16

New Construction Homes for Sale in Penn Valley, CA

Section Image Section Image
  • 17238 Carrie Ann Ln, Penn Valley, CA 95946
    17238 Carrie Ann Ln, Penn Valley, CA 95946
    17238 Carrie Ann Ln, Penn Valley, CA 95946
    /41

    $659,000 Lot/Land

    17238 Carrie Ann Ln, Penn Valley, CA 95946

    • 20.1 Acres
    • $32,786 per Acre

    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. This prime location combines freeway exposure with the charm of being just a short walk to downtown Penn Valley's shops, restaurants, and nurseries. With close proximity to Lake Wildwood, the

    Agent Photo

    Mimi Simmons

    Century 21 Cornerstone Realty

    (530) 457-1811

    17238 Carrie Ann Ln, Penn Valley, CA 95946
  • 18093 Lasso Loop Unit B, Penn Valley, CA 95946
    18093 Lasso Loop Unit B, Penn Valley, CA 95946
    18093 Lasso Loop Unit B, Penn Valley, CA 95946
    /26

    $315,000 Custom Home

    18093 Lasso Loop Unit B, Penn Valley, CA 95946

    • 2 Beds
    • 2 Baths
    • 780 Sq Ft

    Investment opportunity with community benefit! Earn a solid return while providing much-needed local housing. This new construction duplex in Penn Valley town center features two 2BR/2BA units that will be sold individually, at cost and below market value to assure both affordability and profit. Smaller Unit of the Duplex (Unit B). Developed by NevCo West Community Land Trust to provide workforce

    Chris Ring Gold Country Ranches and Realty

    18093 Lasso Loop Unit B, Penn Valley, CA 95946
  • 10932 Oak Canyon Dr, Penn Valley, CA 95946
    10932 Oak Canyon Dr, Penn Valley, CA 95946
    10932 Oak Canyon Dr, Penn Valley, CA 95946
    /39

    $129,000 Lot/Land

    10932 Oak Canyon Dr, Penn Valley, CA 95946

    • 10 Acres
    • $12,900 per Acre

    Beautiful VIEW Acreage, located nearby Oak Canyon Estates, in an area of tasteful homes. A lovely seasonal creek and waterfall enhance the beauty of this property nearly year-round. Conveniently located on paved roads with easy access to Penn Valley, Grass Valley and Nevada City. Many improvements have already been done, including a circular rough cut driveway, a well, drilled in 2005 at 475

    Michelle DeVita Century 21 Cornerstone Realty

    10932 Oak Canyon Dr, Penn Valley, CA 95946
  • 14481 Oak Ridge Rd, Penn Valley, CA 95946
    14481 Oak Ridge Rd, Penn Valley, CA 95946
    14481 Oak Ridge Rd, Penn Valley, CA 95946
    /46

    $925,000 Lot/Land

    14481 Oak Ridge Rd, Penn Valley, CA 95946

    • 241 Acres
    • $3,838 per Acre

    Discover 241 acres of pristine Northern California beauty, spanning three parcels from Grass Valley to Penn Valley. This fully fenced property features wide-open meadows, seasonal streams, and gently rolling, usable terrain. With 6 miners inches of NID water, power on site, and paved road access, it's ready for you to build the dream estate, private retreat, or ranch you've always imagined.

    Narissa Jennings eXp Realty of Northern California, Inc.

    14481 Oak Ridge Rd, Penn Valley, CA 95946
  • 19994 John Born Rd, Penn Valley, CA 95946
    19994 John Born Rd, Penn Valley, CA 95946
    19994 John Born Rd, Penn Valley, CA 95946
    /56

    $179,000 Lot/Land

    19994 John Born Rd, Penn Valley, CA 95946

    • 10 Acres
    • $17,900 per Acre

    Above the fog and below the snow! Build your dream home in the Foothills on this gorgeous 10-acre property with awesome views. The possibilities are limitless; let your imagination go wild. Start your vineyard or orchard, grow your vegetables, raise some livestock. Great wells in the area and a power pole located at the road. Gentle upsloping property with great sun. Fantastic school system for

    Jim Frank Coldwell Banker Grass Roots Realty

    19994 John Born Rd, Penn Valley, CA 95946
  • 13669 Appaloosa Ct, Penn Valley, CA 95946
    13669 Appaloosa Ct, Penn Valley, CA 95946
    13669 Appaloosa Ct, Penn Valley, CA 95946
    /10

    $235,000 Lot/Land

    13669 Appaloosa Ct, Penn Valley, CA 95946

    • 10 Acres
    • $23,500 per Acre

    This is a gorgeous view property. Behind security gate, It is one of four properties on the court , off John Born Road. It is a gated access and has one home built on the neighboring land. It has outstanding long range views. There is a well report at 30 Gpm and a soils report for perc and mantle. Bring your dream home plans and build on this gorgeous land.Large price reduction, Seller motivated.

