$65,000 Active

15500 Rocky Road

Fallon, NV 89406

STR Status Unknown

About This Property

Excellent opportunity to live off the grid!! Incredible views on this 40 acre parcel. Plenty of room to do your own thing!! Hiking, boating, recreational vehicles, and so much more. Enjoy the Nevada great outdoors!! Clear views of Lahontan Reservoir from the higher points of the parcel and from the off grid, one bedroom, one bath house with a wood stove for heat and a propane stove/oven for cooking. There are no utilities on the site. The land is located less than 2 miles off Highway 50 East, across from the reservoir. Accessible with a 2WD vehicle (clearance recommended). There are 2 different access roads and a lockable vehicle gate at the beginning of the driveway. This property is 33 minutes west of the town of Fallon and 47 minutes from Carson City, where you can find grocery stores, restaurants, and entertainment. Reno, Sparks, Tahoe International Airport and all major city amenities are approximately one hour away.

Listed by Cyndy Brown — Coldwell Banker Select Reno

Listing Details

Status Active

MLS # 260010269

Property History

Aug 09, 2026

Listed for sale

$65,000

Property Overview

Lot Size 40.00 acres

Property Type Land

APN 007-021-49

Exterior & Lot

View Desert, Mountain(s), Peek, Valley

Financial

Annual Tax $841

Schools

Elementary School Lahontan

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

PROJECTED ANNUAL REVENUE

$142,500 ($118K – $167K range)

~$11,875 per month

Avg Nightly

$485

Occupancy

68%

Cap Rate

5.2%

STR Investment Analysis

STRUCTURAL SCORE

PROJECTED ANNUAL REVENUE

Avg Nightly

Occupancy

Cap Rate

Est. NOI Net Operating Income = annual gross rental revenue minus operating expenses (cleaning, property management, taxes, insurance, HOA, utilities, maintenance, supplies) — but before mortgage payments.

We estimate it as NOI = Projected Annual Revenue × 40%, assuming ~60% of gross goes to operating expenses on a typical Tahoe STR.

NOI feeds the cap rate below: Cap Rate = NOI ÷ List Price.

Legal Occupancy

MONTHLY REVENUE

AVERAGE DAILY RATE

ADJUSTED OCCUPANCY

Estimates based on 2024-2025 comparable rental performance. Actual results vary.

Cost Segregation Tax Savings

Estimated first-year bonus depreciation savings

Estimated First-Year Tax Savings

via bonus depreciation

Land Value

Improvement Basis

5-Year Property (18%)

15-Year Property (10%)

Tax Bracket:

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

Property taxes

HOA dues

From MLS listing data.

Home insurance

Insurance estimate only — Tahoe wildfire-zone rates vary; get a local broker quote for accuracy.

Down payment

20% ($13,000)

Home price

$65,000

Loan details

30-yr fixed, 6.5%

Start Time

End Time

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