14792 Wabash Avenue, Grass Valley, CA 95945

Unlock exceptional income and lifestyle potential at this rare 16.97-acre AG/Residential Income opportunity in Chicago Park, ideally located just off Highway 80 between the Bay Area and Lake Tahoe. This value-add property offers multiple revenue streams with a leasable home, and land that has been a permitted cannabis grow, and an established 3.2-acre vineyard featuring six grape varieties including Nero D’Avola, Teroldego, Dolcetto, Aglianico, Falanghina, and Vermentino. The property is well-equipped for expansion, with two wells, 5 miners inches of NID raw water (approx. 55 GPM), three PG&E services including two with 3-phase power, and additional land for future vineyard development or other income-producing uses. Improvements include a versatile shop with partial insulation, RV hookup and dump, water and sewer connections, camera system, and a septic system designed for a future two-bedroom residence. A scenic pond with an engineered dam, surrounding hose bibs, and a nearby future homesite adds to the property’s appeal. Newer well and roof improvements, plus included farm and utility equipment, make this a compelling turnkey investment with room to grow. This property is zoned AG-5 and can be split.