$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
1
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.
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%
