Lake Valley Rd, Emigrant Gap, CA 95715
Property image
Property image
FOR SALE
3D VIEW
40 ACRES

Lake Valley Rd
Emigrant Gap, CA 95715

    $1,900,000

    Est. Mortgage $11,257/mo*
    Get Pre-Qualified

    $1,900,000

    Est. Mortgage $11,257/mo*
    Get Pre-Qualified
    (on 40 acres)

    Home Highlights

    HOA
    None
    Listed
    46 days ago

    Local Information

    • Map ViewExplore the area around Lake Valley Rd.
    • Schools1 Elementary School1 Middle School1 High School
    • Shop & Eat
    -- mins to
    Commute Destination

    About this House

    The Last Great View Parcel! Perched above the sparkling waters of Lake Valley Reservoir, this extraordinary 40-acre offering represents a rare chance to build a legacy property worthy of the generations that will follow. Follow the winding private approach through towering forests and rolling mountain meadows until the landscape opens to reveal an exceptional building knoll with commanding views stretching across the Sierra Nevada. Below lie the blue waters of Lake Valley Reservoir and Kelly Lake, while distant mountain ridgelines and seasonal snow-capped peaks frame the horizon. Originally envisioned as the site of a magnificent mountain estate, this treasured family holding has remained largely untouched, preserving its remarkable natural beauty and boundless potential. Here, one can imagine a timeless stone manor, a luxury wilderness retreat, or a family compound designed to stand for generations. Large surrounding ownerships, exceptional privacy, abundant wildlife, and proximity to some of Northern California's finest outdoor recreation create an offering that is becoming nearly impossible to find. A property of this caliber is not simply purchasedit is inherited, improved, and passed forward.

    Home Details for Lake Valley Rd

    Active Status

    MLS Status: Active

    Interior Features

    Appliances & Utilities
    Utilities: None
    Fireplace & Spa
    No Fireplace

    Exterior Features

    Exterior Home Features
    Vegetation: Brush, Partially Wooded
    Frontage
    Frontage Type: Borders Government LandRoad Frontage: Private Road, County RoadResponsible for Road Maintenance: Private Maintained Road, Public Maintained RoadRoad Surface Type: Dirt, Gravel
    Water & Sewer
    Sewer: None
    Surface & Elevation
    Topography: Snow Line Above, Level, Lot Grade Varies, Snow Line Above, Level, Lot Grade Varies

    Days on Market

    Days on Market: 46

    Property Information

    Property Type / Style
    Property Type: LandProperty Subtype: Residential Acreage
    Property Information
    Usage of Home: Residential, Recreational

    Price & Status

    Price
    List Price: $1,900,000

    Media

    Location

    Direction & Address
    City: Emigrant Gap

    Agent Information

    Listing Agent
    Listing ID: 226078780

    HOA

    Association for this Listing: MetroList Services, Inc.HOA Fee: No HOA Fee

    Lot Information

    Lot Area: 40 Acres

    Listing Info

    Special Conditions: Trust

    Mobile R/V

    Mobile Home Park
    Mobile Home Units: Feet

    Miscellaneous

    Mls Number: 226078780
    Last check for updates: about 11 hours ago
    Listing courtesy of Teresa Dietrich DRE #01222347, (530) 362-6806
    Gold Country Ranches and Realty
    Originating MLS: MetroList Services, Inc.
    Source: MetroList Services of CA, MLS#226078780

    Market trends in Nevada City

    Last updated June 2026
    Buyer'sMarketSeller'sMarket
    Avg. sale price
    $596K
    $35.17K    MoM
    Sale-to-List Price
    98.7%
    Price per sq ft
    $354
    Available listings
    106

    Price History for Lake Valley Rd

    DatePriceEventSource
    06/20/2026$1,900,000Listed For SaleMetroList Services of CA #226078780

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    Comparable Sales for Lake Valley Rd

    Address
    Distance
    Property Type
    Sold Price
    Sold Date
    Bed
    Bath
    Sqft
    Texas Hill Rd, Emigrant Gap, CA
    2.10
    Lot/Land
    $88,000
    12/17/25
    -
    -
    No Adress Texas Hill Rd, Emigrant Gap, CA
    2.21
    Lot/Land
    $115,000
    12/16/25
    -
    -
    16352 Last Chance Mine Rd, Nevada City, CA
    5.23
    Lot/Land
    $285,000
    12/01/25
    -
    -

    Nearby homes

    Get a sense of prices in the area by checking nearby homes.
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    Assigned Schools

    These are the assigned schools for Lake Valley Rd.
    View nearby schools on GreatSchools
    The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

    What Locals Say about Nevada City

    At least 52 Trulia users voted on each feature.

