn it on at sunset and you'll understand why this family never left. Clear heart redwood siding, aluminum shake roof, solid bones ready for your vision. The enclosed spa room looks directly over the lake. The deck is the best seat in the house morning coffee, sunset dinners, waterfall on. Detached garage with Hardiboard planking includes a finished room above with potential ADU conversion. Across the street: Happy Apple Kitchen, a beloved Sierra Foothills institution since 1974. Near the rear property line runs the former Nevada County Narrow Gauge Railroad corridor Gold Rush history from 1876 you can walk to. Wedding venue, retreat, wellness center with the right use permits the potential is extraordinary. But this land sells itself. Properties like this do not come back.

Getting Around

20
WalkingCar-Dependent
0
TransitVery Limited Transit
16
BikeSomewhat Bikeable

Schools

7/10
7/10
Nevada Union High SchoolGrades 9-127.4 mi

Construction

Condition

  • Year built: 1959

Materials

  • Foundation: Raised
  • Roof: Metal
  • Construction materials: Cement Siding,Wood,Wood Siding

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Laundry features: Laundry Room,Inside

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 4
  • Full bathrooms: 3
  • Partial bathrooms: 1

Dining Room

  • Features: Formal Area

Features

  • Flooring: Carpet,Linoleum
  • Number of fireplaces: 2
  • Fireplace features: Kitchen,Family Room,Wood Burning
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Central
  • Cooling features: Central Air

Interior Area

  • Total structure area: 0
  • Total interior livable area: 3,100 sqft

Kitchen

  • Features: Granite Counters

Master Bathroom

  • Features: Tub w/Shower Over

Master Bedroom

  • Features: Walk-In Closet

Property

Details

  • Parcel number: 028210007000
  • Zoning: AG-5
  • Special condition: Standard

Features

  • Levels: Three Or More
  • Stories: 3
  • Exterior features: Balcony
  • Waterfront features: Pond
  • Topography of land: Level,Level

Lot

  • Lot size: 8.93 Acres
  • Features: Shape Regular

Parking

  • Total spaces: 2
  • Parking features: Boat,Covered,RV Possible,Detached
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

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 FloodingModerate
  • Lightning
    LightningModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Wildfire
Inland Flooding
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 $7,331$87,972
Home Insurance *$652$7,824
Property Taxes $882$10,584
Electricity $664$7,977
Total$9,529$114,348
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$326,708/yr
40% on housing$285,870/yr
45% on housing$254,106/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

$468This listing

vs Other Active Listings

Avg $/sqft

ZIP 95945$322
Nevada County$362

vs Homes Sold Last Month

Median $/sqft

ZIP 95945$326
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)

No zestimate history available

Price History

DateEventPrice
2026-06-08Listed for sale$1,450,000

For Sale by Agent

AgentErin Newington
BrokerageReal Brokerage Technologies, Inc.

Similar Homes