Nevada City Homes under $500,000

Welcome to Nevada City, California – a hidden gem nestled in the Sierra Nevada foothills, where history meets natural beauty. Known for its vibrant arts scene, charming Victorian architecture, and rich Gold Rush history, Nevada City offers a unique blend of small-town charm and modern amenities. Stroll through the picturesque streets lined with boutique shops, art galleries, and delightful eateries that showcase the local flavors and crafts. With its stunning landscapes, including lush forests and serene rivers, outdoor enthusiasts will find endless opportunities for hiking, biking, and exploring the great outdoors.

For those looking to call this enchanting city home, you’ll be pleased to discover a variety of homes available for under $500,000. Whether you’re a first-time buyer, a retiree seeking tranquility, or an investor looking for a promising opportunity, Nevada City has something for everyone. From quaint cottages that exude character to modern townhomes with contemporary amenities, the real estate market here offers a diverse selection that caters to different lifestyles and budgets.

Imagine waking up to the sound of chirping birds and the gentle rustle of leaves, all while being just a short walk away from the vibrant heart of downtown. With its affordable housing options and welcoming community, Nevada City is not just a place to live; it’s a place to thrive. Come explore the possibilities and find your dream home in this enchanting city where adventure and serenity coexist harmoniously. Your new life in Nevada City awaits!

Newest Nevada City Homes under $500,000

$262,500

3 Beds ⋅ 2 Baths ⋅ 1,650 SqFt. ⋅ 226121627 MLS

This ranch style home offers three bedrooms and two bathrooms with mountain views and a wood stove on a private lot. The secluded setting provides a retreat from busy surroundings while maintaining scenic appeal. The home features a wood burning stove for heating and ambiance. The existing layout and structure provide a foundation for updates and improvements to suit individual needs. The quiet, secluded character adds to the appeal of this residence. This is a contractor or DIY special where you can make it your own. The home is offered in its current condition with renovation potential based on the existing structure and layout. Schedule a showing to view the space and condition in person before making any decisions. This is a Fannie Mae HomePath property. First Time Buyers, complete the HomePath Ready Buyer homeownership course on Homepath.com.

16267 Gold Bug Road, Nevada City

Listing courtesy of Century 21 Select Real Estate, Inc..

$450,000

3 Beds ⋅ 2 Baths ⋅ 1,438 SqFt. ⋅ 226121508 MLS

Just minutes from Scotts Flat Lake, this charming Nevada City home offers the perfect blend of comfort, character and Gold Country living. Tucked among the trees in Cascade Shores, this 3-bedroom, 2-bath home sits on just over half an acre and features a bright, inviting interior with warm wood accents, a cozy wood-burning stove and an easy, functional layout. Large windows bring in natural light and the surrounding forest, while the deck offers space to relax and enjoy the peaceful setting. An attached garage and low-maintenance lot add everyday convenience. Whether you're heading to the lake for a morning paddle, spending the afternoon on the water or simply enjoying life beneath the pines, this is a wonderful opportunity to embrace the Nevada City lifestyle with Scotts Flat Lake just a quick two-minute drive away. HOME INSPECTION REPAIRS TO BE COMPLETED BY SELLER: Foundation issues are being repaired. Chimney inspection professional cleaning will be completed.

15811 Banner Quaker Hill, Nevada City

Listing courtesy of Century 21 Cornerstone Realty.

$482,000

3 Beds ⋅ 2 Baths ⋅ 1,413 SqFt. ⋅ 226120840 MLS

This five acre rural property in North San Juan has been with its original owner since it was built. The home has a comfortable cabin feel, with three bedrooms, a guest bathroom, and an upstairs loft. The formal living room is the heart of the house, with cathedral ceilings & lots of windows that bring in natural light. The kitchen has been kept in good original condition with tile counters. Fire hardening has already been done around the property, with vegetation kept to a minimum and plenty of open space surrounding the home. For projects and hobbies, the workshop has 220 electrical, a mechanical car lift, and plenty of room inside for storage. A separate outbuilding offers even more flexibility and can be used for storage, as a second workshop, or for agricultural animals. The property also includes a separate possible building site with a large garden area that gets full sun exposure all day. Whether you want to grow your own food, build a second home, or both, the land gives you room to do it. Grizzly Hill School is just a short drive away, and the Yuba River is close by for enjoying the outdoors.

