14792 Wabash Ave, Grass Valley, CA 95945

Live, Work, and Play on Nearly 17 Acres of Sierra Foothill Paradise Welcome to 14792 Wabash Ave in the desirable Chicago Park area of Grass Valleyan extraordinary 16.97-acre AG/Residential property where lifestyle and opportunity beautifully intersect. Nestled just off Highway 80 between the Bay Area and Lake Tahoe, this versatile estate invites you to truly live, work, and play amid rolling vineyards, open land, and peaceful rural surroundings, with the added luxury of being only minutes from Rollins Lake's sparkling waters for boating, fishing, swimming, and lakeside recreation. Live in the comfortable 3*-bedroom, 2-bath, 1,700 sq ft home (built 1962) that offers a private retreat with room to unwind after a day outdoors. With its own rental potential, the residence provides flexibility for personal use or income while you enjoy the quiet beauty of the foothills. Work the land that already delivers. An established 3.2-acre vineyard features six distinctive grape varietiesNero d'Avola, Teroldego, Dolcetto, Aglianico, Falanghina, and Vermentinoready for continued cultivation or expansion. Additional acreage has supported permitted agricultural uses, and the property is well-equipped with two wells, 5 miners inches of NID water (approx. 55 GPM), three PG&E services (including 3-phase power), a versatile shop with RV hookups, and infrastructure designed for future growth. Zoned AG-5 with split potential, the possibilities for farming, entrepreneurship, or multi-use development are wide open. Play among the natural amenities that make every day feel like a getaway. A scenic pond with engineered dam, surrounding open space, and the expansive acreage create the perfect setting for outdoor recreation, quiet evenings under the stars, or simply savoring the Sierra Nevada lifestyleall enhanced by effortless access to Rollins Lake for water sports, picnics, and year-round outdoor adventures. Whether you're seeking a self-sufficient homestead, a productive agricultural venture, or a private sanctuary with income potential, this rare property offers the freedom to design the life you've imaginedall in one stunning package.