Homes for sale under $400k in Penn Valley, CA

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ABOUT THIS HOME
Homes for sale under $400k in Penn Valley, CA
Motivated Seller! Welcome to this spacious 2 bedroom 2 bath updated cottage nestled on a serene . 43 acre lot in Lake Wildwood. Ideally located near Vista Park and minutes from the main gate, this home combines privacy and convenience. Inside, the open floor plan offers a light and airy feel, with fresh interior paint, new light fixtures, and ceiling fans throughout. The spacious living room features a cozy fireplace, charming wood-beamed ceiling, and French doors that open to the back deck perfect for seamless indoor-outdoor entertaining. The dining area flows effortlessly into the kitchen, which features Corian countertops and ample storage. The generously sized primary suite offers new m

$398,000

2 beds2 baths1,475 sq ft

19252 Jayhawk Dr, Penn Valley, CA 95946

Open floor plan • Serene lot • Ceiling fans

Re/Max Gold

ABOUT THIS HOME
Homes for sale under $400k in Penn Valley, CA
PRICE REDUCTION!!!Attention Contractors or DIY'ers! Bring your tool belts and vision to this fabulous fixer on a private end of the road property on 6+ acres. There are TWO homes with good bones in need of TLC, main home is spacious 1711 sf 3/2, ADU is 576 sf 2/1. Two wells, seasonal pond, .. .so much potential here you dont want to miss out on this one! Trustee willing to carry short term note (3 years max) 5% interest only, 100k down.

$375,000

3 beds2 baths1,711 sq ft

19625 Tara Ln, Penn Valley, CA 95946

Seasonal pond • Two possible homes • Strong wells

Recreation Realty

ABOUT THIS HOME
Homes for sale under $400k in Penn Valley, CA
This Dome house is a total fixer upper with excellent upside potential. Whether you are looking for a sweat equity opportunity or a fix & flip project, you should definitely checkout this property.

$329,000

2 beds1 bath1,095 sq ft

17324 Derby Way, Penn Valley, CA 95946

20 acre lot • Built 1978 • Listed 78 days

L.E. Ormsby, Broker

ABOUT THIS HOME
Homes for sale under $400k in Penn Valley, CA
Welcome to the beautiful Sierra Estates! This charming 3-bedroom 2-bath home has been thoughtfully upgraded and is move in ready! Inside you can enjoy new flooring throughout, large windows for ample lighting, and a spacious kitchen with upgraded appliances. The primary bedroom features a large walk-in closet, upgraded tile flooring in the bathroom, as well as a soaking tub for the ultimate relaxation. Step outside onto the beautiful brick patio, perfect for entertaining or relaxing. The fully fenced yard is perfect for animals or play and offers lots of privacy. Also included is a generously sized storage shed for any need. Don't miss this opportunity to own this charming home as well as t

$315,000

3 beds2 baths1,440 sq ft

11280 Sierra Cir, Penn Valley, CA 95946

Brick patio • Walk-in closet • Soaking tub

eXp Realty of California Inc.

NEW CONSTRUCTION

ABOUT THIS HOME
Homes for sale under $400k in Penn Valley, CA
Investment opportunity with community benefit! Earn a solid return while providing much-needed local housing. This new construction duplex in Penn Valley town center features two 2BR/2BA units that will be sold individually, at cost and below market value to assure both affordability and profit. Smaller Unit of the Duplex (Unit B). Developed by NevCo West Community Land Trust to provide workforce housing, rents are structured to remain aligned with middle income levels while yielding 5% in Year 1 and up to 7% by Year 10. Property is held under a 99-year renewable ground lease that preserves affordability while allowing resale of investor shares under favorable terms. Complete on-site prop

