$154,500
Active
3425 Drayer Lane
Fernley, NV 89408
STR Status Unknown
About This Property
BUILD your dream home in this desirable area with views across the valley and mountains! 2 Acre lot in Fernley, one of the fastest-growing communities in Nevada. Welsco drilled a well recently and showed 15-18 gallons per minute; telephone and electricity to the lot, needs septic.
Listed by Carole Myers — Silver State Homes of Nevada
Listing Details
Status
Active
MLS #
260010638
Days on Market
25
Property History
Aug 17, 2026
Listed for sale
$154,500
Sale History · changed hands 1×
| Sold | Price | Listing agent (sell side) | Buyer agent (buy side) |
|---|---|---|---|
| Mar 2025 | $94,000 | Eric StangerRE/MAX Traditions | Carole MyersLPT Realty, LLC |
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
Lot Size
2.00 acres
Property Type
Land
Subdivision
Highlands Estates
APN
020-831-02
Exterior & Lot
Lot Features
Open Lot
View
City, Desert, Mountain(s)
Financial
Annual Tax
$529
Schools
Elementary School
East Valley
Middle School
Fernley
High School
Fernley
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% ($30,900)
Home price
$154,500
Loan details
30-yr fixed, 6.5%
