$389,000 Active
280 Fallen Leaf Lane
Fernley, NV 89408
STR Status Unknown
3 Beds
·
2.0 Baths
·
1,420 Sq Ft

About This Property

Charming 3-bedroom, 2-bathroom home in a desirable neighborhood close to golf course and elementary school. This move-in ready home offers comfortable living, convenience and freedom from HOA restrictions. Fully landscaped with automatic sprinklers and fully fenced backyard with patio. Luxury laminate flooring throughout living area and bedrooms.

Listed by Michelle Barney — Century 21 Prime Nevada Prime Real Estate LLC

Listing Details

Status Active
MLS # 260007773
Price/Sq Ft $274

Property History

Jun 17, 2026
Listed for sale
$389,000
Property Overview
Beds 3
Baths 2.0
Sq. Ft. 1,420
Lot Size 0.14 acres
Stories 1
Year Built 2003
Property Type Single Family Residence
Subdivision Desert Springs Ph 6
APN 020-763-31
Parking
Garage Spaces 2
Total Parking 2
Parking Features Attached, Garage, Garage Door Opener
Attached Garage Yes
Exterior & Lot
Exterior Features Dog Run
Lot Features Landscaped, Level, Sprinklers In Front, Sprinklers In Rear
View Mountain(s)
Roof Composition, Pitched
Foundation Slab
Utilities & Systems
Heating Electric, Forced Air, Natural Gas
Cooling Central Air, Electric
Financial
Annual Tax $1,545
Schools
Elementary School East Valley
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

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% ($77,800)
Home price
$389,000
Loan details
30-yr fixed, 6.5%
Request a Tour
Kristina Mattson
Kristina Mattson
Broker - Owner
CA 01950662 BS.0146479.MGR

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