$424,900 Active Under Contract
3820 Alcorn Road
Fallon, NV 89406
STR Status Unknown
3 Beds
·
2.0 Baths
·
1,294 Sq Ft

About This Property

Welcome to this classic 1940 farmette set on approximately 2 acres with valuable water rights, offering space, history, and opportunity. This 3 bedroom, 2 bathroom home is full of character and ready for the right buyer to bring their vision to life and choose the finishes that suit their style. The property includes a detached garage and workshop, perfect for projects, storage, or hobbies, with plenty of room to grow, garden, or create a small agricultural setup. Wide open land provides flexibility for animals, equipment, or simply enjoying the peaceful rural setting. Whether you're dreaming of a personalized renovation, a hobby farm, or a quiet retreat with room to breathe, this property offers the starting point and freedom to create something truly personal.

Listed by Laura Engleman — Berney Realty, LTD

Listing Details

Status Active Under Contract
MLS # 260008666
Days on Market 47
Price/Sq Ft $328

Property History

Jul 07, 2026
Listed for sale
$399,900
Jul 11, 2026
Price increased
$424,000 $399,900 ↑ $24,100
Jul 11, 2026
Price increased
$424,900 $424,000 ↑ $900
Aug 11, 2026
Pending
$424,900
Property Overview
Beds 3
Baths 2.0
Sq. Ft. 1,294
Lot Size 2.80 acres
Stories 1
Year Built 1940
Property Type Single Family Residence
APN 008-431-15
Parking
Garage Spaces 2
Total Parking 6
Parking Features Additional Parking, Carport, Detached, Garage, RV Access/Parking
Attached Garage Yes
Exterior & Lot
Exterior Features Multiple Entry Flat or Ramped
Lot Features Level
View Desert, Mountain(s), Trees/Woods
Roof Metal, Pitched
Foundation Brick/Mortar, Crawl Space
Utilities & Systems
Heating Electric, Natural Gas
Cooling Electric
Financial
Annual Tax $1,634
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
87
PROJECTED GROSS ANNUAL REVENUE
$118K – $167K typically ~$142,500
~$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% ($84,980)
Home price
$424,900
Loan details
30-yr fixed, 6.5%
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