$2,498,000 • 317 acres
The Gates Ranch is a beautiful historic property in the Sierra Foothills. This 317 acre property nestled in Lazy Valley is an exceptional, unique, piece of Nevada County. Only 1 mile from the charming town of Penn Valley and 7 miles to Grass Valley, you will feel miles away from everything, but are minutes to any amenity. The beautiful 5000+- square foot home is ready to be personalized. It is completed through the finishing of the walls, has radiant heat, fire place, and lovely open floor plan with expansive views from every room. There is a 1400+- square foot caretaker home, barn, corrals and Nevada Irrigation District irrigation water. The property has 5 wells, a seasonal pond and a year round creek. The ranch is fenced and cross fenced, currently running cattle, horses and producing hay. This is a rare opportunity to find a large piece of property so close to town yet completely private.
In California water is gold, and the Gates Ranch has plenty of it. The ranch has deeded access to 15 miners inches of Nevada Irrigation water and 5 productive wells throughout the property. There is a large seasonal pond and year round creek. There is an abundance of wild game. The property is irrigated by both sprinkler pipe and flood irrigation. With lots of open acreage, there are opportunities for vineyards, orchards, row crops or any other agriculture suited for the area.
The 5000+- square foot main residence has been completed through the tape, texture and priming of the walls. It has a fabulous open floor plan that provides opportunity to design and finish your own dream home.
The construction is high end with multi-zoned radiant heat throughout, A/C and whole house fans, quality doors and windows, ample storage and spacious rooms. There is a master suite at one end of this home and at the other, for ultimate privacy, two bedrooms – each with its own full bath and walk in closet. Off the large laundry is a mudroom with a full bath. There is an oversized 3-car garage that is wired for a standby generator, if desired. The garage is connected to the residence by a large breezeway. In the corner of the breezeway is a dog wash station, with hot and cold running water. This impressive home sits on an open knoll and has views of rolling pastures and oak-studded hills from every room. A home with truly 360 degree views!
The original ranch home now serves as a caretaker’s residence. Far enough away from the main home to be completely private, the caretaker’s home is near the corrals and historic ranch barn. It has 3 bedrooms and 2 baths upstairs and a studio apartment with kitchen and full bath downstairs. There are also three enclosed storage rooms downstairs. A two-car garage is connected to the house. The yard that surrounds this home is fenced for dogs. This multifunctional home could serve as rental, guesthouse or continue to be used for the ranch caretaker.
Recreation opportunities are endless on 317 private acres. The ranch obviously lends itself to horseback riding and can easily run about 30 pair of cows year round, in addition to pasturing some horses. Other recreation could include ATV’s, motorcycles, mountain biking, or hiking.