17238 CARRIE ANN LANE, PENN VALLEY, CA 95946

$395,000

MLS# 223018039

Active

TypeLot/Land
Beds0
Year Built
Baths0
Days On Market
Total Finished Sq. Ft.
Lot Size
Acres20.1

Property Description

LENDER FORECLOSURE. Lender wants this recent REO property off their books as soon as possible and has therefore discounted the price to under 68% of appraised value. Best all-cash, quick-close offer will take it. A strategically positioned multi-residential, commercial or mixed use property with almost 2000 feet of frontage on Highway 20 in the recently approved Village Core district of Penn Valley. Current zoning allows for up to 91 residential units, but other uses also acceptable. Aggressive pricing accounts for the need to perfect access to property. Seller may consider financing with 50% down.

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Property Details 17238 CARRIE ANN LANE, PENN VALLEY, CA 95946

Listing Courtesy of Highland Commercial, Inc.

Sub Type: Residential Acreage
School District: Nevada
County: Nevada
On Market Date: 03/06/2023
Date Last Updated: 09/12/2025
Terms: Cash

Directions: Highway 20 to Penn Valley Dr. Access to property planned via a to be developed road located along an existing easement that runs north toward the property from between the US Post Office and Dollar General on Penn Valley Dr. Best viewing of the property is via drive-by on Highway 20.

Size & Lot

Lot Size (sq. ft.): 875,556
Lot Description: Public Trans Nearby, Stream Year Round
Lot Size (Acres): 20.10
Lot Size (Sq. Ft.): 875,556

Utilities

Water: Irrigation District
Sewer: Sewer Available
Utility: Public, Water Available

Disclosures

Special Conditions: Short Sale, Real Estate Owned

The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

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