    • 91 % Say car is needed

    • 90 % Say there's wildlife

    • 85 % Say it's dog friendly

    • 73 % Say people would walk alone at night

    • 72 % Say yards are well-kept

    • 72 % Say there's holiday spirit

    • 65 % Say parking is easy

    • 64 % Say it's quiet

    • 63 % Say neighbors are friendly

    • 59 % Say they plan to stay for at least 5 years

    • 40 % Say kids play outside

    • 40 % Say it's walkable to grocery stores

    • 39 % Say it's walkable to restaurants

    • 35 % Say there are sidewalks

    • 31 % Say there are community events

    • 27 % Say streets are well-lit

    Sourced by Trulia users. Learn more about our methodology.
    • Jason Walker
      "Lots of parks and open spaces"
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    • Rol W
      "148 miles each way gets along some weeks, but it sure is pretty in the winter. And the farmers market’s nice."
      0
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    • Mason Emmett
      "Long and obnoxious but beautiful and peaceful, full of wonderful views And beautiful rivers and lots of wildlife "
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    • Mason Emmett
      "The peace is what makes this area a beautiful place to live and the river is the specialty of this place along with the views and nature you don’t get anywhere else. "
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    • Nv6k4wxyjp
      "I live in the small community of Cascade Shores. Everybody hangs out in front of the Cascade Shores Market where they have tables and chairs. We also have community BBQ’s at Lost Mine Lake and a big community yard sale once a year. "
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    • Nv6k4wxyjp
      "During the summer and early fall, there are community barbecues at the park around Lost Mine Lake in Cascade Shores. "
      1
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    • Nv6k4wxyjp
      "There is no public transportation. The commute by car is fine during most of the year but we get quite a bit of snow from January through March. "
      2
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    • Nicholas/Bonnie R.
      "They don’t want no more flat landers up here in these parts. So many kids are dying from the drugs & the out of Towner marijuana farmers brought in the cartels & tons of violent crime. The crime rate is one of the highest in the USA. Used to be a special little town until it got watered down by those from outta town."
      1
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    • Carolyn.dardick
      "What commute? No commute bc work from home. Good internet. Husbands commute is 7 minutes no stoplights. "
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    • Anon
      "I guess it’s a good town I mean besides all the crack heads and 12 year old smoking weed before, at, and after school besides that it’s decent good hikes, beautiful river, and pretty lakes not much else to do though "
      1
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    • Adrienne Lincoln
      "We have a wonderful neighborhood and everyone loves dogs here. Nice trail on ditch to walk dogs also. Can see lots of nature, birds, ducks, geese, cows and babies. Best time is 9-11. & 2-3pm, 6-8"
      3
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    • Dtylice
      "Artists and writers have a strong presence in the community. Our neighbors are watchful, willing to help share the unwritten ‘rules’ that will allow us to coexist. All our neighbors are dog peeps, too."
      1
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    • Saradavis0901
      "Lots of parades, fairs and downtown events. Peaceful community, lots of wildlife and fresh air. Community College centrally located, which makes it easy for everyone to get to."
      1
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    • Sharon A.
      "Wonderful town with lots of history and great community involvement. We play a lot and love parades! Lakes, hiking trails, the Yuba River, there's so much to do so close by. Charm, character, top of the line fun!"
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    • Larry E. G.
      "great place to live! The cultural activities are high here. Especially in the music "
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    • tahoenow
      "Close to town yet with a country feel. Quite and safe for singles, couples or families. Beautiful flora with ample bird species and non-threatening wildlife."
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    • Pam F.
      "Hike and bike, ski the Sierras in the winter, swim in the Yuba River in the Summer, watch your kid march down Broad Street in the school marching band, or play football on a top HS team. And Halloween? You've never seen anything like it! Hurry!"
      1
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    • christineinshoes
      "I find the neighborhood peaceful and private. Wonderful natural surroundings. Coolest area in Nevada County in the summer, clean, walking trails and friendly neighbors."
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    • mariner2442442
      "Cascade shores is an outstanding up and coming community with tremendous future potential. Walking distance to Scott's Flat Lake which offers a wealth of recreational opportunities, sailing, kayaking, fishing, and watersports. Go hiking or mountain biking right from your back door. Nevada City schools are fantastic and there are always community events."
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    • exhero
      "Home construction, landscaping, services, layout and location highly admired. E.g. Historic towns, closeness to education, shopping and medical services. Most lower section homes have views. City services. Underground utilities. True value of the CC&R's can be assessed by careful reading, observation and experience. (Creator of CC&R's no longer lives here or oversees CC&R protections -- from owners of barking dogs, for example.) "
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    • cercisblaze
      "Birchville Road is extremely popular for walkers, joggers, and bike riders. This is the best neighborhood on the San Juan Ridge - and closest to Nevada City. The people are great, the area is among the quietest in the county, some very large homes and generally large land parcel zoning contribute to this protected (exclusive) country scene. Homes are rarely for sale on this desireable road, the neighbors just stay and dont want to leave! Crime and other problems (like marijuana culivation) which has become very common elsewhere in Nevada County (especially in the south county, upper San Juan Ridge, Penn Valley, and Cedar Ridge/Rollins areas) just are not problems in the Birchville and French Corral neighborhoods. If you like to garden a real banana belt exists here in the winter due to great air drainage to the nearby canyons. As it is the last high point betwen the two Yuba Canyons, daily dirunal winds keep it cooler in the summer than surrounding outlying areas of Nevada County like Penn Valley, Smartsville, south county, and Lake Wildwood. It is possible to keep tomaotes with limited protection until December many years, and still have a nice summer with days rarely in the 90's. Mountain Bounty Farm has discovered this area the last couple of years and is leasing farm land here instead of expanding in the upper cold San Juan Ridge areas. Their CSA/Farm is impressive to drive past in the summer, a real show! Views to the Sierra crest, coast range, and Sacramento valley are available on the more exclusive properties. Wildlife abounds and the birdwatching is incredible. Bridegport State park, BLM land at the end of Birchville Road, South Yuba State Park, Malakoff Diggins State Park, and Forest Service lands are all in very close reach. "
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    LGBTQ Local Legal Protections

    Teresa Dietrich, Gold Country Ranches and Realty
    Agent Phone: (530) 362-6806
    Lake Valley Rd, Emigrant Gap, CA 95715 is a lot/land. This property is currently available for sale and was listed by MetroList Services of CA on Jun 20, 2026. The MLS # for this home is MLS# 226078780.