$515,000 Active
1006 Opal Way
Fernley, NV 89408

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STR Status Unknown
3 Beds
·
2.0 Baths
·
1,232 Sq Ft

Our data on this home

About This Property

Welcome to your own piece of high-desert country living in Fernley! Situated on a full acre, this 3-bedroom, 2-bathroom, 1,232 sq. ft. horse property offers a wonderful combination of comfort, functionality, and equestrian amenities. The home features a spacious covered patio, garage, RV parking, and newer split-rail fencing. Recent updates include a freshly painted exterior in 2026 and interior paint completed in 2024. Equestrian enthusiasts will appreciate the custom pull-through breezeway barn, featuring two horse stalls, a dedicated tack room, and hay storage. The property also offers new arena footing, creating a great space for riding, training, and enjoying your horses. With a full acre of usable land, thoughtful improvements, and plenty of room to enjoy the high-desert lifestyle, this property offers the space and functionality horse lovers have been looking for. Come experience the possibilities of country living in Fernley!

Listed by Jake Kellames — Chase International-Damonte

Listing Details

Status Active
MLS # 260012439
Days on Market 26
Price/Sq Ft $418

Property History

Sep 26, 2026
Listed for sale
$515,000

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
May 2024 $465,000 Sabrina ThollColdwell Banker Select RE M Brittany SmithRE/MAX Professionals-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. 1,232
Lot Size 1.00 acres
Stories 1
Year Built 1994
Property Type Single Family Residence
Subdivision Cottonwood Ranches Ph 1
APN 020-481-02
Parking
Garage Spaces 2
Total Parking 4
Parking Features Attached, Garage, RV Access/Parking
Attached Garage Yes
Exterior & Lot
Exterior Features Rain Gutters, None
Lot Features Level
View Mountain(s)
Roof Composition, Pitched
Foundation Crawl Space
Utilities & Systems
Heating Forced Air, Natural Gas
Cooling Evaporative Cooling
Financial
Annual Tax $1,728
Schools
Elementary School Cottonwood
Middle School Fernley
High School Fernley
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STR Investment Analysis

See projected rental revenue, occupancy rates, and investment scores.

STR Investment Analysis

STR analysis
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Home Insurance Estimate

Standard homeowners policy for this home

$1,800 – $2,600/yr
about $183/mo
Est. Rebuild Cost (Coverage A)
$517,440

Estimate from an estimated rebuild cost at standard-market rates. Not a bindable quote; get a local broker quote for accuracy.

See it in the monthly payment

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

$2,931 per month
Principal & interest
$2,604/mo
Property taxes
$144/mo
The seller's current bill, from the MLS: a Nevada bill doesn't reset when a home sells.
HOA dues
$0/mo
From MLS listing data.
Home insurance
$183/mo
Estimated ~$1,800–$2,600/yr — get a local broker quote for accuracy.
Down payment
20% ($103,000)
Home price
$515,000
Loan details
30-yr fixed, 6.5%
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