B Lasso Loop #B
Penn Valley, CA 95946
2
Bed
2
Bath
780Sqft
Investment opportunity with community benefit! Earn a solid return while providing much-needed local housing. This new construction duplex in Penn Valley town center features two 2BR/2BA units that will be sold individually, at cost and below market value to assure both affordability and profit. Smaller Unit of the Duplex (Unit B). Developed by NevCo West Community Land Trust to provide workforce housing, rents are structured to remain aligned with middle income levels while yielding 5% in Year 1 and up to 7% by Year 10. Property is held under a 99-year renewable ground lease that preserves affordability while allowing resale of investor shares under favorable terms. Complete on-site property management, including tenant screening, maintenance, and bookkeeping is provided. Investors sim
Property Details
Map
Map
Features
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Bedroom Information
Total beds: 2Bathroom Information
Total Baths: 2 Full Baths: 2Water/Sewer
Sewer: Sewer in Street, Public SewerRoom Information
Total Bedroom: 2 -
Flooring Information
Carpet, Concrete -
Roofing Information
Metal -
Interior Features
Cathedral Ceiling Roof: Metal Appliances: Free Standing Refrigerator, Dishwasher, Disposal, Microwave, Electric Water Heater, Free Standing Electric Oven, Free Standing Electric Range Laundry Features: Laundry Closet, Washer/Dryer Stacked Included, Inside Area, Inside Room -
Heating & Cooling
Heating: Propane, Ductless, MultiUnits Cooling: Ceiling Fan(s), Wall Unit(s), Ductless, Window Unit(s), MultiUnits WaterSource: Well -
Fireplace
Number of Fireplaces: 0 Fireplace Features: 0
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Building Information
Year Built: 2025 Construction Materials: Plaster, Wood Roof: Metal Foundation Details: Concrete, Slab -
Exterior Features
Foundation Details: Concrete, Slab -
Road Types
Asphalt -
Fencing
Partial -
Laundry Features
Laundry Closet, Washer/Dryer Stacked Included, Inside Area, Inside RoomFencing
Partial
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Lot Information
Lot Description: Meadow East, Meadow West, Private Lot Square Feet: 63,162 Stories: 1 Main Square Feet: 780 Topography: LevelProperty Information
Property Type: Residential Sub Type: Stock Cooperative Style: Contemporary,Cottage SQ ft (Living Area): 780 Construction Materials: Plaster,Wood Property Age: 1 Cross Street: Horton Source Neighborhood: 13103 Postal Code Plus 4: 8949 Area: Penn Valley S: 95946 Zoning: Residential Living Area Source: Owner Structure Type: AttachedFarm Info
Irrigation Source: None
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Listing Price Information
Listing Id: 225139897 List Price: $315,000 List Price Tot SqFt: $404
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Tax Information
Parcel Number: 051-200-016-002
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Parking Information
Uncovered Parking Space, Uncovered Parking Spaces 2+
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Elementary School District: Penn ValleyJunior High School District: Penn ValleySenior High School District: Nevada Joint Union
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Utility Information
Public, Sewer Connected, Sewer Connected & Paid, Sewer In & Connected, Electric, Solar, Internet Available Electric: Passive Solar -
Location Information
Direction: West on Penn Valley Drive, Left of Horton, Left on Lasso Loop, PIQ on the right.
At $403.85 per sq.ft.,this listing is priced below average compared to other condo from Penn Valley.
The average condo price in Penn Valley is $709260.88 with avg. price / sq.ft of $1313.00.
The average condo price in Nevada County is $716061.88 with avg. price / sq.ft of $1318.43.
How much is this property worth?
Curious about this home's true market value? Use our free Home Evaluation Tool to instantly get a personalized Comparative Market Analysis (CMA) report. Make smarter, data-driven decisions before you buy.
Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| Apache Court, Penn Valley, CA, 95946 | $1,299,999 | 6 | 5 | 4,151 | 4,151 SqFt |
| Desperado Drive, Penn Valley, CA, 95946 | $800,000 | 5 | 3 | 1,432 | 1,432 SqFt |
| Bar Hill Road, Penn Valley, CA, 95946 | $325,000 | 3 | 2 | 1,248 | 1,248 SqFt |
| Sierra Circle, Penn Valley, CA, 95946 | $315,000 | 3 | 2 | 1,440 | 1,440 SqFt |
| Lasso Loop, Penn Valley, CA, 95946 | $365,000 | 2 | 2 | 948 | 948 SqFt |
| Desperado Dr, Penn Valley, CA, 95946 | $699,000 | 4 | 1 | 1,432 | 1,432 SqFt |
| Sun Forest Drive, Penn Valley, CA, 95946 | $389,000 | 3 | 2 | 1,056 | 1,056 SqFt |
| Chaparral Circle, Penn Valley, CA, 95946 | $415,000 | 4 | 3 | 1,876 | 1,876 SqFt |
| Lake Forest Drive, Penn Valley, CA, 95946 | $390,000 | 2 | 3 | 1,267 | 1,267 SqFt |
| Oak Ridge Road, Penn Valley, CA, 95946 | $1,225,000 | 4 | 3 | 3,198 | 3,198 SqFt |
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ByOwner last updated this listing 04/06/2026 @ 22:22
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