$665,000 Active Under Contract
649 Saddle Horn Way
Fernley, NV 89408
STR Status Unknown
3 Beds
·
2.0 Baths
·
2,207 Sq Ft

About This Property

Located in the highly desirable Sage Valley Estates, this beautifully maintained home is move in ready! Set on a usable .5-acre lot with no rear neighbors, you'll enjoy privacy and open space that backs up to the canal. Inside, the home features an updated kitchen with new Café appliances, complemented by newer carpet, newer water heater and new windows throughout. In addition to the 3 bedrooms is an office/den - currently used as a craft room. Fully paid-off solar keeps the electric bill around $19/month—efficient and easy to live in. The outdoor space offers room for RVs and all the toys. Several raised garden beds plus established fig, apple, pear, cherry, and fruit cocktail trees are already in place. A rare combination of comfort, space, and quiet surroundings—ready to enjoy as-is or make your own.

Listed by Kris Carrick — LPT Realty, LLC

Listing Details

Status Active Under Contract
MLS # 260004525
Days on Market 28
Price/Sq Ft $301

Property History

Apr 15, 2026
Listed for sale
$665,000
Current
Pending
$665,000
Property Overview
Beds 3
Baths 2.0
Sq. Ft. 2,207
Lot Size 0.50 acres
Stories 1
Year Built 2004
Property Type Single Family Residence
Subdivision Sage Valley Estates Ph 3
APN 020-956-05
Parking
Garage Spaces 3
Total Parking 3
Parking Features Additional Parking, Attached, Garage, Garage Door Opener, RV Access/Parking
Attached Garage Yes
Exterior & Lot
Exterior Features None
Lot Features Artificial Turf, Landscaped, Level
View Mountain(s)
Construction Stucco
Roof Composition, Pitched, Shingle
Foundation Crawl Space
Utilities & Systems
Heating Fireplace(s), Forced Air, Natural Gas
Cooling Central Air
Financial
Annual Tax $2,944
Schools
Elementary School Fernley
Middle School Silverland
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
Home insurance
$0
Estimate only — wildfire zone rates vary. Contact a local broker for an accurate quote.
Down payment
20% ($133,000)
Home price
$665,000
Loan details
30-yr fixed, 6.5%
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Murat Gocmen
Murat Gocmen
Managing Broker
CA DRE# 02235314 NV B.1003327.LLC

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