Penn Valley Homes under $500,000

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Newest Penn Valley Homes under $500,000

$499,950

3 Beds ⋅ 3 Baths ⋅ 2,424 SqFt. ⋅ 226121942 MLS

Amazing Lake View home in Lake Wildwood. So much upside potential. Awesome location at the end of a quiet cul-de-sac. Open floor plan on the main level features a formal living room, kitchen, 1/2 bath, outdoor deck area looking over the lake and the primary suite and bathroom. Downstairs is perfect for family or visiting guests with a family room, full bath. two additional bedrooms and outdoor deck area. All new carpet in the living areas. All section one repairs are complete. Just minutes to the golf course, clubhouse and lakeside parks.

11880 Goldfinch Court, Penn Valley

Listing courtesy of Coldwell Banker Grass Roots Realty.

$111,000

2 Beds ⋅ 2 Baths ⋅ 1,104 SqFt. ⋅ 226103487 MLS

Paradise awaits at this adorable creekfront retreat! Nestled in a quiet, peaceful neighborhood, this lovingly maintained home sits right on Squirrel Creek and features your very own private beach. Inside, you will find a spacious, open-concept living and dining area complete with new laminate flooring and numerous modern updates. The primary bedroom boasts an en suite bathroom, complemented by a versatile creative space currently used as a third bedroom, plus a separate dedicated office. A convenient laundry room includes the washer and dryer. Step outside to enjoy the local wildlife from your brand-new wrap-around deck, or utilize the handy outdoor storage shed. Complete with three-car parking and high-speed internet, this turnkey home offers the perfect blend of natural tranquility and everyday convenience, all within walking distance to local stores and restaurants. Enjoy Western Gateway Park and more in this desirable community. Affordable financing is available with only 5% down. Buyer responsible for Park approval, $2940 per month, total income requirement. Make an offer today, this beauty won't last!

321 Quail Lane, Penn Valley

Listing courtesy of Wesely & Associates.

$400,000

226111560 MLS

Fantastic opportunity to own and operate a piece of Nevada County History. The Tack Room Bar and Grill has been in operation since the mid 1950's. This favorite spot for locals for years. Great business famous for their great steaks and friendly bar. The Tack Room Bar is the only full bar in the Penn Valley area. The building is being sold separately please see MLS# 226111527.

17356 Penn Valley Drive, Penn Valley

Listing courtesy of Coldwell Banker Grass Roots Realty.

$449,999

3 Beds ⋅ 2 Baths ⋅ 2,143 SqFt. ⋅ 226114584 MLS

*SPECIAL AND REHAB FINANCING AVAILABLE* Tucked among the towering pines of Penn Valley, 10520 Oak Springs Road offers the privacy, space, and peaceful country setting that are getting harder to find. Surrounded by natural beauty and larger properties, this horse-friendly property offers plenty of room to enjoy the outdoors and make it your own. Inside, wood beams and a wood-burning fireplace bring warmth and character, while the breakfast area and bar create an inviting place to gather. Outside, you'll find a barn with two horse stalls, fencing, a gated entrance, RV parking potential, and a two-car garage, giving you plenty of flexibility for animals, recreational vehicles, hobbies, and more. With a private well and nearby NID irrigation opportunities, the property offers even more potential for those looking to embrace a country lifestyle. Whether your vision includes horses, gardening, outdoor projects, or simply having more room and privacy, this is an opportunity to create the Penn Valley lifestyle you've been looking for. Come experience the privacy, space, and relaxed lifestyle that make this Penn Valley property such a wonderful place to call home!

10520 Oak Springs Road, Penn Valley

Listing courtesy of Keller Williams Realty.