$315,000

2 beds2 baths780 sq ft

18093 - B Lasso Loop Unit B, Penn Valley, CA 95946

Built 2025 • Listed 28 days

Gold Country Ranches and Realty

Property at 10077 Bar Hill Rd, Penn Valley, CA 95946, 2 beds, 2 baths

$225,000

2 beds2 baths1,000 sq ft

10077 Bar Hill Rd, Penn Valley, CA 95946

Century 21 Cornerstone Realty

Property at 318 Quail Ln, Penn Valley, CA 95946, 2 beds, 2 baths

$74,999

2 beds2 baths1,568 sq ft

318 Quail Ln, Penn Valley, CA 95946

Century 21 Cornerstone Realty

Property at 220 Robin St, Penn Valley, CA 95946, 1 bed, 1 bath

$49,900

1 bed1 bath399 sq ft

220 Robin St, Penn Valley, CA 95946

Realty ONE Group Complete

Property at 146 Lark St, Penn Valley, CA 95946, 1 bed, 1 bath

$42,900

1 bed1 bath528 sq ft

146 Lark St, Penn Valley, CA 95946

Realty ONE Group Complete

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ABOUT THIS HOME
Homes for sale under $400k in Penn Valley, CA
Bonanza !!!Your very own ranch get away !! Unlimited possibilities to enhance this five acre (+/-)property with your own personal touches ! Art gallery, studio , barn buildings all ready to use !! Plus two story lookout building with its own shower for outside. Fenced and cross fenced to keep animals in !! Minutes from Lake Francis Resort !!

$399,000

2 beds2 baths1,344 sq ft

12991 Lake Francis Ext Rd, Dobbins, CA 95935

Barn buildings • Five acre property • Studio

Nick Sadek Sotheby's International Realty

ABOUT THIS HOME
Homes for sale under $400k in Penn Valley, CA
Motivated Seller! Please bring an offer! Discover the perfect blend of space and privacy with this custom home set on almost 5 acres of gently rolling, wooded land. Designed for both comfort and flexibility, it features a welcoming Great Room with a wood stove, a wraparound deck for outdoor enjoyment, and a versatile fourth room that can serve as an office, guest room, or hobby space. The expansive property includes useful outbuildings and open areas, ideal for animals, gardening, or creating your next project. With ample room to roam and a natural, park-like setting, it's a property that offers both tranquility and possibility. Located in a peaceful, established neighborhood close to sceni

$399,000

3 beds2 baths1,665 sq ft

12577 Brooktree Trl, Oregon House, CA 95962

Almost 5 acres • Custom home • Useful outbuildings

eXp Realty of Northern California, Inc.

ABOUT THIS HOME
Homes for sale under $400k in Penn Valley, CA
Nestled in a serene setting, this charming artist retreat offers the perfect escape from the hustle and bustle or an ideal starting point for a hobby farm. This lovely ranch-style modular home features 3 bright and airy bedrooms, 1 updated Bthrm. & windows that frame stunning views from every room. Sitting on a permanent foundation, it's a wonderful starter home or a future ADU if you choose to build your dream home. Surrounded by majestic oak trees, this home sits on 1.49 acres of fully usable land, offering privacy and tranquility. The home is fully updated with modern touches, new laminate flooring, contemporary lighting, new doors and trim, and fresh interior and exterior paint. T

$398,000

3 beds1 bath1,016 sq ft

14522 Clear Creek Pl, Grass Valley, CA 95949

Adu potential • Majestic oak trees • Permanent foundation

eXp Realty of Northern California, Inc.

VIDEO TOUR

ABOUT THIS HOME
Homes for sale under $400k in Penn Valley, CA
Discover the perfect blend of comfort, functionality, & space on this beautiful flat 1.05-acre property. Equipped alongside the main home, is a 30x30 Quonset-style shop, equipped with a vehicle lift and a large 20x30 concrete pad outside. Water is abundant, with a strong-producing 17 GPM well (last tested) and access to NID irrigation for gardens or livestock. A dedicated 30x30 fenced garden area is ready for planting, and additional outbuildings provide ample storage and versatility. This 1,600 sq. ft. single-level modular home offers a peaceful retreat with open living spaces, plenty of natural light, & a layout designed for easy living. Financing available on property with 5% d

