Property Details
About this Property
Investment opportunity for the development of high impact affordable housing in the Greater Higgins area of Grass Valley, California. The Cameo Affordable Housing Land (Cameo''), located at 22630 Cameo Drive, comprises a 5-acre parcel strategically positioned to serve the region's increasing demand for affordable housing. Cameo represents a unique opportunity to acquire and develop a fast to market, transformative, low income, high-density residential project in an area marked by ongoing growth and infrastructure development. The latest proposal for the development includes 48 rent-restricted units, comprised of twelve (12) one-bedroom units, twenty-four (24) two-bedroom units, and twelve (12) three-bedroom units, all restricted at 30%, 50%, or 60% of AMI. This project will deliver critically needed affordable housing in western Nevada County and is eligible for California Low-Income Housing Tax Credits (LIHTC), providing valuable financial incentives for developers The project was previously in contract with a developer who secured over $10 million in infill and infrastructure grants and completed all necessary engineering studies, including geotechnical, biological, traffic, drainage, and hazardous waste reports. Additionally, preliminary architectural and civil plans hav
MLS Listing Information
MLS #
ME226026859
MLS Source
MetroList Services, Inc.
Days on Site
6
Lots & Land Information
Development Status
Raw Land, Unimproved Land
Present Use
Other
Utilities
Water - Public
Parking, School, and Other Information
Water
Public
Zoning
R3-RH-SC-SP
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
22630 Cameo Dr is in Grass Valley, CA 95949. This Land is currently priced at $1,100,000. This address can also be written as 22630 Cameo Dr, Grass Valley, CA 95949.
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This listing information is up-to-date as of March 06, 2026. For the most current information, please contact Tyson Tucker, (530) 272-7222
