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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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  • $259,000.00

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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.

DescriptionAmount for 10 investorsAmount for 20 investorsAmount for 25 investors
Total Property Cost$259000$259000$259000
Land Size56.61 acres56.61 acres56.61 acres
Land Ownership per Investor5.66 acres2.83 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 Investor25900.012950.0~10360.0
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.

 

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Ownership of approximately ~2.26 acres of land.

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