17201 Old Mill Road, Nevada City

Listing courtesy of Coldwell Banker Grass Roots Realty.

$325,000

1 Baths ⋅ 950 SqFt. ⋅ 226118471 MLS

There are places in the mountains that seem less built than discovered. Built in 1907 by John Spaulding, this log cabin has stood above Bear Valley for more than a century, in a landscape closely tied to the Spaulding name and Nevada County's early water history. Facing east toward the ridge and the first light of morning, the cabin retains exposed log walls, heavy timbers, a generous main living room, a wood-burning stove, and a separate fireplace set into a striking stone hearth, along with a full kitchen and four additional upstairs rooms used as bedrooms. The property already has some of the fundamentals of off-grid use in place: water storage, a solar-powered pump, 110V power, battery backup, and an on-demand water heater, giving the next owner a practical starting point for continued use and improvement. Plumbing has also been run upstairs for a potential future bathroom. The storage tank can be filled from the street through a line installed by the sellers, making water delivery considerably easier. A fresh gravel drive was laid in 2026, the roof is less than five years old, and multiple outbuildings, including a large rear shed, provide useful storage and workspace. The cabin sits on 32.93 acres of Nevada County mountain land, stretching into Bear Valley itself and abutting Tahoe National Forest. Along the rear of the property, the historic Yuba Canal still carries water toward the foothills, a working remnant of the infrastructure that shaped this country generations ago. For all its sense of removal, the property is approximately 30 minutes from Sugar Bowl and downtown Nevada City, under an hour from Lake Tahoe, and less than a mile from access to the Pioneer Trail. More than a century on, the old promise remains: a cabin in the woods, a fire on the hearth, and the mountains beyond your door.

11098 Zeibright Road, Nevada City

Listing courtesy of Coldwell Banker Grass Roots Realty.

$289,900

2 Beds ⋅ 2 Baths ⋅ 1,500 SqFt. ⋅ 226111421 MLS

Contractor Special / Great DIY Opportunity Nice 3-bedroom, 1 and 1/2 bath home with a 2-car garage on a spacious lot. The home was damaged by a fallen tree, and the exterior and roof repairs have already been completed. The interior is ready for the next owner to finish, including a new kitchen and completion of the primary bedroom. A great opportunity for a contractor, investor, or handy buyer looking for a project with much of the major exterior work already done. The property has PG&E power, shared community well water, and a recently pumped and inspected septic system. Wood stove, central heat and air. Additional features include a utility room, garden shed, fruit trees, and plenty of outdoor space. Bring your tools and ideas and finish this home to your own taste. This is a Fannie Mae Homepath Property.

12922 Shady Creek Drive, Nevada City

Listing courtesy of Century 21 Select Real Estate, Inc..

$227,000

300 SqFt. ⋅ 226108311 MLS

Looking for the perfect peaceful waterfront getaway? This Bear River retreat delivers exactly that. Nestled among towering pines with the river flowing just steps away, this property offers the kind of quiet you can actually feel. Nothing but the sound of water moving over the rocks and the breeze drifting through the trees. Whether you're looking for a weekend escape, a nature lovers hideaway, or a serene spot to unwind, this location has it all. Enjoy fishing, swimming, or simply relaxing by the riverbank with a book in hand. And when you want a little town charm, you're only 30 minutes from Nevada City, where you'll find boutique shopping, great dining, and a vibrant historic downtown. A rare chance to own a slice of riverfront tranquility. Your peaceful getaway awaits.