$385,000

3 beds2 baths1,600 sq ft

14939 Stagecoach Way, Rough And Ready, CA 95975

20x30 concrete pad • 1.05 acre property • Vehicle lift

Coldwell Banker Grass Roots Realty

ABOUT THIS HOME
Homes for sale under $400k in Penn Valley, CA
If you think AFFORDABLE HOUSING doesn't exist, take a look at this charming 1500 s. f. home on 9.7 acres with an ASSUMABLE 3.9% FHA loan! Keep your payments down and enjoy home ownership of this great home with privacy and views! One story with vaulted ceilings and a great room with lots of natural light! Large front deck invites you to enjoy the lovely views! The primary bedroom suite is separate from the guest wings and has a sweet bathroom with a large soaking tub and shower! Two large storage structures offer great workspace or hobby room! Located just 13 minutes to downtown Grass Valley and minutes to the Yuba River, this great property offers affordability in a changing ma

$375,000

3 beds2 baths1,500 sq ft

14818 Barberio Ln, Nevada City, CA 95959

Large soaking tub • Seasonal creek • 9.7 acres

Century 21 Cornerstone Realty

ABOUT THIS HOME
Homes for sale under $400k in Penn Valley, CA
Escape to the peaceful foothills at 13375 Rue Montaigne, a spacious 3-bedroom, 3-bath custom home designed for comfort, flexibility, and the great outdoors. Just 10 minutes from Collins Lake and Lake Francis and 20 minutes from Bullards Bar, this home is perfectly situated for those who love boating, fishing, and exploring nature. Inside, you'll find vaulted ceilings, an open-concept layout, and abundant natural light that create a bright and inviting atmosphere. Each bedroom features its own ensuite bathroom, ideal for multigenerational living, guest accommodations, or rental income potential with a separate suite layout. Enjoy the freshly painted interior and newly stained deck, perfect f

$359,000

3 beds3 baths1,932 sq ft

13375 Rue Montaigne, Oregon House, CA 95962

Newly stained deck • Rv access • Custom home

eXp Realty of California, Inc.

Property at 9153 Manzanita Ln, Oregon House, CA 95962, 6 beds, 3 baths

$299,700

6 beds3 baths1,552 sq ft

9153 Manzanita Ln, Oregon House, CA 95962

Better Homes Realty

Property at 12371 Regent, Oregon House, CA 95962, 1 bed, 1 bath

$289,000

1 bed1 bath750 sq ft

12371 Regent, Oregon House, CA 95962

eXp Realty of California Inc.

Property at 12105 Shepard Rd, Smartsville, CA 95977, 1 bed, 1 bath

$275,000

1 bed1 bath700 sq ft

12105 Shepard Rd, Smartsville, CA 95977

Century 21 Cornerstone Realty

Property at 21640 Salsa Ct, Smartsville, CA 95977, 3 beds, 2 baths

$259,900

3 beds2 baths1,631 sq ft

21640 Salsa Ct, Smartsville, CA 95977

Keller Williams Realty

Property at 13433 Newtown Rd, Nevada City, CA 95959, 1 bed, 1 bath

$255,000

1 bed1 bath576 sq ft

13433 Newtown Rd, Nevada City, CA 95959

Real Brokerage

Property at 10290 Candlewood Way, Dobbins, CA 95935, 3 beds, 2 baths

$139,000

3 beds2 baths1,300 sq ft

10290 Candlewood Way, Dobbins, CA 95935

Homes for sale under $400k in Penn Valley

There are currently 9 homes for sale under $400k in Penn Valley. Some of these homes are "Hot Homes," meaning they're likely to sell quickly. Most homes for sale in Penn Valley stay on the market for 60 days. This map is refreshed with the newest listings in Penn Valley every 15 minutes.

In the past month, 5 homes have been sold in Penn Valley. In addition to houses in Penn Valley, there were also 0 condos, 0 townhouses, and 1 multi-family unit for sale in Penn Valley last month. Find your dream home in Penn Valley using the tools above. Use filters to narrow your search by price, square feet, beds, and baths to find homes that fit your criteria. Our top-rated real estate agents in Penn Valley are local experts and are ready to answer your questions about properties, neighborhoods, schools, and the newest listings for sale in Penn Valley. Our Penn Valley real estate stats and trends will give you more information about home buying and selling trends in Penn Valley. If you're looking to sell your home in the Penn Valley area, our listing agents can help you get the best price. Redfin is redefining real estate and the home buying process in Penn Valley with industry-leading technology, full-service agents, and lower fees that provide a better value for Redfin buyers and sellers.

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