$725,000 Active
1201 Soda Lake Road
Fallon, NV 89406
STR Status Unknown
3 Beds
·
2.0 Baths
·
1,856 Sq Ft

About This Property

Horse property you've been waiting for! This 9.32 acre horse property offers the perfect mix of functionality, comfort, & country charm. Ready to rope & ride in the 137×273arena complete with roping box, chute, return alley, and holding pens. Additional four pipe pens & two aluminum panel pens are mud free & graveled with decomposed granite for excellent footing. The property includes new hydrants, a replaced well pump on a productive well, & an automatic front gate with fenced entry area for convenience and security. The 1,856sqft main home features three bedrooms, two full baths, a mud room, new pellet stove, new dishwasher, new DaBella windows with lifetime warranty, & a new HVAC system for year round comfort. Above the garage, a 686sqft remodeled apartment adds flexible living space with new flooring, appliances, plumbing, & a mini split system-perfect for guests or rental income. Approximately three acres of flood irrigated pasture are fenced on three sides with a canal along one boundary, ideal for grazing horses, livestock, or hay production. The rear of the property is unfenced & ready use your way. Mature trees surround the home, offering natural shade and a peaceful backdrop. With thoughtful upgrades, well designed equestrian facilities, and irrigated acreage, this property delivers comfortable country living with modern convenience and efficiency.

Listed by Beatrice Lefanto — RE/MAX Gold

Listing Details

Status Active
MLS # 260010605
Price/Sq Ft $391

Property History

Aug 17, 2026
Listed for sale
$725,000
Property Overview
Beds 3
Baths 2.0
Sq. Ft. 1,856
Lot Size 9.32 acres
Stories 1
Year Built 1972
Property Type Single Family Residence
APN 008-532-10
Parking
Garage Spaces 2
Total Parking 2
Parking Features Additional Parking, Detached, Garage, RV Access/Parking
Attached Garage Yes
Exterior & Lot
Exterior Features None
Lot Features Level
View Mountain(s), Trees/Woods
Construction Stucco
Roof Metal, Pitched
Foundation Crawl Space
Utilities & Systems
Heating Electric, Fireplace(s)
Cooling Central Air
Financial
Annual Tax $2,918
Schools
Elementary School Fallon/Other
Middle School Churchill
High School Churchill
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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 GROSS 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% ($145,000)
Home price
$725,000
Loan details
30-yr fixed, 6.5%
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