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$7,750,000
Property Description
A rare 16.7-acre development assemblage along Grass Valley Highway in Auburn, offering a balanced mixed-use opportunity. The 12.4-acre parcel at 1406 Grass Valley Hwy is zoned RM30-Dc, supporting high-density residential development at up to 30 units per acre. Recently rezoned from commercial to residential under Placer County's RHNA housing initiative, it reflects strong jurisdictional support and has already been included in the County's RHNA Environmental Impart Report (EIR). According to the County, projects dedicating 20% or more affordable units may qualify for administrative approval with staff-level review, dramatically lowering entitlement risk and timelines. Adjacent to this site, the 4.3-acre parcel at 1448 Grass Valley Hwy is zoned CPD-DC and offers stable income from two tenants while providing long-term development flexibility and prominent Hwy 49 frontage. This parcel is expected to provide primary access to the residential acreage, improving connectivity and design efficiency. Together, the properties create a cohesive project vision aligning with state housing mandates and Auburn's growing demand for residential and commercial uses. Both properties to be sold together. Cross listed under MLS #225146704.
Full Property Details
Full Property Details for 1448 Grass Valley Hwy
General
- Price: $7,750,000
- Status: Active
- Type: Single Family
- Source: METROLIST_Cali
- MLS ID: 225145758
- Updated: 7/21/2026
- Added to Site: 37 day(s) ago
Business
- Business Type: Other
Interior
- Flooring: See Remarks
Additional Information
- Other Features: See Remarks
Parking
- Parking: Other
Location
- County: Placer
- Cross Streets: Luther
- Driving Directions: Interstate 80 to Hwy 49 to properties.
- Location Details: See Remarks
Heating & Cooling
- Cooling Type: None
- Heating Type: See Remarks, Other
Utilities
- Sewer: Public Sewer
- Water: Meter on Site, See Remarks, Public
- Utility Description: Other
Structural Information
- Construction: See Remarks
- Roof: See Remarks
- Stories/Levels: 0
- Square Feet: 2,000
Lot Features
- Lot Size (Acres): 16.7
- Lot Size (Sq. Ft.): 727,452
- Frontage: Highway Frontage
- Irrigation System: None
- Zoning: CPD-DC and RM30-DC
Financial Considerations
- Tenant Pays: See Remarks
- Tenant Expense: See Remarks
Disclosures and Reports
- Special Conditions: None
- APN: 038-104-096
Listed by Western Slope Real Estate, Inc.
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Schools
Schools serving 1448 Grass Valley Hwy
School Districts:Auburn Union Elementary School District, Placer Union High School District
| Name | Grades | Distance |
|---|---|---|
Auburn Elementary School 11400 Lariat Ranch Road, Auburn, CA 95603 | K-5 | 1.3 mi |
EV Cain Middle 150 Palm Avenue, Auburn, CA 95603 | 6-8 | 1.3 mi |
Placer High School 275 Orange Street, Auburn, CA 95603 | 9-12 | 2.1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1448 Grass Valley Hwy
Date
Details
Price
Change
Source
7/21/2026
Listed
$7,750,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1448 Grass Valley Hwy
Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,117
—
$72,859
2%
2025
$3,117
9%
$71,432
2%
2023
$2,853
—
$70,032
2%
2023
$2,853
5%
$68,660
2%
2022
$2,729
1%
$67,315
2%
2021
$2,699
-6%
$65,996
1%
2020
$2,864
1%
$65,320
2%
2019
$2,842
2%
$64,040
2%
2018
$2,796
1%
$62,785
2%
2017
$2,776
1%
$61,554
2%
2016
$2,754
1%
$60,348
2%
2015
$2,731
1%
$59,443
2%
2013
$2,710
—
$58,280
—
2013
$2,710
—
$58,017
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1448 Grass Valley Hwy
1448 Grass Valley Highway, Auburn, CA 95603 (MLS# 225145758) is a Single Family property with 0 bedrooms and 0 full bathrooms. 1448 Grass Valley Highway is currently listed for $7,750,000 and was received on July 21, 2026. Want to learn more about 1448 Grass Valley Highway? Do you have questions about finding other Single Family real estate for sale in Auburn? You can browse all Auburn real estate or contact a Coldwell Banker agent to request more information.