12625 Zeibright Road, Nevada City

Listing courtesy of Wesely & Associates.

$420,000

3 Beds ⋅ 3 Baths ⋅ 1,752 SqFt. ⋅ 226098682 MLS

Enjoy a scenic stroll to historic Gold Rush downtown Nevada City from the Exclusive Woodbridge Townhomes. This beautifully Updated Corner unit offers the community's Largest Floor plan, thoughtful Improvements throughout, and a peaceful setting among the Sierra trees. Since 2022, the home has received an impressive list of Updates, including new Anderson windows, Flooring, Interior Paint, Kitchen improvements, Washer & Dryer, Deck, primary Bath shower, Hot water heater, Garage door opener, and Sewer Backflow device. Adding even more peace of mind, a Fidelity Home Warranty is included through January 30, 2027. The Main Level is designed for comfortable everyday living, with soaring Vaulted Ceilings, a Cozy Fireplace, and an inviting open feel. The Updated Kitchen is both stylish and functional, featuring a 5-Burner gas range, New Lighting and Countertops, Updated Cabinetry, Dishwasher, and Flooring. The spacious Primary en-suite Bedroom offers a Walk-in closet and Updated Full Bath, creating a comfortable private retreat. The conveniently located Guest Bath also houses the Washer, Dryer, and additional storage. Upstairs, discover another Spacious Bedroom with a large Walk-in closet, plus an Additional flexible room that can serve as a 3rd Bedroom, Home office, Hobby room, or Creative space. An ideal setup for today's Live/Work lifestyle. The updated Full Bath features a Rain Showerhead over the tub. The extra large 2-Car garage provides extra room for storage. Woodbridge offers low maintenance homeownership. HOA dues conveniently include fire insurance, roof, and most exterior maintenance, including gutters, siding, front deck, and landscaped areas. Enjoy the benefits of Townhome living while spending less time with exterior upkeep. Set among the natural beauty of Nevada County, Woodbridge offers a peaceful retreat located close to scenic walking, hiking and biking trails. Spend the day exploring acclaimed restaurants, entertainment, boutiques, galleries, and our famous Farmers Market, then return home to the comfort of Woodbridge. This is Mountain Town living at its finest! Seller may offer financing as well.

311 Bridge Way, Nevada City

Listing courtesy of Coldwell Banker Grass Roots Realty.

$329,000

3 Beds ⋅ 1 Baths ⋅ 1,606 SqFt. ⋅ 226091388 MLS

Enjoy this sunny forested setting with an off grid fully furnished cabin. Completely level land with several open areas for future development and food gardens. Comes with a ham radio system and a large antenna, a well with a pump and a generator. Features 2 bedrooms and an additional room upstairs, and 1 large bedroom, kitchen, and a living room. Also has a large front and side covered porch. Sellers have retired and no longer able to come up to use the cabin, so it is time to pass the torch to someone else to enjoy.

11955 Chalk Bluff Road, Nevada City

Listing courtesy of eXp Realty of Northern California, Inc..

