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🌲 Dreaming of tiny house living? Join our community land investment in Nevada City, CA for affordable, sustainable living! Own a piece of 56.61 acres 🏠✨ with likeminded neighbors. Save money, live green, and build together!

Eco-Friendly Tiny House Community Awaits in Nevada County, CA!

by Otiny house

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Knolltop, Spring Fed Creek, Nevada City, CA 95959, United States (US)

Otiny house

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Campaign Story

Welcome to the Heart of Serenity: Your Eco-Friendly Tiny House Community Awaits in Nevada County, CA!

Ever dreamed of a simpler life surrounded by nature where community and sustainability aren’t just concepts but a way of life? This breathtaking 56.61-acre property in Nevada County could be the cornerstone of such a reality. Imagine waking up to the sound of a spring-fed creek, the sight of towering Madrones, and the gentle rustle of oak and pine trees. This isn’t just about finding land; it’s about crafting a legacy—one where you forge connections with like-minded individuals, all while enjoying the benefits of collective land ownership.

Description Amount for 10 investors Amount for 20 investors Amount for 25 investors
Total Property Cost $259000 $259000 $259000
Land Size 56.61 acres 56.61 acres 56.61 acres
Land Ownership per Investor 5.66 acres 2.83 acres ~2.26 acres
Down Payment per Investor $5180.0 $2590.0 ~$2072.0
Monthly Mortgage per Investor $148.58 $74.29 ~$59.43
Possible Rental Income per Investor $300 $300 $300
Outright Purchase per Investor 25900.0 12950.0 ~10360.0
Rental Income minus Mortgage per Investor $151.42 $225.71 $240.57

Nestled just a stone’s throw from historic Nevada County, you’ll enjoy the perfect blend of rural tranquility with urban convenience. Nevada County is renowned for its vibrant arts scene, rich history, and an array of shopping and dining experiences. The Nevada City is a beacon for creativity, eco-conscious living, and a hub for robust job opportunities, particularly in the art, tech, and green industries.

Our proposed tiny house community is more than a place to live—it’s a retreat from the bustling world. With ample opportunities for camping, off-roading, and nature walks, you’ll live the off-grid dream while staying connected to civilization. The site already hosts a well, making it primed for development without the usual starting hurdles.

Financial Implications of Group Buying Land

Let’s talk numbers. Group buying not only makes entry into the housing market more accessible but also shares the burden, vastly reducing individual costs. The property is priced at $259,000. Here’s what pooling resources can achieve:

  • If 10 investors come together, each invests $25,900 outright or $5,180 as a down payment with a manageable monthly mortgage of approximately $148.58. This yields a generous 5.661 acres per person.
  • With 20 community members, each pays $12,950 or $2,590 down. Monthly mortgage payments drop to a mere ~$74.29 and you’ll still have 2.8305 acres to call your own.
  • Invite 25 investors and the individual cost is even lower at just $10,360 outright, or a down payment of $2,072. Monthly mortgage? An incredible ~$59.43, while owning 2.2644 acres.

But it doesn’t end there. With the potential of rental income estimated at $300 per investor, you could be looking at a positive cash flow from the get-go—for instance, a monthly profit of roughly $240.57 for a 25-investor scenario after mortgage costs.

 

FAQ: Eco-Friendly Tiny House Community in Nevada County, CA

  1. What is the concept behind this tiny house community project?
  2. This project aims to create an eco-friendly tiny house community on a 56.61-acre property in Nevada County, California. It’s designed to offer individuals the chance to live a simpler, more sustainable life by pooling resources and purchasing land collectively. The focus is on fostering a community of like-minded individuals who value nature, affordability, and shared living, while also having the independence of their own land. The land is near Nevada City, so the community also benefits from access to local amenities and job opportunities in the art, tech and green sectors.
  3. How does the group land purchase work financially?
  4. The total property cost is $259,000, and the aim is for a group of investors to purchase the land collectively, therefore reducing individual costs. There are different options depending on the number of participants. For example, with 10 investors, the outright purchase cost per person is around $25,900 or with a down payment of $5,180 and a monthly mortgage of about $150. With 25 investors the outright cost is approximately $10,3600 with a down payment of $2,072 and a monthly mortgage payment of $60. This shared approach makes land ownership more accessible and manageable financially.
  5. What size of land plot would each investor own?
  6. The land ownership per investor varies based on the number of participants. With 10 investors, each would own approximately 5.66 acres. With 20 investors, the amount decreases to about 2.83 acres per person. If 25 investors join, each will own about 2.26 acres. This provides a balance between personal space and shared community.
  7. What are the potential financial benefits beyond land ownership?

Beyond the reduced cost of land, there is also potential for rental income from the property. The estimate provided is $300 per investor, per month. This can create a positive cash flow, potentially offsetting the mortgage costs and creating an income for landowners. The amount of profit will be higher or lower depending on the size of the investment.

  1. What are the amenities and features of the land?
  2. The 56.61-acre property boasts natural beauty, including a spring-fed creek, Madrone trees, and oak and pine trees. The site is close to Nevada City, providing a blend of rural living with nearby city conveniences. It is also equipped with a well, making it primed for development and removing some of the typical barriers to building in rural locations. There are opportunities for activities like camping, off-roading, and nature walks.
  3. What kind of lifestyle does this community offer?
  4. The project aims to provide a way of life centered around sustainability, community, and connection to nature. It offers an opportunity to escape the hustle and bustle of conventional life and embrace a simpler existence. The location also has proximity to a creative and eco-conscious community with a good job market. The community is intended to foster close connections with neighbors while enjoying the benefits of a rural lifestyle.
  5. How do I get involved in this community and purchase land?
  6. Interested individuals can get involved by making an investment in the project. The document outlines different scenarios, where the cost and acreage can be determined by the number of investors, with a minimum investment amount of around $25,900. The more participants, the lower the cost to each investor. This is a group land purchase, so you become part of the community as a result of your financial contribution. The more members the better the community would become.
  7. Is this project designed for fully off-grid living?

While the community has features that support a more independent lifestyle and the land allows for off-grid living, the emphasis is on having a blend of self-sufficiency and connection to civilization. The area is close enough to towns, for easy access to jobs and other resources. The community already has a well, which may mean a shared approach to water. Although a fully off grid set up is not essential, the development would be focused on eco-friendly principles and building practices.

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$10,360.00 or more

Ownership of approximately ~2.26 acres of land.

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