$500,512Average Value$282Average Price per Sq Ft45Homes For Sale
Penn Valley is largely rural with suburban charms
During California's Gold Rush era, Penn Valley's farmlands served as the "pantry" for the northern mines. More than 170 years later, the community remains largely rural, with homes on acres, while also incorporating suburban lifestyles, including a golf course community. Located at the foothills of the Sierra Mountains, Penn Valley could be described as a sweet spot geographically. "We're above the fog and below the snow," says Realtor and broker Dick Law, president of Paul Law Realty. "In California's Central Valley, winter fog can get so thick you can't see your hand in front of your face." He adds that just 12 miles away, Nevada City experiences harsher winters due to its higher elevation. Residents of Penn Valley enjoy a large recreational park, riding their horses through the valley and aren't too far from swimming holes and trails along the South Yuba River canyon. There are also enough restaurants to satisfy a wide range of cravings in Penn Valley, even if retail is relatively slim.
Lake Wildwood Golf Course is an 18-hole course in Penn Valley.
The beautiful Yuba River gorge is a hiker, and swimmers paradise just north of Penn Valley.
1/2
Homes in the countryside or on the golf course
Ranch styles, farmhouse styles and custom builds settle on small residential lots and expansive acreage in Penn Valley. Some newer properties are built in old-world styles, from Mediterranean to Victorian. Many properties are zoned for horses, often with barns, riding trails and fenced-in pastures. Lake Wildwood, a gated community established in the 1960s, has homes overlooking an 18-hole golf course and a 300-acre lake. Residents also enjoy private parks and over 40 clubs supported by The Lake Wildwood Community Association, including for golf, fishing, gardening, music and pickleball. “Before Lake Wildwood was created, we called Penn Valley Penntucky. It just had a really rural downhome feeling, and Lake Wildwood created a more suburban atmosphere,” Law says, adding that he lived in the golf course community for decades. The median sale price in Penn Valley is $520,000, but a lakefront home can go for over $2 million and a tiny, manufactured home for less than $30,000.
This custom-built home offers a dormer window, 3-car garage and rock face accents in Penn Valley.
This ranch-style home is the typical style of home you will find in Penn Valley.
1/2
Penn Valley's sports courts, dog park and swimming holes
Western Gateway Park is a community hub on the north side of town. Spanning nearly 90 acres, it encompasses diverse recreation, including a swimming lake and a range of sports courts, baseball fields and an 18-hole disc golf course. The park also offers playgrounds for various ages and an off-leash dog park. Hamilton Raptor Center is a volunteer-run, bird of prey rescue that educates the public on raptor history and their integral role in nature. South Yuba River State Park is in the greater Penn Valley region. Stretching along the South Yuba River canyon for 20 miles, the park hosts 9 trails, including the Independence Trail, which is wheelchair accessible. Swimming holes and historic bridges punctuate the park, and native flowers brighten it during the springtime.
The Yuba River, just north of Penn Valley, has some great swimming holes.
Your dog will love the dog park at Western Gateway Park.
1/2
Places to buy chicken feed and get a good meal
Most shopping and dining surround Penn Valley Drive and Highway 20. Players Restaurant and Sports Bar is a go-to for their pizza of the month specials and family spaghetti nights. The bar also hosts jam sessions and open mic nights on Wednesday nights. Daybreak Cafe whips up breakfast staples, from omelets to pancakes. Blue Cow Deli’s menu has a long list of sandwiches, from chicken pesto paninis to simple ham and cheese. Crazy 4 Yogurt is in town for a sweet treat. Western Gateway Park hosts the Penn Valley Farmers Market from spring to fall. Holiday Market is in town for groceries. Retailers from True Value Fence and Ranch Supply to Pearsons Feed serve local farmers and homesteaders. For more options, including chains such as Target and niche locally owned boutiques selling fair trade products, locals can head into Grass Valley, less than 9 miles away, and Nevada City, roughly 12 miles from Penn Valley.