$499,000

3 Beds ⋅ 2 Baths ⋅ 1,796 SqFt. ⋅ 226107163 MLS

Welcome to 12858 Golden Trout Way, a peaceful retreat nestled in the gated community of Lake Wildwood in Penn Valley. This 1,796 sq. ft. home offers 3 spacious bedrooms and 2 full bathrooms, along with the kind of setting that makes you want to slow down and enjoy life. From the moment you step inside, the open-beam ceiling and large windows draw you toward the beauty of the trees beyond. Step onto the covered back porch, take a deep breath, and enjoy the peaceful surroundings as deer wander through the landscape. It's the kind of place where mornings feel a little quieter, evenings feel a little longer, and memories are waiting to be made. The low-maintenance front yard and ample guest parking add convenience, while life in Lake Wildwood brings even more to enjoy with a private lake, golf course, clubhouse and restaurant, multiple parks, and a welcoming gated community. More than just a house, this is a place to relax, reconnect, entertain, and create memories for years to come. Welcome home to Lake Wildwood.

12858 Golden Trout Way, Penn Valley

Listing courtesy of HOMWRX.

$415,000

2 Beds ⋅ 3 Baths ⋅ 2,852 SqFt. ⋅ 226114543 MLS

Unlock tremendous potential and instant sweat equity with this rare value-add opportunity at 12717 Lake Wildwood Drive in Penn Valley. Spanning over 2,800 square feet on a 0.39-acre lot, this expansive home offers a blank canvas for contractors, savvy investors, or ambitious buyers ready to customize. While the property requires repair and modern restoration, its substantial footprint, attached garage, and solid structure provide an ideal layout to reconfigure, upgrade, and build significant equity below turnkey market pricing. Situated within the highly desirable, gated Lake Wildwood Association, the value extends far beyond the front door. Residents enjoy a gated, resort-style lifestyle complete with a private lake, marina, multiple swimming beaches, a championship 18-hole golf course with clubhouse dining, tennis and pickleball courts, and 24/7 staffed security.

12717 Lake Wildwood Drive, Penn Valley

Listing courtesy of Keller Williams Realty.

$354,000

2 Beds ⋅ 2 Baths ⋅ 1,409 SqFt. ⋅ 226109419 MLS

Rare level lot in Lake Wildwood! Single story living with all Section 1 work cleared (no dry rot or water damage inside or out) and room to spread out with ramped access in back. Tucked along a peaceful year round creekside setting with no rear neighbors. This home offers filtered golf course views and a private, natural and newly landscaped backdrop that's hard to find in the area's typically sloped terrain. Bright, light-filled interior is move-in ready and offers great potential to add your own updates and style. NO CA Fair Plan needed here and major systems are already handled: all new appliances throughout, new roof (2022), new HVAC (2022), new electrical panel (2022) plus new siding and decks (2022-2023) giving you a strong foundation to build on. Outside, enjoy an abundance of parking with excellent potential for boat and RV storage. Beyond the home, enjoy Lake Wildwood's gated resort lifestyle: a private lake for boating, fishing and swimming, a championship 18 hole golf course, 5 parks, on-site dining, tennis and pickleball courts and a hiking/walking trail all just minutes from your door. You'll love this rare combination of location, level land, and low-maintenance recent upgrades at a great value - in one of Penn Valley's most sought-after gated resort communities.

12356 Lake Wildwood Drive, Penn Valley

Listing courtesy of Wesely & Associates.

