22630 Cameo Dr Grass Valley, CA 95949
Estimated payment $5,974/month
Highlights
- Property is near public transit
- High Speed Internet
- Many Trees
- No HOA
About This Lot
Investment opportunity for the development of high impact affordable housing in the Greater Higgins area of Grass Valley, California. The Cameo Affordable Housing Land (Cameo''), located at 22630 Cameo Drive, comprises a 5-acre parcel strategically positioned to serve the region's increasing demand for affordable housing. Cameo represents a unique opportunity to acquire and develop a fast to market, transformative, low income, high-density residential project in an area marked by ongoing growth and infrastructure development. The latest proposal for the development includes 48 rent-restricted units, comprised of twelve (12) one-bedroom units, twenty-four (24) two-bedroom units, and twelve (12) three-bedroom units, all restricted at 30%, 50%, or 60% of AMI. This project will deliver critically needed affordable housing in western Nevada County and is eligible for California Low-Income Housing Tax Credits (LIHTC), providing valuable financial incentives for developers The project was previously in contract with a developer who secured over $10 million in infill and infrastructure grants and completed all necessary engineering studies, including geotechnical, biological, traffic, drainage, and hazardous waste reports. Additionally, preliminary architectural and civil plans have been prepared, allowing a developer to leverage the existing reports and submittals, saving hundreds of thousands of dollars in soft costs and significantly reducing the time to market.
Property Details
Property Type
- Land
Lot Details
- 5 Acre Lot
- Property fronts a highway
- Irregular Lot
- Many Trees
- Possible uses of the property include Residential, Commercial
- Property is zoned R3-RH-SC-SP, Planned Unit Development,Multi-Residential
Location
- Property is near public transit
Utilities
- High Speed Internet
- Cable TV Available
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 057-141-029-000
Map
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 | $2,182 | $213,261 | $213,261 | -- |
| 2024 | $2,142 | $209,080 | $209,080 | -- |
| 2023 | $2,142 | $204,981 | $204,981 | $0 |
| 2022 | $2,098 | $200,962 | $200,962 | $0 |
| 2021 | $2,050 | $197,022 | $197,022 | $0 |
| 2020 | $2,047 | $195,002 | $195,002 | $0 |
| 2019 | $2,005 | $191,179 | $191,179 | $0 |
| 2018 | $1,967 | $187,431 | $187,431 | $0 |
| 2017 | $1,929 | $183,756 | $183,756 | $0 |
| 2016 | $1,858 | $180,153 | $180,153 | $0 |
| 2015 | $1,197 | $116,000 | $116,000 | $0 |
| 2014 | -- | $108,000 | $108,000 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/06/2026 03/06/26 | For Sale | $1,100,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Grant Deed | $150,000 | Placer Title Company |
Source: MetroList
MLS Number: 226026859
APN: 057-141-029-000
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Ask me questions while you tour the home.