$290,000 Active
75 Drumm Lane
Fallon, NV 89406
STR Status Unknown
4 Beds
·
2.0 Baths
·
1,386 Sq Ft

About This Property

This 1963 farmhouse farmette offers a rare opportunity for an investor or buyer to reimagine a classic rural property with timeless character. Set on a full acre with valuable water rights, the property provides the space, flexibility, and basis to create something truly special. The home features four bedrooms, two bathrooms, a mud room, a covered patio, and a detached garage. With its vintage roots and traditional farmhouse layout, the property invites a thoughtful transformation that blends original charm with modern appeal. The expansive lot offers endless potential. Whether you envision a restored farmhouse, a charming farmette, or a long-term investment, the land and water rights add lasting value and versatility. Offered as is, this property is ideal for investors, builders, or buyers seeking a project with character, land, and opportunity in a rural setting.

Listed by Laura Engleman — Berney Realty, LTD

Listing Details

Status Active
MLS # 260006953
Price/Sq Ft $209

Property History

Jun 01, 2026
Listed for sale
$290,000
Property Overview
Beds 4
Baths 2.0
Sq. Ft. 1,386
Lot Size 1.12 acres
Stories 1
Year Built 1963
Property Type Single Family Residence
APN 006-731-09
Parking
Garage Spaces 2
Total Parking 4
Parking Features Additional Parking, Carport, Detached, Garage, RV Access/Parking
Attached Garage Yes
Exterior & Lot
Exterior Features None
Lot Features Greenbelt, Landscaped, Level
View Mountain(s), Park/Greenbelt, Trees/Woods
Construction Asbestos
Roof Composition, Pitched, Shingle
Foundation Crawl Space
Utilities & Systems
Heating Electric, Forced Air, Natural Gas
Cooling Electric, Evaporative Cooling
Financial
Annual Tax $1,138
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 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% ($58,000)
Home price
$290,000
Loan details
30-yr fixed, 6.5%
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Kristina Mattson
Kristina Mattson
Broker - Owner
CA 01950662

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