Grass Valley Real Estate

Bourne-Cottage-Empire-MineGrass Valley’s history is part of the colorful lore of the California Gold Rush. The first notations about the area are from the late 1840’s when a party of men searching for cattle came upon a “grassy valley”.

Grass Valley’s claim to historic fame is embedded in the vast amounts of gold discovered and extracted from its rich underground mines. In more than 100 years of mining, the mines of Grass Valley made it the richest of all California gold mining towns.

In December, 1848, President James K. Polk declared in a State of the Union address that large quantities of gold had been discovered in California. As word spread about the gold rush, prospectors flooded the foothills. The small settlement began looking like a village. Then in 1850, a settler by the name of George McKnight discovered gold in the quartz rock along Gold Hill and the real boom began.

By 1851, thousands of people were living in the bustling town now known as Grass Valley and in the nearby town of Nevada, (later renamed Nevada City when Nevada became a state). Grass Valley suffered a disastrous fire in 1855, and Nevada City burned in 1863, but the towns quickly rebuilt and continued to grow.

The Empire, Northstar, Pennsylvania, Idaho-Maryland and Brunswick mines became known around the world, attracting hardworking miners and would be millionaires. As the underground mines grew, skilled hard-rock miners from Cornwall and Ireland arrived. They settled into their new hometown of Grass Valley while mine owners and managers lived in nearby Nevada City. Over the next 100 years the mines extracted more than $400 million in gold, making Grass Valley California’s most prosperous mining town. Unfortunately, gold mining declined in the 1950’s and eventually all of the hard-rock mines were closed.

Both Grass Valley and Nevada City are on the national register of historic places and have multiple buildings on the national register. The National Hotel in Nevada City and the Holbrook in Grass Valley are reminders of the grandeur of California gold rush hotels. The Golden Gate Saloon in the Holbrook is known as the oldest continuously operating saloon west of the Mississippi!

Today, the towns thrive and the beautifully restored historic buildings in the downtown areas remind us of the days gone by. Because of the combined beauty, the community’s commitment to preserving its rich history and the attraction of a talented arts community, the Sierra Foothills is a popular destination for visitors and conventions. Tourism has become a fundamental economic base. Our community and its economy are still emerging. Part of the emergence has required nearly all of our major industries to retool for greater competitiveness in a global marketplace. Our demographic profile is changing dramatically.

Real estate in this area ranges from small downtown lots to parcels well over 100 acres. Properties can be rural, in town, or even “off the grid”, your choice!

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