$359,500
Active Under Contract
1355 Bonanza Lane
Fallon, NV 89406
STR Status Unknown
3
Beds
·
1.0
Baths
·
1,320
Sq Ft
About This Property
1355 Bonanza Drive, Fallon, NV has been beautifully updated and is set on a full acre with Water Rights along the river. This charming property is the perfect starter home, offering a blend of comfort, space, and modern upgrades throughout. The home has been well-maintained and improved, making it move-in ready for its next owner. Expansive one-acre lot provides endless possibilities, whether you're looking to garden, entertain, or simply enjoy the peaceful riverfront setting. With plenty of room for RV parking, toys, or future additions, this property offers the flexibility that's hard to find.
Listed by Shannon Nelson — Berney Realty, LTD
Listing Details
Status
Active Under Contract
MLS #
260004135
Days on Market
29
Price/Sq Ft
$272
Property History
Apr 08, 2026
Listed for sale
$359,500
Current
Pending
$359,500
Property Overview
Beds
3
Baths
1.0
Sq. Ft.
1,320
Lot Size
0.78 acres
Stories
1
Year Built
1974
Property Type
Single Family Residence
APN
010-113-06
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
Cul-De-Sac, Level
View
Trees/Woods
Roof
Composition, Pitched
Foundation
Crawl Space
Utilities & Systems
Heating
Forced Air, Natural Gas
Cooling
Central Air
Water Source
Carson River
Financial
Annual Tax
$1,415
Schools
Elementary School
Fallon/Other
Middle School
Churchill
High School
Churchill
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% ($71,900)
Home price
$359,500
Loan details
30-yr fixed, 6.5%
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Or call directly: (530) 317-0373
