$489,000 $497,000 ↓ $8,000 reduced Active
1475 Green River Lane
Fernley, NV 89408

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STR Status Unknown
3 Beds
·
2.0 Baths
·
1,420 Sq Ft
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About This Property

IMMACULATE WITH SO MANY EXTRAS! AND ... NO HOA. Corner lot backing to open space. Two finished Tuff Shed buildings, one a full workshop and the other a dedicated office, on a single-story Fernley property built in 2006 in Truckee River Ranch. The home offers 3 bedrooms, 2 full baths, and 1,420 square feet, with an attached 2-car garage with room for a small RV and plenty of street parking. For anyone who needs real shop space, the larger building delivers: 576 square feet (16 by 36) on a concrete slab with a Rust-Oleum coated floor, a roll-up door, 220-volt power on a 70-amp panel, and LED lighting, divided into a 16 by 24 main workspace and a separate finished FLEX room, each side with its own mini split and a swamp cooler on the main side. The TV's in the shop and Flex room convey with the property. A 35 by 25 gravel pad sits in front of it. The second building, 160 square feet, is set up as a finished office with luxury vinyl plank flooring, plank wood walls, a mini split, LED lighting, and 220-volt power on a 50-amp panel, with a separate rear door to a tool storage area. Work from home, run a business, or build in a shop without leaving the property. Inside, the kitchen features a Frigidaire Gallery range, dishwasher, and microwave and a large stainless sink, and the living room has recessed LED lighting on dimmers and a ceiling fan. Laminate flooring runs through the living room and hallways, carpet covers the bedrooms, and all three bedrooms have ceiling fans. The primary suite includes its own mini split, a garden tub and shower combination, dual sinks, and a walk-in closet with built-in drawers and shelves. Both baths have new light fixtures and new plumbing fixtures, and motion-sensor lighting serves the baths and primary closet. The home has been meticulously maintained. The interior was painted in 2021, the exterior was just painted, and a new water heater went in April 2026. A water softener, and a reverse osmosis system at the kitchen sink round out the home. The large backyard includes a 20 by 20 concrete patio and a newly completed retaining wall, and the rest of the yard has been smoothed and left open for the next owner to finish, whether concrete, lawn, or something else. The lot backs to open space for added privacy and is walking distance to the neighborhood park. Fernley sits on Interstate 80 about 20 miles east of the Tahoe Reno Industrial Center, with Reno and Sparks roughly 45 minutes west, Fallon and Naval Air Station Fallon about 40 minutes southeast, Lahontan Reservoir about 20 miles away, and the city's 18-hole golf course, parks, and shopping in town.

Listed by Kinney and Renwick — Chase International-Damonte

Listing Details

Status Active
MLS # 260013517
Days on Market 1
Price/Sq Ft $344

Property History

Oct 24, 2026
Listed for sale
$497,000
Property Overview
Beds 3
Baths 2.0
Sq. Ft. 1,420
Lot Size 0.21 acres
Stories 1
Year Built 2006
Property Type Single Family Residence
Subdivision Truckee River Ranch Ph 2
APN 022-424-22
Parking
Garage Spaces 3
Total Parking 6
Parking Features Attached, Detached, Garage, Garage Door Opener, RV Access/Parking
Attached Garage Yes
Exterior & Lot
Exterior Features None
Lot Features Corner Lot, Landscaped, Level
View Mountain(s)
Roof Composition, Pitched, Shingle
Foundation Slab
Utilities & Systems
Heating Forced Air, Natural Gas
Cooling Central Air
Financial
Annual Tax $2,642
Schools
Elementary School East Valley
Middle School Silverland
High School Fernley
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STR Investment Analysis

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STR Investment Analysis

STR analysis
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Home Insurance Estimate

Standard homeowners policy for this home

$2,000 – $3,000/yr
about $208/mo
Est. Rebuild Cost (Coverage A)
$596,400

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

$2,901 per month
Principal & interest
$2,473/mo
Property taxes
$220/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
$208/mo
Estimated ~$2,000–$3,000/yr — get a local broker quote for accuracy.
Down payment
20% ($97,800)
Home price
$489,000
Loan details
30-yr fixed, 6.5%
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