Phenomenal Value! In the prestigious Mountain Lakes Estates of Nevada City, this gated 3-acre estate combines privacy, craftsmanship, and stunning natural beauty with sweeping views of a 5-acre pond and 26-acre greenbelt. The 4,292 sq ft main residence features 4 bedrooms and 3 baths, with a thoughtful layout that includes a grand great room with a stone fireplace, formal dining room, and breakfast nook. Downstairs offers a living room, kitchenette, game area, full bathroom, and a bedroom ideal for guests or multi-generational living. Expansive windows frame serene lake views from nearly every room, while abundant storage ensures practicality matches beauty. The property also includes a spacious professional-grade woodworking shop with its own bathroom and an unfinished 2-bedroom guest unit above, perfect for extended family, rental income, or creative pursuits. The Mountain Lakes Estates community offers two private lakes, a park, trails, and Firewise certification for peace of mind. Located just minutes from historic downtown Nevada City and Grass Valley, this property delivers an exceptional blend of luxury living, natural surroundings, and community amenities.