$445,000

3 Beds ⋅ 2 Baths ⋅ 1,728 SqFt. ⋅ 226105772 MLS

Experience Panoramic Local Views From This PRIVATE, SINGLE-STORY Custom Home. Ideally Situated On A Level Lot Backing Up To Open Space, You Are Going To Love The Privacy. An Inviting Front Porch Welcomes You Into This Move-In Ready Home, Perfect For First-Time Buyers, Downsizers, Or Investors. The Light-Filled, Open Layout Is Designed For Comfortable Everyday Living And Entertaining, With Large Picture Windows That Showcase The Beautiful Views. The Spacious Kitchen Offers An Island, Abundant Counter Space, And Plenty Of Room To Gather. The Great Room Features Vaulted Ceilings, A Cozy Fireplace, And Opens To A Large SunroomThe Perfect Place To Relax And Take In The Surroundings. The Large Primary Suite Includes A Sitting Area, Large Walk-In Closet, And Spacious Bath With A Walk-In Shower. Two Additional Bedrooms And A Full Bath Are Perfect For Family And Friends. Step Outside To The Peaceful Patio And Enjoy The Privacy, Open Space, And Expansive Views. Recent Updates Include New Interior Paint And New Flooring. Additional Features Include Quality 2x6 Construction, Vaulted Ceilings, Large Picture Windows, And An Oversized Garage With An Extended Area That's Ideal For A Golf Cart, Workshop, Hobby Room, Or Extra Storage. With Its Single-Story Design, Level Lot, Privacy, Views, And Move-In Ready Condition, This Special Home Offers An Exceptional Combination Of Comfort, Convenience, And Easy Living. Lake Wildwood Is A Beautiful, All-Aged, Gated Community In The Sierra Nevada Foothills. 20 Minutes To The Yuba River And Grass Valley, 1 Hour To Lake Tahoe Or Sacramento, Featuring 24-Hour Security, An Award-Winning 18 Hole Championship Golf Course, A Beautiful Clubhouse, A Private Lake For Swimming, Boating, And Fishing, A Lap Pool, A Community Center With A Wide Variety Of Clubs And Classes, 5 Beachside Parks, Marina, Bocce Ball, Pickleball, Hiking Trails And More!

12605 Jayhawk Court, Penn Valley

Listing courtesy of RE/MAX Gold.

$479,500

3 Beds ⋅ 3 Baths ⋅ 1,979 SqFt. ⋅ 226104534 MLS

Fantastic one-level golf course home with beautiful views of the 15th hole on Lake Wildwood's 18-hole golf course. Open floorplan with coffered ceilings in the living room. Large windows to take in the views. The kitchen opens to the living room and features tile counters, built-in oven and microwave, dishwasher and included refrigerator. Nice master suite with access to the rear deck. Master bathroom features double sinks, tiled walk-in shower, tile floors and a walk-in closet. Two additional bedrooms and full bath are perfect for family or visiting guests. Indoor laundry room with 1/2 bath and access to the two-car garage and large rear deck overlooking the golf course. Easy care stucco siding and tile roof. Clear section one report on file. Great location just minutes to the clubhouse, pro shop, lakeside parks and marina.

18098 Lake Forest Drive, Penn Valley

Listing courtesy of Coldwell Banker Grass Roots Realty.

