$240,000 Active Under Contract
321 Silver Avenue #C/3
Elko, NV 89801
STR Status Unknown
3 Beds
·
2.0 Baths
·
1,474 Sq Ft

About This Property

A rare setup near Wild Horse Reservoir, this 1/11-acre property combines lake views, massive shop space, and multiple outbuildings in one of Northern Nevada's top recreation areas. Approximately 65+ miles north of Elko and just minutes from Wild Horse Reservoir known as one of Northern Nevada's premier recreation areas for fishing, boating, and ice fishing. The property features an unconverted 3-bedroom, 2-bath mobile home with additions expanding the living space, a metal roof and a covered porch with peaceful lake and high desert views. Extensive outbuildings provide exceptional storage and workspace, including a 1,117 sq ft detached garage with concrete floor and a fish cleaning station, and a 2,844 sq ft insulated two-door RV pole barn with 16-ft doors, gravel floor, and 110v/220V power. Additional improvements include a 164 sq ft storage shed with 50-gallon fuel tank and adjacent 500-gallon elevated diesel tank, 162 sq ft greenhouse with water and power, an a 40-ft connex shipping container with electrical service. Surrounded by wide-open desert and mountain views, the property offers privacy and year-round recreational access, making it ideal for a basecamp, residence, or investment opportunity. Cash sale only.

Listed by Amber Cerfoglio — Ferrari-Lund R.E. Sparks

Listing Details

Status Active Under Contract
MLS # 260002649
Days on Market 59
Price/Sq Ft $163

Property History

Mar 11, 2026
Listed for sale
$240,000
Current
Pending
$240,000
Property Overview
Beds 3
Baths 2.0
Sq. Ft. 1,474
Lot Size 1.11 acres
Stories 1
Year Built 1970
Property Type Manufactured Home
Subdivision Wildhorse Estates Unit No. 1
APN 085-003-003
Parking
Garage Spaces 6
Total Parking 6
Parking Features Detached, Garage, Garage Door Opener, RV Access/Parking, RV Garage
Attached Garage Yes
Exterior & Lot
Exterior Features None
Lot Features Level
View Desert, Mountain(s)
Roof Metal
Foundation Crawl Space, Pillar/Post/Pier
Utilities & Systems
Heating Propane
Cooling Wall/Window Unit(s)
Water Source Wildhorse Resevoir
Financial
Annual Tax $1,197
Schools
Elementary School Flag View Intermediate School
Middle School Adobe Middle School
High School Elko High School
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STR Investment Analysis

See projected rental revenue, occupancy rates, and investment scores.

STR Investment Analysis

Permitted Zone
STRUCTURAL SCORE Excellent
87
PROJECTED ANNUAL REVENUE
$142,500 ($118K – $167K range)
~$11,875 per month
Avg Nightly
$485
Occupancy
68%
Cap Rate
5.2%

Cost Segregation Tax Savings

Estimated first-year bonus depreciation savings

Estimated First-Year Tax Savings
$0
via bonus depreciation
Land Value
$0
Improvement Basis
$0
5-Year Property (18%)
$0
15-Year Property (10%)
$0
Estimates are for informational purposes only and do not constitute tax advice. Consult a qualified CPA or tax professional for your specific situation. Actual savings depend on individual tax circumstances.

Payment calculator

$0 per month
Principal & interest
$0
Property taxes
$0
HOA dues
$0
Home insurance
$0
Estimate only — wildfire zone rates vary. Contact a local broker for an accurate quote.
Down payment
20% ($48,000)
Home price
$240,000
Loan details
30-yr fixed, 6.5%
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Murat Gocmen
Murat Gocmen
Managing Broker
CA DRE# 02235314 NV B.1003327.LLC

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