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$965,000 Just Listed

  • For Sale
  • Active
  • Single Family
  • 3 Beds
  • 3 Full Baths
  • 1 Partial Bath
  • 2,863 Sq. Ft.
  • 4 Car Garage
  • Updated 3 hours ago
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Experience refined country living in this elegant Mountain Lakes estate, set on over 3 usable acres with serene lake views and a seasonal stream. A grand staircase welcomes you into this timeless 4-bedroom, 4-bath residence, thoughtfully designed for both comfort and entertaining. The main level features a formal dining room, a beautifully appointed kitchen, a spacious family room, custom parlor, and a private ensuite bedroom ideal for guests or multi-generational living. Upstairs, you'll find two generously sized bedrooms, two bathrooms, and an expansive office complete with custom built-in cabinetry perfect for working from home or creative pursuits. Wraparound decks extend across much of the home, offering seamless indoor-outdoor living. Enjoy gatherings in the outdoor kitchen area, with an unfinished concrete patio ready to be equipped with electrical and water ready for your personal finishing touches. Car enthusiasts and adventurers will appreciate the oversized detached garage with RV access and four-car capacity. Above the garage sits an approximately 800 sq ft private living space, complete with its own living room, kitchen, newly tiled shower, and bedroom ideal for guests, rental income, or extended family. Additional highlights include fully owned solar for energy efficiency and peace of mind. All this, just 15 minutes from historic Nevada City offering the perfect blend of privacy, nature, and convenience.

Full Property Details for 12940 Discovery Way

General

  • Price: $965,000
  • HOA FEE: $50/month
  • HOA FEE FREQ.: Annually
  • Status: Active
  • Type: Single Family
  • Source: METROLIST_Cali
  • MLS ID: 226038611
  • Updated: 4/10/2026
  • Added to Site: 1 day(s) ago

Interior

  • Interior Features: Formal Entry, Wet Bar
  • Appliances: Gas Cook Top, Built-In Gas Oven, Gas Water Heater, Built-In Refrigerator, Hood Over Range, Compactor, Dishwasher, Disposal, Microwave, Double Oven, Tankless Water Heater, Warming Drawer, Wine Refrigerator
  • Flooring: Carpet, Tile, Wood

Rooms

Bathrooms

  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Bathroom Features: Double Sinks, Tub with Shower Over, Walk-In Closet 2+
  • Primary Bathroom: Double Sinks, Tub w/Shower Over, Walk-In Closet 2+

Bedrooms

  • Total Bedrooms: 3
  • Primary Bedroom: Closet, Ground Floor, Walk-In Closet, Outside Access, Sitting Area
  • Optional Bedroom: 4

Other Rooms

  • Kitchen: Breakfast Area, Pantry Closet, Skylight(s), Granite Counter, Island, Kitchen/Family Combo
  • Dining Room: Formal Area
  • Laundry: Cabinets, Dryer Included, Sink, Ground Floor, Washer Included, Inside Area, Inside Room

Additional Information

  • Shared Amenities: Barbeque
  • Equipment: Central Vacuum, Water Filter System

Exterior

  • Exterior Features: Balcony, Kitchen, Built-In Barbeque, Fire Pit

Parking

  • Garage: Yes
  • Garage Spaces: 4
  • Parking: Attached, RV Garage Detached, RV Possible, Detached, Tandem Garage, Garage Door Opener, Guest Parking Available, Workshop in Garage

Location

  • County: Nevada
  • Cross Streets: New Town Road
  • Driving Directions: Highway 49 / Merge into 20 / Left onto Newtown / Left onto Discovery Way .

School Information

  • School District: Nevada
  • Elem School District: Nevada City
  • Midd School District: Nevada City
  • High School District: Nevada Joint Union

Community

  • Association: Yes
  • Home Owners Assn.: 1
  • Assoc. Fees Include: Sewer
  • Pets Allowed: Yes

Heating & Cooling

  • Cooling Type: Ceiling Fan(s), Central
  • Heating Type: Propane, Central, Fireplace Insert
  • Heating Fuel: Propane, Central, Fireplace Insert

Utilities

  • Sewer: Shared Septic
  • Water: Well
  • Utility Description: Sewer Connected, Internet Available, Solar, See Remarks, Propane, Propane Tank Leased

Structural Information

  • Architectural Style: Two Story Victorian
  • Construction: Wood
  • Basement: Yes
  • Foundation: Raised
  • Roof: Composition
  • Windows: Dual Pane Partial
  • Stories/Levels: 2
  • Square Feet: 2,863
  • Sq. Ft. Source: Assessor Auto-Fill
  • Year Built: 2003

Additional Structures

  • Other Structures: Shed(s), Storage

Lot Features

  • Property View: Panoramic, Lake, Woods
  • Lot Size (Acres): 3.08
  • Lot Size (Sq. Ft.): 134,165
  • Lot Dimensions: Nevada County
  • Street/Road Desc.: Paved
  • Irrigation System: Agricultural Well
  • Topography: Level, Trees Many
  • Zoning: R-1 multi-family
  • Lot Description: Auto Sprinkler F&R, Garden, Stream Seasonal, Low Maintenance

Financial Considerations

  • Association Fee: $600
  • Assoc Fee Freq.: Annually

Disclosures and Reports

  • Special Conditions: None
  • APN: 004-610-001-000

Listed by Re/Max Gold

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Listing agent

— 12940 Discovery Way —

  • Re/Max Gold

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 12940 Discovery Way

School Districts:Grass Valley Elementary School District, Nevada Joint Union High School District
NameGradesDistance
Margaret G. Scotten Elementary School
10821 Squirrel Creek Road, Grass Valley, CA 95945
K-42.4 mi
Lyman Gilmore Middle School
10837 Rough and Ready Highway, Grass Valley, CA 95945
5-82.6 mi
Bell Hill Academy
342 S. Sch St., Grass Valley, CA 95945
K-43 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 12940 Discovery Way Get Price Alerts and Save Property

Date
Details
Price
Change
Source
4/09/2026
Listed
$965,000
20.78%
MLS
9/17/2019
Sold
$799,000
—
Public Record
Get Price Alerts and Save Property
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 for 12940 Discovery Way

Year
Property Taxes
Change
Tax Assessment
Change
2025
$10,973
5%
$873,819
2%
2023
$10,466
—
$856,686
2%
2023
$10,466
1%
$839,889
2%
2022
$10,347
3%
$823,422
2%
2021
$10,085
—
$807,277
1%
2020
$10,045
8%
$799,000
7%
2019
$9,266
1%
$744,489
2%
2018
$9,154
4%
$729,892
2%
2017
$8,833
3%
$715,583
2%
2016
$8,549
1%
$701,553
2%
2015
$8,441
1%
$691,017
2%
2014
$8,326
1%
$677,483
—
2013
$8,203
—
$674,423
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

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NMLS#: 1598647

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Listed by Re/Max Gold

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12940 Discovery Way, Nevada City, CA 95959 (MLS# 226038611) is a Single Family property with 3 bedrooms, 3 full bathrooms and 1 partial bathroom. 12940 Discovery Way is currently listed for $965,000 and was received on April 09, 2026. Want to learn more about 12940 Discovery Way? Do you have questions about finding other Single Family real estate for sale in Nevada City? You can browse all Nevada City real estate or contact a Coldwell Banker agent to request more information.

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