    Janet Fullmer Janet Fullmer

    13669 Appaloosa Ct, Penn Valley, CA 95946
  • 13033 Lake Wildwood Dr, Penn Valley, CA 95946
    13033 Lake Wildwood Dr, Penn Valley, CA 95946
    13033 Lake Wildwood Dr, Penn Valley, CA 95946
    /11

    $18,000 Lot/Land

    13033 Lake Wildwood Dr, Penn Valley, CA 95946

    • 0.29 Acre
    • $62,069 per Acre

    AMAZING PRICE ADJUSTMENT!!!Beautiful Buildable Lot For your Dream Home In A Great Location! Slight Upslope With Possible Views...Close To Hide Away Park and Beach...Lake Wildwood Is A Beautiful All Age Gated Community In The Sierra Foothills ~ 18 Hole Golf Course ~ Clubhouse ~ 19th Hole ~ Restaurant ~ Pro Shop ~ 320 Acre Lake ~ Boating ~ Water Ski ~ Tubing ~ Marina ~ 5 Lakeside Parks ~ Kids Play

    Pamela Sikes Sikes Realty

    13033 Lake Wildwood Dr, Penn Valley, CA 95946
  • 0 Lot 1 Wildwood Estates Unit 225153182, Penn Valley, CA 95946
    0 Lot 1 Wildwood Estates Unit 225153182, Penn Valley, CA 95946
    0 Lot 1 Wildwood Estates Unit 225153182, Penn Valley, CA 95946
    /3

    $375,000 Lot/Land

    0 Lot 1 Wildwood Estates Unit 225153182, Penn Valley, CA 95946

    • 32.2 Acres
    • $11,646 per Acre

    This parcel can be purchased together with Lot 3 for a combined acreage of 88.5 acres or separately. Lots of potential for development or smaller estate parcels through minor subdivision. Sewer and Water connections available. Access off of Pleasant Valley Rd.

    John Renwick RE/MAX Gold

    0 Lot 1 Wildwood Estates Unit 225153182, Penn Valley, CA 95946
  • 18175 Piper Ln, Penn Valley, CA 95946
    18175 Piper Ln, Penn Valley, CA 95946
    18175 Piper Ln, Penn Valley, CA 95946
    /22

    $99,000 Lot/Land

    18175 Piper Ln, Penn Valley, CA 95946

    • 12.93 Acres
    • $7,657 per Acre

    Seller financing available! Discover this beautiful property nestled minutes to town. Spanning nearly 13 acres, this parcel offers multiple level areas near the road, ideal for building your dream home. With a bit of brushing and grading, you'll unlock sweeping views and create a perfect setting for a residence, livestock, or agricultural use. This property offers well, solar powered with

    Dawn Ren'e RE/MAX Gold

    18175 Piper Ln, Penn Valley, CA 95946
  • 20248 Middle Keystone Ct, Penn Valley, CA 95946
    20248 Middle Keystone Ct, Penn Valley, CA 95946
    20248 Middle Keystone Ct, Penn Valley, CA 95946
    /4

    $329,000 Lot/Land

    20248 Middle Keystone Ct, Penn Valley, CA 95946

    • 10 Acres
    • $32,900 per Acre

    Dreaming of building your own home? This 10 acre property is waiting for you, well is already in, and pumping 30 GPM, clean water. Property has a shop with roll up doors on each side and a greenhouse. Flat, usable land with panoramic views of the property. Your dream awaits!

    Lorraine Livingston L Realty

    20248 Middle Keystone Ct, Penn Valley, CA 95946
  • 14193 Chestnut Ct, Penn Valley, CA 95946
    14193 Chestnut Ct, Penn Valley, CA 95946
    14193 Chestnut Ct, Penn Valley, CA 95946
    /9

    $49,000 Lot/Land

    14193 Chestnut Ct, Penn Valley, CA 95946

    • 0.41 Acre
    • $119,512 per Acre

    Discover the perfect canvas for your dream home in Lake Wildwood, a vibrant, gated community nestled in the scenic Sierra Nevada foothills. This partially level, utility-ready lot offers access via Lodgepole Drive, with a convenient address on Chestnut Court. All Utilities Available: Water, sewer and electricity, are ready for hookup. Owner Financing: Flexible terms with 75% down, ideal for those

    Barbara Law Coldwell Banker Grass Roots Realty

    14193 Chestnut Ct, Penn Valley, CA 95946
  • 12787 Country Heights Dr, Penn Valley, CA 95946
    12787 Country Heights Dr, Penn Valley, CA 95946
    12787 Country Heights Dr, Penn Valley, CA 95946
    /7

    $129,000 Lot/Land

    12787 Country Heights Dr, Penn Valley, CA 95946

    • 1.97 Acres
    • $65,482 per Acre

    Unwind in the peaceful Sierra Foothills countryside on this spacious nearly 2-acre parcel, dotted with beautiful oak and pine trees. Build your dream home and embrace the tranquility of rural living while being 5 minutes away from shopping, restaurants, doctors, pharmacy and more. 10 minutes to Englebright Lake. NID Pipe-treated water, electricity, sewer and propane available. Corners are staked

