$450,000
SOLD MAR 30, 2026

295 River Otter Way Grass Valley, CA 95945

4.92 Acres
$91,463 Price per Acre
214,315 Sq Ft Lot

Sale Details

Date Sold: March 30, 2026

5% Below List Price

140 Days on Market

Highlights

  • 4.92 Acre Lot
  • High Speed Internet
  • Paved or Partially Paved Lot
  • No HOA

About This Lot

As of March 2026

Incredible development opportunity in Grass Valley! River Otter is a builder-ready subdivision offering 14 recorded parcels for single-family and multi-family development, plus 3 common area parcels (17 total). This is a shovel-ready project with completed civil engineering, an approved tentative map, and ideal R-3 PD zoning allowing flexible development potential including duplexes, fourplexes, or small-scale build-to-rent communities. All city utilities are available including water, sewer, power, and natural gas and infrastructure planning is in place. Located within walking distance to shopping, public transportation (bus lines), and with quick access to the freeway, this infill site offers convenience, flexibility, and strong development potential in a supply-constrained housing market. *This is offered as a bulk sale of all 17 parcels - NO SALE of individual lots. Buyer to verify all information.

Last Agent to Sell the Property

Michael Faulkenberry

Coldwell Banker Grass Roots Realty License #02246897 Listed on: 06/09/2025

Coldwell Banker Grass Roots Realty

Last Buyer's Agent

Non-MLS Member

Non-MLS Office

Property Details

Property Type

  • Land

Lot Details

  • 4.92 Acre Lot
  • Street terminates at a dead end
  • Paved or Partially Paved Lot
  • Corners Of The Lot Have Been Marked
  • Few Trees
  • 17 Lots in the community
  • Rough Grade
  • Building or Site Plan Approved
  • Possible uses of the property include Residential, Subdivision
  • Subdivision Possible
  • Property is zoned R-3, Residential,Single-Family,Mixed,Multi-Residential

Utilities

  • Underground Utilities
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 029-370-002-000

Property Details

Property Type

Land

Lot Details

4.92 Acres

Listing Details

  • Property Type: Land
  • Property Subtype 1: Residential Lot
  • Special Features: None
  • Property Sub Type: LotsLands
  • Stories: 0

Exterior Features

  • Disclosures/Documents: Plot Map, Disclosure Package Available, Subdivision Map, Vacant Land Questionnaire, Parcel Map
  • Home Warranty: No
  • Horse Property: No
  • Listing Price: 475000.00
  • Lot Features: Dead End, Fire Hydrant(s), Storm Drain(s), Subdivided, Paved
  • New Construction: No
  • Pool: No
  • Road Frontage: City Street
  • Road Surface Type: Paved
  • Spa: No
  • Topography: Lot Grade Varies,Lot Grade Varies
  • Additional Living Units: No

Utilities

  • Sewer: Public Sewer
  • Utilities: Cable Available, Public, Sewer Available, Internet Available, Natural Gas Available, Underground Utilities, Natural Gas Connected, Water Available
  • Electric: Electric Available
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Fee Information

  • Land Lease: No

Schools

  • Senior High School District: Nevada Joint Union

Lot Info

  • Zoning: R-3
  • Crops: None
  • Current Use: Vacant
  • Development Status: Rough Grade, Corners Marked, Site Plan Approved, Subdivision Possible, Surveyed, Tentative Map Approved
  • Number of Lots: 17
  • Zoning Description: Residential,Single-Family,Mixed,Multi-Residential
  • Irrigation: None
  • Lot Size Acres: 4.9200
  • Lot Size Sq Ft: 214315.00
  • Possible Use: Residential, Subdivision
  • Second Parcel Number: See private remarks

Multi Family

  • Income Includes: ["None"]

Tax Info

  • Assessor Parcel Number: 029-370-002-000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Nevada

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 27, 2014
Sold by
Alstroemeria Asset Llc
Bought by
Cds Properties Inc

Purchase Details

Closed on
Apr 16, 2014
Sold by
First Community Bank
Bought by
Alstroemeria Asset Llc

Purchase Details

Closed on
Dec 20, 2013
Sold by
Freeman Lane Land Development Llc
Bought by
First Community Bank
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $550,000 Placer Title Company
Grant Deed -- None Available
Trustee Deed $1,632,983 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/30/2026 03/30/26 Sold $450,000 -5.3% --
10/27/2025 10/27/25 Pending -- -- --
08/01/2025 08/01/25 Price Changed $475,000 0.0% --
08/01/2025 08/01/25 For Sale $475,000 +5.6% --
07/02/2025 07/02/25 Pending -- -- --
06/23/2025 06/23/25 For Sale $450,000 0.0% --
06/17/2025 06/17/25 Pending -- -- --
06/09/2025 06/09/25 For Sale $450,000 -- --
Source: MetroList

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $486 $46,566 $46,566 --
2024 $474 $45,653 $45,653 --
2023 $474 $44,758 $44,758 $0
2022 $470 $43,881 $43,881 $0
2021 $460 $43,021 $43,021 $0
2020 $460 $42,580 $42,580 $0
2019 $440 $41,746 $41,746 $0
2018 $0 $40,928 $40,928 $0
2017 $421 $40,126 $40,126 $0
2016 $406 $39,340 $39,340 $0
2015 $400 $38,750 $38,750 $0
2014 $622 $60,000 $60,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 225068969

MetroList

APN: 029-370-002-000

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