$399,000 Active
5510 Vanessa Drive
Fallon, NV 89406
STR Status Unknown
3 Beds
·
2.0 Baths
·
1,768 Sq Ft

About This Property

Better Than New! Beautifully remodeled and move-in ready, this stunning home sits on a spacious 1-acre lot and has been thoughtfully updated from top to bottom. Step inside to a brand-new kitchen featuring new cabinetry, countertops, and modern finishes, along with new flooring throughout, new windows, a new roof, and fresh interior and exterior paint. Both bathrooms have also been completely remodeled with stylish, contemporary finishes. The property features a 2-car garage plus plenty of additional parking in the front and along the side ideal for extra vehicles, an RV, recreational toys, or guests. With a full acre of land, there is plenty of room to create the outdoor space you've always wanted. With extensive upgrades, modern finishes, and plenty of space to make it your own, this home is truly move-in ready. Come see everything this beautifully remodeled property has to offer!

Listed by Gumer Alvarez — Coldwell Banker Select Reno

Listing Details

Status Active
MLS # 260011837
Days on Market 1
Price/Sq Ft $226

Property History

Sep 12, 2026
Listed for sale
$399,000

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Apr 2026 $180,000 Cari NorcuttBerney Realty, LTD Gumer AlvarezColdwell Banker Select Reno

MLS closed sales, with duplicate ingestions collapsed and lease records excluded, so each row is a distinct transaction. Rows marked county record come from the assessor's deed data, which reaches back further than the MLS feed; rows marked via a listing site fill the years the feed misses using that site's public sale record.

Property Overview
Beds 3
Baths 2.0
Sq. Ft. 1,768
Lot Size 1.00 acres
Stories 1
Year Built 1998
Property Type Manufactured Home
APN 008-173-65
Parking
Garage Spaces 2
Total Parking 2
Parking Features Detached, Garage, RV Access/Parking
Attached Garage Yes
Exterior & Lot
Exterior Features None
Lot Features Level
Roof Composition, Pitched, Shingle
Foundation 8-Point, Crawl Space
Utilities & Systems
Heating Forced Air, Natural Gas
Cooling Central Air
Financial
Annual Tax $1,619
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
$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% ($79,800)
Home price
$399,000
Loan details
30-yr fixed, 6.5%
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