$469,000

3 Beds ⋅ 2 Baths ⋅ 1,540 SqFt. ⋅ 226101511 MLS

HUGE PRICE ADJUSTMENT! NEW, NEW, NEW And Truly MOVE-IN READY! Single Story Home On A LEVEL LOT With 1 Step To Enter! This Beautifully Transformed 3 Bedroom, 2 Bath Home Offers The Rare Combination Of A Stylishly Updated Interior, Major Exterior Improvements And Easy, Comfortable Living. Large Windows Bring In An Abundance Of Natural Light And Give The Home A Bright, Open And Spacious Feel. The Improvements Are Extensive. Outside, There Is A 1 Year Old Roof And Gutters, New Dual-Pane Windows And Sliding Door, New James Hardie Fiber Cement Siding, New Trim, New Exterior Paint, A New Front Door And Hardware, A New Deck With Metal Railings, A New Paved Driveway And Firewise Landscaping. Step Inside And The Fresh, Updated Feel Continues With New Interior Paint, New Laminate And Carpet Flooring, New Designer Baseboards And Trim, New Doors And Hardware, New Designer Lighting, New Ceiling Fans, And Updated Switches And Outlets. The Kitchen Has Been Opened To The Living Area, Creating A Light And Inviting Great Room For Everyday Living And Entertaining. The Beautifully Remodeled Kitchen Features New White Cabinetry With Gold Hardware, Quartz Countertops, A Custom Tile Backsplash, A Farmhouse Sink, An Island With Tons Of Storage, And New Stainless Steel Appliances. Both Bathrooms Have Been Extensively Refreshed With New Vanities, Countertops, Sinks, Mirrors, Lighting And Fixtures. The Primary Bath Features A Walk In Shower Stall With New Tile, And A Sliding Glass Door, While The Guest Bath Includes A Refinished Tub And New Hardware. An Inside Laundry Room And 2 Car Finished Garage Complete This Gem. From The Roof To The Flooring, Kitchen To Bathrooms, Windows To Siding, Deck To Driveway, It Has Already Been Done. Whether You're Looking For Your First Home, Simplifying To Single-Story Living Or Searching For A Turnkey Investment, This One Is Ready To Enjoy From Day One. Move In, Unpack And Start Living! Lake Wildwood Is A Beautiful, Firewise, All-Age Gated Community In The Foothills. 15 Minutes To The Yuba River And Grass Valley, 1 Hour To Tahoe Or Sacramento, 24-Hour Security, Clubhouse, 18-Hole Golf Course, Private Lake For Swimming, Boating And Fishing, Pool, Community Center, 5 Beachside Parks, Marina, Bocce, Pickleball, Hiking Trails, Tennis Courts And More!

18082 Hummingbird Drive, Penn Valley

Listing courtesy of RE/MAX Gold.

$450,000

3 Beds ⋅ 3 Baths ⋅ 2,140 SqFt. ⋅ 226106778 MLS

Come home to the vacation lifestyle in the beautiful gated community of Lake Wildwood! Privately situated on a quiet cul-de-sac, this 2,140-square-foot home offers peaceful views including a lake view on a spacious, partially covered deck. Perfect for relaxing, entertaining, and enjoying the natural surroundings. The lower level features a possible guest suite with a private entrance, offering flexibility for multigenerational living, extended family, or visitors. Enjoy the great room with tall knotty pine wood ceilings and large kitchen with island which flows right out to the large deck. Generac generator ready if needed. Lake Wildwood amenities include boating, kayaking, tennis, pickleball, an Olympic-size swimming pool, parks with sandy beaches, excellent dining, and a beautiful 18-hole golf course. Here, every day feels like a vacation!

17572 Long Branch Court, Penn Valley

Listing courtesy of Century 21 Cornerstone Realty.

$479,900

4 Beds ⋅ 4 Baths ⋅ 3,511 SqFt. ⋅ 226073767 MLS

Tucked on 9.35 private acres just minutes from town, this versatile 3,511 sq. ft. property features two fully independent living spaces, 4 bedrooms, and 3.5 baths. The upper level showcases a stunning renovated kitchen with white shaker cabinets, stainless appliances, and a center island. The upper primary suite opens to a private deck. The lower level is fully self-contained with a separate entrance, and its own kitchen, opened to the living area anchored by a charming woodstove on a full brick hearth. Spacious bedrooms feature ceiling fans and dual-paned windows ideal for in-laws, guests, or possible rental income. Central HVAC throughout. Outside enjoy a fenced yard, detached garage, plenty of room for RV storage, livestock, shelters, garden or orchards. A rare foothills opportunity!

16153 Indian Springs Road, Penn Valley

Listing courtesy of Troy Davis Real Estate, Inc..

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All measurements and all calculations of area (i.e., Sq Ft and Acreage) are approximate. Broker has represented to MetroList that Broker has a valid listing signed by seller authorizing placement in the MLS. Above information is provided by Seller and/or other sources and has not been verified by Broker. Copyright 2026 MetroList Services, Inc. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of MetroList® MLS. All information has been provided by seller/other sources and has not been verified by broker. All interested persons should independently verify the accuracy of all information. Last updated .