Located on a prime .53 acre corner lot centrally situated within historic Grass Valley, the early Gold Rush town where the world-famous Empire Mine produced for over a century the richest of all California ore, the intrepid inn buyer/aficionado/adventurer discovers this delightfully elegant Victorian Inn ALONG WITH its ultra-dramatic, "separate owners' quarters," -- a vintage 4-story Barn now converted to a most unique, contemporary loft-style home with custom elevator and over-sized, 2,060 square foot garage. MULTIPLE USES Decidedly an unusual and rare opportunity, this in-town gated compound could appeal either to an aspiring innkeeper who longs for "larger than cubby hole" owners' quarters or, equally, to a high-energy, independent entrepreneur/car collector who values a spacious and dramatic home that includes a 2,060 square foot garage AND a charming historic, income-producing Inn. Too, because both the Inn and the Barn share the same gated, half acre+ parcel, this unique Gold Country offering could become a wonderful family compound/retreat serving the needs of multi-generations. One generation could reside in the 4-story Barn/Loft while another could take over what is now the historic Inn and simply return the Inn to its original purpose, a handsome, mid-19th Century Victorian home. What a perfect place for a large and loving family to share this property's inviting "mermaid" pool and spa as well as Grass Valley's delightfully crisp, clean air and unusual "quality of life!" THE STATE OF INN OWNERS' QUARTERS As any aspiring or existing innkeeper already knows, "owners' quarters" associated with Inns are often quite small, sometimes no larger than a one bedroom/one bath apartment. This exceptional offering poses a sharp and welcome contrast with its 2,885 square foot California Gold Country Period Inn AND separate "owners' quarters" FAR LARGER than the entire Inn itself! In this case, a 4-story Barn with 3,974 square foot of gross living space represents the surprisingly spacious "owners' quarters!" GRASS VALLEY: YESTERDAY AND TODAY An important and popular San Francisco Bay Area tourist destination, Grass Valley boasts a colorful past intricately woven with the history of its own famed Empire Mine, one of the Golden State's first -- and eventually the largest and most productive -- hardrock gold mining operations in the West. With the discovery in 1850 of gold flecks in a local outcropping of quartz, Grass Valley was born! William Bowers Bourn, II, who took over the mine from his father in 1887, went on to become a big name in California, leaving, among his many legacies, the 43-room Filoli mansion in Woodside and the Greystone Winery (now headquarters for the Culinary Institute of America) in St. Helena. The Grass Valley mine that made his fortune is now the Empire Mine State Historic Park, attracting countless visitors from all over the world annually. Today's Grass Valley, at an elevation of 2,500 feet nestled within the California's Sierra foothills wine-growing country halfway between the Bay Area and Lake Tahoe, reflects a progressive, fresh air community where four seasons are enjoyed along with impressive live theatre, thriving arts, film festivals, fine dining with a calendar of culinary events, a growing high-tech electronics industry and, of course, the exciting array of Northern Sierra wine country attractions that include tours and convenient in-town tasting rooms sponsored by the area's many wineries. THE INN (2,885 SQUARE FEET) This charming, ca. 1861, two-story, historic B&B, surrounded by towering redwoods, fragrant lilacs, blooming azaleas, rich rhododendron and even wild onions, handsomely dominates a spacious corner, in-town lot and provides guests with a true Victorian wrap-around porch, generous off-street parking, a "mermaid-tiled" pool/spa and countless relaxing outdoor patios. The Inn's first floor interior includes an elegant, formal parlor, rich Arts and Crafts dining room, open country kitchen with breakfast area, one full suite with two separate bedrooms and private bath and another guest room with its own en suite bath. The Inn's second floor offers two distinct guest quarters, each also with its own private bath. The larger of these often serves as the "wedding suite." The Inn Reception Office is also located toward the rear of this second floor, conveniently adjacent to the Inn's guest parking. Within the property's secure, gated compound are five marked, outdoor guest parking places. INN'S SPECIAL LOCATION Of special interest to aspiring innkeepers is the exceptional "Church Street" location of the Inn, cornering two different churches and within walking distance to several more -- ideal for any Inn that wishes to boost occupancy and/or any innkeeper who plans to benefit from hosting wedding-related events. The Inn also is within walking distance to downtown's restaurants, theatres, and wine tasting rooms and less than 30 miles from Beale Air Force Base. In 2006, the Inn was selected to be included in the prestigious "DESIGNS FOR LIVING Home Tour," an annual benefit organized to support "Music in the Mountains." OWNERS' QUARTERS (3,974 SQUARE FEET OF GROSS LIVING SPACE PLUS A 2,060 SQUARE FOOT OVER-SIZED GARAGE ACCOMMODATING AT LEAST SIX VEHICLES) The 4-story Barn, now converted to an awe-inspiring, loft-style residence, is truly a one-of-a-kind, commanding contemporary art statement that includes vintage stained-glass windows, dual-pane windows throughout, an oil baron's front door, custom elevator with back-up generator, dramatic skylights, romantic and warming gas-fireplaces, premium insulation, spiral staircase, fabulously high-in-the-sky catwalk and sleekly polished, original barn wood floors and today's preference for "industrial" architectural accents. Baths are elegantly finished with Kohler and other high-end appointments and include a bidet in Master Bath but also a charming Victorian claw foot tub; the handsome kitchen sports unusual counter top finishes incorporating original barn wood, an impressive granite sink and a custom ventilation system to complement the "serious" Wolf gas stove/cook top. Massive "great room" spaces reflect contemporary industrial loft-styling with exposed piping and a variety of fans and lighting positioned high along towering vaulted ceilings. Windows are practical, double hung, dual panes that provide ease of cleaning. Two of the Barn's five "bedrooms" serve as offices that share a gas fireplace and half bath and are accessed by a separate entry from School Street. The floor plan of the Barn's garage suggests room for a total of six vehicles; this does not include the side carport. Along with the elevator, there is a handy half bath on the garage level, a useful mud room and a flight of stairs up to the second story Great Room. In 2002, the contemporary Barn/Loft was a featured home participating in the annual "Music in the Mountains" Benefit Tour. The entire .53 acre compound, that includes both the Inn and the Barn, is accessed toward the rear side of the parcel via an automatic-sensor, electric gate. NEVADA COUNTY PRICE PER SQUARE FOOT "Nevada Gold: The 2008-2009 Official Guide To Nevada County" reports that local residential construction costs currently range from $200 to $275 per square foot depending on location and site, with "high-end" homes fully dependent on finishes, extras and complexity. This exceptional Grass Valley property that includes not only a centrally-located, in-town historic Inn but also an extraordinary, 4-story Barn/"high end" residence/Owners' Quarters offers a total of 6,859 GROSS LIVING SPACE on a prime .53 acre parcel ... and comes in at a mere $240.56 per square foot! This information alone could be music to the ears of any lender.* (Please note the GROSS LIVING SPACE for this property does NOT include the Barn's 2,060 square foot garage!) *Seller currently has an ASSUMABLE Mortgage. FURTHER INFORMATION & SHOWINGS For much more information on or to schedule a showing of this extraordinary pair of Gold Rush properties located on a parcel that offers the future possibility of a lot split, please contact Listing Agent Johanna Welty at: 925.708.4505 or email her at: Johanna@apr.com PLEASE ALSO VISIT: www.GoldRushPairExtraordinaire.com