$350,000 $379,000 ↓ $29,000 reduced Active
1395 Farm District Road
Fernley, NV 89408
STR Status Unknown
3 Beds
·
2.0 Baths
·
1,716 Sq Ft

About This Property

Rare opportunity to own one of the few large 5 acre lots left in the sought-after Carmel Valley of Fenley. This pristine level property includes a large 4 car recently improved garage, huge double wide manufactured home to fix up or put a new one in. 2 crossed fenced pastures, one unfenced pasture and lots of room for outdoor storage, RV Pads with sewer and power hookup etc. New well pump, pipe, tank and well shed. This would make a wonderful working horse, cash cow, cattle etc. ranch, active horse or inactive "lawn ornament horse" property or the riding lawn mower hobbyist that wants to keep busy. There are 9 marketable additional water rights for sale separately in addition to the existing well household water rights. Please see private remarks. Seller is owner agent.

Listed by Ron Bell — Coldwell Banker Select Mt Rose

Listing Details

Status Active
MLS # 260011032
Days on Market 16
Price/Sq Ft $204

Property History

Aug 26, 2026
Listed for sale
$379,000
Sep 10, 2026
Price reduced
$350,000 $379,000 ↓ $29,000
Property Overview
Beds 3
Baths 2.0
Sq. Ft. 1,716
Lot Size 5.00 acres
Stories 1
Year Built 1974
Property Type Manufactured Home
APN 020-361-16
Parking
Garage Spaces 4
Total Parking 100
Parking Features Garage, Parking Pad, RV Access/Parking
Attached Garage Yes
Exterior & Lot
Exterior Features Fire Pit, RV Hookup
Lot Features Level, Pasture
View Meadow, Trees/Woods
Roof Asphalt, Composition, Pitched
Foundation 8-Point
Utilities & Systems
Heating None
Financial
Annual Tax $2,458
Schools
Elementary School Cottonwood
Middle School Silverland
High School Fernley
📊

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% ($70,000)
Home price
$350,000
Loan details
30-yr fixed, 6.5%
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