    Jessica Beilstein Century 21 Cornerstone Realty

    12787 Country Heights Dr, Penn Valley, CA 95946
  • 11838 Flying T Rd, Penn Valley, CA 95946
    11838 Flying T Rd, Penn Valley, CA 95946
    11838 Flying T Rd, Penn Valley, CA 95946
    /48

    $199,000 Lot/Land

    11838 Flying T Rd, Penn Valley, CA 95946

    • 13.59 Acres
    • $14,643 per Acre

    Welcome to 13.59 breathtaking acres of usable land, offering the perfect blend of privacy, natural beauty, and opportunity. Secluded at the end of a series of quiet country roads, this property feels worlds away yet it enjoys expansive Highway 20 frontage, giving it exceptional visibility and long-term potential without compromising the peaceful setting. With one miner's inch of NID water and a

    Dawn Sander Elevated Lifestyle Homes

    11838 Flying T Rd, Penn Valley, CA 95946
  • 21323 Bald Ridge Dr, Penn Valley, CA 95946
    21323 Bald Ridge Dr, Penn Valley, CA 95946
    21323 Bald Ridge Dr, Penn Valley, CA 95946
    /47

    $329,900 Lot/Land

    21323 Bald Ridge Dr, Penn Valley, CA 95946

    • 10.1 Acres
    • $32,663 per Acre

    Spectacular Views! Look out at the Sutter Buttes and all the way to the Coastal Range! Property has a building site, a(10x40 Con-X box) container, underground electrical, well, pressure tank, two 1350 gallon underground holding tanks. The property P&M which includes a repair area has been re-certified in January 2025 by Navo Sanitation for an engineered septic system (no design work and not

    Kathy Papola Coldwell Banker Grass Roots Realty

    21323 Bald Ridge Dr, Penn Valley, CA 95946
  • 0 Lot 3 Wildwood Estates Unit 225153193, Penn Valley, CA 95946
    0 Lot 3 Wildwood Estates Unit 225153193, Penn Valley, CA 95946
    0 Lot 3 Wildwood Estates Unit 225153193, Penn Valley, CA 95946
    /3

    $375,000 Lot/Land

    0 Lot 3 Wildwood Estates Unit 225153193, Penn Valley, CA 95946

    • 56.31 Acres
    • $6,660 per Acre

    This parcel can be purchased together with Lot 1 for a combined acreage of 88.5 acres or separately. Lots of potential for development or smaller estate parcels through minor subdivision. Sewer and Water connections available. Access off of Pleasant Valley Rd.

    John Renwick RE/MAX Gold

    0 Lot 3 Wildwood Estates Unit 225153193, Penn Valley, CA 95946
  • 21074 Via Mediterrane Rd, Penn Valley, CA 95946
    21074 Via Mediterrane Rd, Penn Valley, CA 95946
    21074 Via Mediterrane Rd, Penn Valley, CA 95946
    /32

    $285,000 Lot/Land

    21074 Via Mediterrane Rd, Penn Valley, CA 95946

    • 37.49 Acres
    • $7,602 per Acre

    Are you looking for a property with privacy and surrounded by all the grandeur nature has to offer to build your estate? Witness wildlife in abundance and pastoral scenes of cattle grazing on the hills from your own backyard. Build your dream home with a lake view! Explore nature on your own 37+ acres and don't have your privacy intruded upon by neighbors. All the lots in this subdivision are 30+

    Sue Bartow Wesely & Associates

    21074 Via Mediterrane Rd, Penn Valley, CA 95946
New Homes California Penn Valley

New Homes & Communities in Penn Valley

Frequently Asked Questions

What warranties come with a new construction home?
Most Builders provide a 1-year workmanship warranty, a 2-year systems warranty, and a 10-year structural warranty.
What upgrades are included in a new build vs what is considered extras?
Builders in Penn Valley, CA usually offer a base package and optional upgrades such as flooring, countertops, and appliances.
Do new construction homes in Penn Valley, CA hold their value?
Yes, especially in fast-growing areas of Penn Valley, CA. Resale values are supported by population growth, job opportunities, and desirable schools.
What happens if I find issues after moving in to new build?
Builders typically provide a post-move in warranty service to address punch list items.

Home Trends in Penn Valley, CA

On average, homes in Penn Valley, CA sell after 60 days on the market compared to the national average of 54 days. The median sale price for homes in Penn Valley, CA over the last 12 months is $517,450, consistent with the median home sale price over the previous 12 months.

Housing Trends

Median Sale Price
$517,450
Median Single Family Sale Price
$517,450
Median Townhouse Sale Price
$681,000
Median 2 Bedroom Sale Price
$315,000
Average Price Per Sq Ft
$289
Number of Homes for Sale
32
Last 12 months Home Sales
164
Months of Supply
2.30
Median List Price
$529,450
Median Change From 1st List Price
3%
Median Home Sale Price YoY Change
0%
How to Buy a Home How to Finance a Home How to Sell a Home

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Homes.com Licensing Information

§ 442-H New York Standard Operating Procedures

New York Fair Housing Notice

TREC: Information about brokerage services, Consumer protection notice

California DRE #01937601

Contact Homes.com Brokerage

Copyright © 2026 CoStar Group