For the love of this home, peace and serenity await you. Possible Koi Pond, Garden, and so much more! Opportunity knocks with this property offering privacy, acreage, and the Bear River nearby. Set in a peaceful location surrounded by nature and wildlife, this home is ready for a fresh touch up. While it will require work and care, the potential is undeniable, with some updates, this property could be your dream home, a rental investment, or a weekend retreat. The spacious parcel provides room to garden, expand outdoor living, or simply enjoy the quiet beauty of the trees and natural setting. Conveniently located just 15 minutes to Downtown Grass Valley, schools, shopping, dining, and services, you'll enjoy both privacy and accessibility. Outdoor enthusiasts will appreciate close proximity to the Bear River, area lakes, and miles of recreation trails. For those ready to put in the effort, this is an excellent opportunity to build equity and create value in one of Nevada County's highly desirable areas. Don't miss your chance to invest in this property with acreage, location, and equity potential.
Active
$500,000
15241 Magnolia Rd, Grass Valley, CA 95949
3beds
2,128sqft
Est.:
Single Family Residence
Built in 1976
1.99 Acres Lot
$498,600 Zestimate®
$235/sqft
$-- HOA
What's special
- 1 day |
- 1,235 |
- 45 |
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Michael Thompson DRE #01498403 916-844-4099,
Century 21 Select Real Estate
Source: MetroList Services of CA,MLS#: 226062710Originating MLS: MetroList Services, Inc.
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Rooms
- Room types: Master Bathroom, Master Bedroom, Bonus Room, Kitchen, Laundry
Primary bedroom
- Features: Outside Access
Dining room
- Features: Dining/Living Combo, Other
Kitchen
- Features: Breakfast Area, Tile Counters
Heating
- Propane
Cooling
- Ceiling Fan(s), Wall Unit(s), Window Unit(s)
Appliances
- Included: Free-Standing Gas Range, Free-Standing Refrigerator, Range Hood, Ice Maker, Dishwasher, Microwave, Free-Standing Electric Oven, Other, Dryer, Washer
- Laundry: Laundry Room, Inside Room
Features
- Flooring: Carpet, Laminate, Tile
- Number of fireplaces: 1
- Fireplace features: Gas Log
Interior area
- Total interior livable area: 2,128 sqft
Video & virtual tour
Property
Parking
- Total spaces: 1
- Parking features: RV Access/Parking, RV Possible, RV Storage, Uncovered Parking Spaces 2+, Guest, Driveway
- Carport spaces: 1
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: Parking, Other
Features
- Exterior features: Balcony, Dog Run
- Fencing: None
- Waterfront features: Pond Seasonal
Lot
- Size: 1.99 Acres
- Features: Sprinklers In Front, Garden, Stream Seasonal, Other
Details
- Additional structures: Greenhouse
- Parcel number: 027130041000
- Zoning description: SFR
- Special conditions: Offer As Is,Other
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Farmhouse
- Property subtype: Single Family Residence
Materials
- Wood, Other
- Foundation: Raised, Other
- Roof: Composition,Other
Condition
- Year built: 1976
Utilities & green energy
- Sewer: Septic Connected, Other
- Water: Well
- Utilities for property: Electric, Propane
Community & HOA
Location
- Region: Grass Valley
Financial & listing details
- Price per square foot: $235/sqft
- Tax assessed value: $230,189
- Annual tax amount: $2,369
- Price range: $500K - $500K
- Date on market: 5/16/2026
- Road surface type: Paved
Estimated market value
$498,600
$474,000 - $524,000
$2,473/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/16/2026 | Listed for sale | $500,000+47.5%$235/sqft |
Source: MetroList Services of CA #226062710 Report a problem | ||
| 12/16/2025 | Listing removed | $339,000$159/sqft |
Source: MetroList Services of CA #225112893 Report a problem | ||
| 11/4/2025 | Price change | $339,000+3%$159/sqft |
Source: MetroList Services of CA #225112893 Report a problem | ||
| 9/30/2025 | Listed for sale | $329,000$155/sqft |
Source: MetroList Services of CA #225112893 Report a problem | ||
| 9/12/2025 | Pending sale | $329,000$155/sqft |
Source: MetroList Services of CA #225112893 Report a problem | ||
| 8/30/2025 | Listed for sale | $329,000-2.9%$155/sqft |
Source: MetroList Services of CA #225112893 Report a problem | ||
| 12/24/2014 | Sold | $339,000$159/sqft |
Source: MetroList Services of CA #14604356 Report a problem | ||
| 8/12/2014 | Listed for sale | $339,000+88.3%$159/sqft |
Source: Adachi Realty Group #20142347 Report a problem | ||
| 3/10/1999 | Sold | $180,000+188%$85/sqft |
Source: Public Record Report a problem | ||
| 6/18/1998 | Sold | $62,500$29/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | -- |
| 2024 | -- | -- |
| 2023 | -- | -- |
| 2022 | -- | -- |
| 2021 | -- | -- |
| 2020 | -- | -- |
| 2019 | -- | -- |
| 2018 | -- | -- |
| 2017 | -- | -- |
| 2016 | -- | -- |
| 2015 | $1,184 -50% | -- |
| 2014 | $2,369 | $230,189 +0.5% |
| 2013 | -- | $229,149 +2% |
| 2012 | -- | $224,657 +2% |
| 2011 | -- | $220,253 +0.8% |
| 2010 | -- | $218,608 -0.2% |
| 2009 | -- | $219,128 +2% |
| 2008 | -- | $214,832 +2% |
| 2007 | -- | $210,620 +2% |
| 2006 | -- | $206,491 +2% |
| 2005 | -- | $202,443 +2% |
| 2004 | -- | $198,474 +1.9% |
| 2003 | -- | $194,837 +2% |
| 2002 | $198 | $191,017 +2% |
| 2001 | $198 | $187,272 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
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All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Climate risks
Neighborhood: 95949
Nearby schools
GreatSchools rating
- 6/10Cottage Hill Elementary SchoolGrades: K-5Distance: 3 mi
- 7/10Magnolia Intermediate SchoolGrades: 6-8Distance: 3.1 mi
- 8/10Bear River High SchoolGrades: 9-12Distance: 3.5 mi
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
Local buyer's agents are ready to help
- California
- Nevada County
- Grass Valley
- 95949
- 15241 Magnolia Rd




