$499,000
Active
3221 Jennings Way
Elko, NV 89801
STR Status Unknown
About This Property
Don't miss this incredible opportunity to own 0.6780 acres of land on Jennings Way, just off Mountain City Highway in Elko, Nevada! This prime parcel offers a perfect blend of convenience, space, and potential for development or investment. Agent Disclosure: Agent Related to Principal
Listed by Sierra Petersen — Coldwell Banker Excel
Listing Details
Status
Active
MLS #
250002545
Days on Market
458
Property History
Mar 04, 2025
Listed for sale
$499,000
Property Overview
Lot Size
0.68 acres
Property Type
Land
Subdivision
Clover Hills Sub Phase 4
APN
001-01A-028
Exterior & Lot
Lot Features
Open Lot, Cleared, Corners Marked, Curbs, Sidewalks
Financial
Annual Tax
$1,000
Schools
Elementary School
Out of Area
Middle School
Out Of Area
High School
Out Of Area
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
From MLS listing data.
Home insurance
$0
Insurance estimate only — Tahoe wildfire-zone rates vary; get a local broker quote for accuracy.
Down payment
20% ($99,800)
Home price
$499,000
Loan details
30-yr fixed, 6.5%
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Or call directly: 530.613.5207