$499,000

2 Beds ⋅ 2 Baths ⋅ 2,124 SqFt. ⋅ 226079075 MLS

Nestled in the peaceful surroundings of Nevada City, this spacious single-level home offers a flexible floor plan, abundant storage, and comfortable living spaces designed for everyday living and entertaining. Beautiful wood-trimmed windows throughout the home add warmth, charm, and timeless character. The kitchen offers ample cabinetry, a cozy breakfast nook, and a dedicated area ideal for a computer center. Adjacent living spaces include a formal dining area and an inviting living room with a wood-burning stove, creating the perfect setting for gatherings with family and friends. The versatile family/recreation room features a wet bar and direct outdoor access, offering a comfortable extension of the home's living space. Its versatile design provides the flexibility to serve as a third bedroom, guest quarters, hobby room, or additional living area to meet your changing needs. The primary suite features a walk-in closet and a private bath complete with a soaking tub and separate shower. An indoor utility room with a butler's pantry provides additional storage and convenience, while two full bathrooms comfortably accommodate family and guests. Enjoy peace of mind with recent updates, including a water heater installed in 2024, furnace in 2019, air conditioning system in 2018, and a newer Generac generator. Outside, you'll find a charming, peaceful, fenced backyard and covered front and back porches, perfect for relaxing, watching local wildlife, and enjoying the tranquil setting. Offering comfort, functionality, and a flexible floor plan, this home is ready for your personal touches and presents an exceptional opportunity in a desirable Nevada City location. Conveniently located just minutes from the heart of Nevada City shops, restaurants and many popular events like Hot Summer Nights, Victorian Christmas and the local Farmers Market & Scott's Flat Lake, where you'll enjoy easy access to boating, fishing, swimming, hiking, and year-round outdoor recreation.

12692 Red Dog, Nevada City

Listing courtesy of Keller Williams Realty Gold Country.

$290,000

2 Beds ⋅ 1 Baths ⋅ 750 SqFt. ⋅ 226075859 MLS

Significant Price Improvement. The kind of property buyers wait for -- 4 level, usable acres in a beautiful park like setting with mature trees, well and septic in place, and room for horses, gardens, and your vision for country living. An existing mobile home provides immediate functionality while you plan your vision for the property. Current owner has upgraded the electrical system. Come see the possibilities.

12940 Golden Eagle Way, Nevada City

Listing courtesy of Century 21 Cornerstone Realty.

$275,000

226072302 MLS

Discover a one-of-a-kind warehouse building with a fascinating history, located just minutes from the heart of Nevada City. Originally built as a firehouse for the Nevada County Consolidated Fire Department, this versatile approximately 1,700 sq. ft. structure offers endless possibilities for its next chapter. The building is equipped with 200-amp electrical service, an existing septic system, water storage tank, chain-driven oversized garage doors, and plumbing hookups for a half bath. Whether you're seeking a workshop, storage facility, industrial space, or exploring the potential for a future residential conversion (buyer to verify with applicable agencies), this property provides a solid foundation for your vision. Enjoy the perfect balance of privacy and convenience, with downtown Nevada City's restaurants, shops, and events just minutes away. Outdoor enthusiasts will appreciate being only 10 minutes from the crystal-clear waters and recreation opportunities of Edwards Crossing on the South Yuba River. Bring your imagination and transform this unique property into something truly specialwithout the expense and effort of starting from the ground up.

14700 N Bloomfield Road, Nevada City

Listing courtesy of RE/MAX Gold.

$175,000

1 Beds ⋅ 2 Baths ⋅ 1,095 SqFt. ⋅ 226069374 MLS

Fantastic opportunity to own your own cabin in the woods. This permitted off-grid home needs some TLC but offers nearly 16 acres of privacy, towering trees, starry nights, and something that's getting harder to find-room to breathe. A place to unplug, explore, slow down, and create your own forest retreat. Savor peaceful mornings with coffee on the porch and spend evenings under the stars. Set beneath a beautiful canopy of pines, cedars, and more, the property offers peekaboo views of the valley and ridge, a spring on the property, and the beauty of living tucked away in the forest. Starlink service is available in the area, offering a reliable way to stay connected while surrounded by nature. Experience the tranquility of forest living while still being approximately 35 minutes from downtown Nevada City, 30 minutes from the beautiful Yuba River, and about 15 minutes from Ananda Village, an internationally recognized spiritual retreat and meditation community. Bring your vision, put in some work, and discover all this unique property has to offer. Owner may carry.

16859 Wyatt Earp Road, Nevada City

Listing courtesy of Berkshire Hathaway Home Svcs..

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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 .

Nevada City Homes under $500,000

Newest Nevada City Homes under $500,000

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