$199,000 Active
1386 Canal Drive
Fernley, NV 89408

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STR Status Unknown
2 Beds
·
2.0 Baths
·
960 Sq Ft

Our data on this home

About This Property

Great opportunity in Fernley, NV! This 1978 double-wide manufactured home has been converted to real property and sits on approximately .29 acres with a fully fenced yard. With 2 bedrooms and 2 bathrooms, this property offers plenty of potential for buyers looking to renovate, update, or make it their own. The property is being sold AS IS and is ready for someone with vision to bring out its possibilities. The roof was replaced within the last few years. The spacious lot offers room to enjoy the outdoors, create a garden, add recreational space, or simply enjoy your own fenced yard. Whether you're looking for an investment, a project, or an affordable opportunity to own property in Fernley, NV, this home is worth a look. Bring your ideas and imagination and discover the potential this property has to offer!

Listed by Deborah Logan — Equity Nevada RE-Excellence

Listing Details

Status Active
MLS # 260013195
Days on Market 6
Price/Sq Ft $207

Property History

Oct 16, 2026
Listed for sale
$199,000
Property Overview
Beds 2
Baths 2.0
Sq. Ft. 960
Lot Size 0.29 acres
Stories 1
Year Built 1978
Property Type Manufactured Home
Subdivision Green Valley Estates Ph 3B
APN 020-294-01
Parking
Total Parking 2
Parking Features Carport, RV Access/Parking
Exterior & Lot
Exterior Features Awning(s), Dog Run
Lot Features Corner Lot, Cul-De-Sac, Sloped Up
View Mountain(s)
Roof Composition
Foundation 8-Point
Utilities & Systems
Heating Forced Air, Natural Gas
Financial
Annual Tax $999
Schools
Elementary School Fernley
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

$1,400 – $2,000/yr
about $142/mo
Est. Rebuild Cost (Coverage A)
$403,200

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

$1,231 per month
Principal & interest
$1,006/mo
Property taxes
$83/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
$142/mo
Estimated ~$1,400–$2,000/yr — get a local broker quote for accuracy.
Down payment
20% ($39,800)
Home price
$199,000
Loan details
30-yr fixed, 6.5%
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