Nevada City Homes under $500,000

Nestled in the heart of the Sierra Nevada foothills, Nevada City, California, is a charming historic town that beautifully marries the allure of nature with a vibrant community spirit. Known for its stunning landscapes, rich gold rush history, and eclectic arts scene, Nevada City offers an idyllic setting for those seeking both adventure and tranquility. With its tree-lined streets, picturesque architecture, and a plethora of outdoor activities, this enchanting town is a hidden gem waiting to be discovered.

For homebuyers on a budget, Nevada City presents an exciting opportunity with a selection of homes available for under $500,000. This affordability allows you to tap into the unique lifestyle that this region offers without breaking the bank. From cozy cottages to quaint bungalows, these properties often feature charming characteristics such as original woodwork, spacious gardens, and proximity to local amenities.

Imagine waking up to the sound of chirping birds and the breathtaking views of the surrounding mountains, all while being just a short stroll away from the vibrant downtown area. Here, you’ll find an array of shops, cafes, and art galleries, along with seasonal events that foster a strong sense of community.

Whether you’re looking for a weekend retreat or a permanent residence, Nevada City’s homes under $500,000 provide a fantastic opportunity to embrace the enchanting lifestyle of this historic town. Don’t miss your chance to become a part of this captivating community where the beauty of nature meets the warmth of small-town living.

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..

$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.

$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.

$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.

$439,000

2 Beds ⋅ 2 Baths ⋅ 1,282 SqFt. ⋅ 226064793 MLS

Welcome to this enchanting 2-bedroom, 1.5-bath cottage tucked away on a private .60-acre setting in Nevada City. Full of warmth and character, this home is as functional as it is charming featuring an enclosed room perfect for a home office, creative space, or additional flex living. The standout feature is the detached Artist Studio, a fully equipped and previously lived-in space that offers endless possibilities guest house, media room, yoga or art studio, home office retreat the choice is yours. With its own sense of privacy and personality, it's truly a property within a property. Recent improvements mean peace of mind from day one: Brand new permitted roof & gutters, Electrical meter panel upgrade, Fresh new siding. These key updates provide a solid, move-in ready foundation so you can focus on making it your own. Set among the natural beauty of the Sierra Nevada foothills, you'll enjoy the peaceful lifestyle Nevada City is celebrated for all just minutes from town, trails, and the vibrant local arts scene. Close to the Sacramento Airport and the Ski Slopes.

13351 Newtown Road, Nevada City

Listing courtesy of Sierra Homes Realty.

$423,900

3 Beds ⋅ 2 Baths ⋅ 1,494 SqFt. ⋅ 226050751 MLS

Just moments from Scotts Flat Reservoir, this clean and newer manufactured home offers the perfect blend of comfort, convenience, and outdoor lifestyle. With a short walk to your private park and boat launch, lake days are always within reach. Inside, the thoughtfully designed floor plan features 3 bedrooms and 2 bathrooms, with a spacious primary suite set apart for privacy on one side of the home, and additional bedrooms on the other. Each bedroom includes a generous walk-in closet, providing ample storage. The heart of the home is a custom kitchen highlighted by a granite island, ideal for gathering, entertaining, and everyday living. Situated on a flat, usable lot, the property offers a seasonal creek along the back, adding a peaceful natural setting. A custom concrete driveway provides easy access, while the oversized shed delivers excellent space for tools, lake gear, or recreational storage. Whether you're looking for a full-time residence or a weekend retreat, this property delivers easy living in a prime location just minutes from the water and surrounded by the beauty of the Sierra foothills.

12834 Spanish Lane, Nevada City

Listing courtesy of Century 21 Cornerstone Realty.

$369,000

2 Beds ⋅ 3 Baths ⋅ 1,030 SqFt. ⋅ 226016987 MLS

Come experience the privacy of your fully remodeled Cascade Shores bungalow. This charming home features two bedrooms plus an office, high speed internet, two and a half bathrooms, and has been completely renovated from the ground up. The open-concept kitchen highlights striking exposed wood beam and flows seamlessly into your living space. Step outside to your expansive new deck and take in the beautiful views. Just minutes from the lake, this home offers the perfect blend of modern updates, comfort, and tranquility in the sought-after Cascade Shores community.

16228 Gold Bug Road, Nevada City

Listing courtesy of Century 21 Cornerstone Realty.

$475,000

2 Beds ⋅ 2 Baths ⋅ 1,671 SqFt. ⋅ 226014468 MLS

Nevada City Monolithic Dome Home on 10+ tranquil acres. You're not ordinary so why live in an ordinary home? Let your artistic creativity shine and live a truly unique existence. Do you want the most durable, disaster resistant and energy efficient home available? Here it is. This home features radiant flooring for a very comfortable indoor environment and a lovely private court yard for summer time lounging. Just minutes from the beautiful Yuba river and a short drive to Nevada City. Step Outside of the box!!! (Not a Geodesic dome)

14522 Deerhaven Lane, Nevada City

Listing courtesy of Recreation Realty.

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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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