$1,500,000 Active
4433 Casey Road
Fallon, NV 89406
STR Status Unknown
4 Beds
·
4.5 Baths
·
4,082 Sq Ft

About This Property

Welcome to an extraordinary Fallon estate where luxury living, productive acreage, and equestrian opportunity come together on 17.73 acres of water-righted land. With the recent addition of acreage, this exceptional property now offers an even greater level of privacy, usability, and long-term value, creating a rare opportunity to own a true Northern Nevada horse property with land in production. Thoughtfully designed and custom built, the residence encompasses more than 4,000 square feet of refined living space, featuring four bedrooms and four-and-a-half baths. Inside, an expansive open-concept floor plan showcases soaring ceilings, abundant natural light, and seamless transitions between the great room, dining areas, and chef-inspired kitchen. Designed for both grand entertaining and everyday comfort, the home's inviting layout balances elegance with functionality. The spacious kitchen serves as the heart of the home, offering custom finishes, abundant workspace, and generous gathering areas that encourage connection and conversation. The luxurious primary suite provides a private retreat complete with radiant heated floors in both the spa-inspired bathroom and walk-in closet, while the dedicated office also features underfloor heating for year-round comfort. Oversized secondary bedrooms offer exceptional space and privacy for family and guests alike. Beyond the residence, the property's 17.73 acres truly set it apart. The productive, water-righted acreage offers tremendous versatility, whether for agricultural use, livestock, or the equestrian lifestyle. Horse enthusiasts will appreciate the expansive, usable land that provides ample room for riding, training, turnouts, pasture, and future equestrian improvements. The combination of productive ground, valuable water rights, and nearly eighteen acres of open space creates an increasingly rare offering in today's market. An additional detached garage provides abundant storage for vehicles, recreational equipment, workshops, or hobby space, further enhancing the property's functionality. Ideally situated in a peaceful country setting while remaining conveniently close to local amenities, parks, and shopping, this remarkable estate offers the best of both worlds: luxury living and the freedom that comes with owning a substantial, income-producing, water-righted horse property. Whether you're seeking a premier equestrian estate, a productive agricultural holding, or simply room to live, grow, and enjoy the Nevada lifestyle, this exceptional property delivers on every level.

Listed by John Ruddy — Sierra Sotheby's International

Listing Details

Status Active
MLS # 260006902
Price/Sq Ft $367

Property History

May 30, 2026
Listed for sale
$1,500,000
Property Overview
Beds 4
Baths 4.5
Sq. Ft. 4,082
Lot Size 17.73 acres
Stories 1
Year Built 2003
Property Type Single Family Residence
APN 008-711-26
Parking
Garage Spaces 4
Total Parking 4
Parking Features Additional Parking, Garage, Parking Pad, RV Access/Parking
Attached Garage Yes
Exterior & Lot
Exterior Features Rain Gutters, RV Hookup
Lot Features Landscaped, Level
View Meadow, Trees/Woods
Construction Stucco
Roof Asphalt, Shingle
Foundation Crawl Space
Utilities & Systems
Heating Forced Air, Propane, Radiant Floor
Cooling Central Air
Financial
Annual Tax $5,801
Schools
Elementary School E.C. Best
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 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% ($300,000)
Home price
$1,500,000
Loan details
30-yr fixed, 6.5%
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Kristina Mattson
Kristina Mattson
Broker - Owner
CA 01950662

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