$649,900

11019 Glen Meadow Dr, Grass Valley, CA 95945

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2 bd · 1.0 ba · 750 sqft · $867/sqft · 1.08 acres

Residential · 3+ Houses on Lot · Built 1959 · 63 days on Properkey

Description

Great Investment Opportunity with Three Separate Homes! Fantastic opportunity to own an income-producing property featuring three completely separate homes in a desirable Grass Valley neighborhood, conveniently located near downtown Grass Valley and Condon Park. The main residence is approximately 1,040 square feet with 2 bedrooms and 1 bathroom, plus a huge detached 3-car garage and separate RV storage. This home currently rents for $2,000 per month. The second home is approximately 550 square feet and features an attached 2-car garage. It is currently rented for approximately $1,800 per month. Both of these homes have been nicely updated and feature brand-new roofs, while two of the units are equipped with tankless water heaters. The third home is approximately 750 square feet and offers its own separate driveway and a beautiful private yard. Recent improvements include new carpeting, and the home also features a refrigerator that is approximately one year old. This unit currently rents for $1,650 per month. With three separate dwellings, multiple garages, RV storage, individual driveways, and a strong existing rental income stream, this property offers an exceptional opportunity for investors or buyers looking to live in one home while generating rental income from the others or family compound. A convenient location close to downtown and nearby recreation adds to the property's appeal. Current combined rental income: approximately $5,450 per month, or $65,400 annually. A rare opportunity to own multiple income-producing homes on one property in Grass Valley! PLEASE DO NOT DISTURB THE TENANTS.

Agent & source

Listed by
Marisa M. Dardi
Brokerage
RE/MAX Gold
DRE
#01179717
MLS # 226040347 Source MetroList Services

Property details

Rooms & Layout

Levels
One
Bedrooms
2
Bathrooms
1.0 (1 full)
Kitchen
Breakfast Area, Kitchen/Family Combo, Laminate Counter
Dining
Dining/Family Combo, Space in Kitchen, Dining/Living Combo
Living Room
Great Room
Other Bathrooms
Shower Stall(s), Tub w/Shower Over
Laundry
  • Dryer Included
  • Sink
  • Washer Included
  • Inside Room
Accessibility
Parking, Shower(s)

Property Features

Lot features
Corner, Low Maintenance
Pets
Yes
Road
Paved
Topography
Level

Building & Construction

Architectural Style
Ranch
Construction Materials
Frame, Wood
Roof
Composition
Foundation
Raised, Slab, See Remarks

Exterior & Parking

Parking
5-car garage, Attached, Boat Storage, RV Garage Detached, Detached, RV Storage, Garage Facing Front, Uncovered Parking Spaces 2+, Guest Parking Available
Patio & Porch
Back Porch, Uncovered Deck, Uncovered Patio
Fencing
Chain Link, Cross Fenced, Fenced
Exterior Features
Uncovered Courtyard
Other Structures
  • Second Garage
  • Shed(s)
  • Storage
  • Outbuilding

Interior & Comfort

Heating
  • Fireplace(s)
  • Gas
  • Wall Furnace
  • Wood Stove
  • Natural Gas
Cooling
Ceiling Fan(s), Window Unit(s)
Flooring
Carpet, Laminate
Fireplace
1 (Living Room, Wood Stove)

Appliances & Equipment

  • Free Standing Gas Range
  • Free Standing Refrigerator
  • Gas Cook Top
  • Dishwasher
  • Microwave
  • Tankless Water Heater

Utilities

Water Source
Well, Other
Sewer
Septic System
Electric
220 Volts
  • Cable Available
  • Public
  • Electric
  • Internet Available
  • Natural Gas Connected
  • Other
Irrigation
Shares Domestic Well

Nearby

Active Pending Closed Rental
Elementary
Grass Valley District
Middle
Grass Valley District
High
Nevada Joint Union District

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All data, photos, visualizations, and information regarding a property, including the property's compliance with state and local legal requirements and all measurements and calculations of area, have been obtained from various sources, and may include such material that has been generated by use of artificial intelligence. Such information and material have not been and will not be verified for accuracy by the listing broker or the multiple listing service, and are not guaranteed as complete, accurate or reliable.

Such information and material should be independently reviewed and verified for accuracy. This information and material are intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data last updated: October 17, 2026 7:43 PM PT
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