CdSe–Au networks were synthesized by a colloidal chemistry technique. They entail CdSe nanorods with a diameter of ~10 nm and a length of ~40 nm, which are joined together by Au domains (~5 nm). Individual networks were positioned by AC dielectrophoresis between bow-tie electrodes with a gap of ~100 nm and their conductivity as well as the photoelectrical properties were investigated. Nanorod networks, with multiple Au domains on the nanorod surface, displayed stable conductivity that was not sensitive to blue laser light illumination. Such nanostructures were transformed by thermal annealing to networks with Au domains only at the nanorod tips. In this system, the overall conductivity was reduced, but a clear photocurrent signal could be detected, manifesting semiconductor behavior.