Penn Valley’s Blue Cow Deli has amazing, tasty sandwiches.
Penn Valley offers a local farmers market every Sunday.
1/2
Penn Valley Rodeo gives back to the community
The Penn Valley Rodeo is one of the biggest events of the year. The rodeo began in 1956 by local ranchers as a way to raise money for volunteer firefighters. Today, the rodeo still supports the community in numerous ways, including awarding scholarships annually to agriculture students and paramedics serving The Penn Valley Fire District.
Travelers take Route 20 and Nevada County Connects
California State Route 20 flows through Penn Valley. Route 6 of Nevada County Connects travelers to Grass Valley.
Public schools through two districts
Students attend the Penn Valley Union Elementary School District and the Nevada Joint Union High School District. They may begin at Ready Springs Elementary School, which is rated B-minus on Niche and covers Kindergarten through eighth grade. From there, they may filter into Silver Springs High School, which earns a C. The elementary school's "Meaningful Enrichment" program provides individual support to students, helping them through their academic challenges.
The courses at Silver Springs High School encourage critical thinking and creativity.
Ready Springs Elementary School provides a safe, positive, and nurturing environment for students.
1/2
Penn Valley poses a fire risk
Fire is a concern here. A wildfire in 2024 led to the evacuation of parts of town, including Lake Wildwood.
Written By
Kathryn Ashworth
Photography Contributed By
Daniel Reagan
Video By
Mary Desmond
Interested in learning more about homes in this area?
Reach out to
Kelly McCarthy,
an experienced agent in this area.
GreatSchools:
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
View GreatSchools Rating Methodology
On average, homes in Penn Valley, CA sell after 60 days on the market compared to the national average of 52 days. The median sale price for homes in Penn Valley, CA over the last 12 months is $485,000, down 7% from the median home sale price over the previous 12 months.
Hilltop charm, views, and major upgrades await at this Nevada County haven. Tucked away with end-of-road privacy in the heart of Penn Valley, below the snowline and just 15 minutes to Grass Valley, this move-in-ready home offers both convenience and quiet. Step inside to an open-concept great room with vaulted ceilings, newly installed expansive windows, and a remodeled kitchen with custom
Peaceful Living in Lake Wildwood! Welcome to your serene retreat in the heart of the beautiful, gated Lake Wildwood community. This updated 3-bedroom, 2.5 bath home, offers comfort, style and functionality. Inside, you'll find fresh interior paint, brand-new flooring throughout, and a light filled kitchen with recently repainted cabinets and a newer wine fridge, perfect for entertaining.
Nestled in a quiet cul-de-sac in the gated Lake Wildwood community, this beautifully maintained 3BD/2BA single-story home offers 2,075 sq ft on a .52-acre lot with lake views. The spacious living room features a gas fireplace, new carpet, wall-mounted TV, and surround sound. Kitchen and dining areas open to an oversized back deckideal for entertaining under mature shade trees. The primary suite
Discover the charm & character of this 3/4-bdrm home with a fabulous LAKE VIEW. This property offers a rare opportunity to own a home with timeless appeal in a serene and picturesque setting. Living room features large windows that frame the picturesque lake & the kitchen offers a functional layout that's perfect for crafting meals and memories. The adjoining dining room & family room (imagine
Fantastic development opportunity on this breathtaking LEVEL 20 acres with year round Squirrel Creek in the heart of Penn Valley. Zoned for 91 parcels with two deeded accesses, as required by the County. Freeway exposure but walking distance to the delightful downtown of Penn Valley with stores, restaurants and nurseries. This property would be ideal for a 55+ Community, especial within the
A fantastic opportunity for instant equity in this 2350 square foot home in the desirable Lake Wildwood community. Welcome to 13312 Thistle Loop Dr. This home boasts a large tri-level living room with a gas fireplace, vaulted ceilings, tons of natural lighting and double sliding glass doors to back porch for an open-air environment and entertaining area. Three good size secondary bedrooms and a
Walk Score® measures the walkability of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address. CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks.
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
