$425,000 Active
685 Palomino Drive
Fernley, NV 89408
STR Status Unknown
3 Beds
·
2.0 Baths
·
1,700 Sq Ft

About This Property

Impeccably maintained single story custom home in Fernley. This open concept floor plan features vaulted ceilings, a spacious kitchen with abundant cabinetry and countertop space, stainless steel gas range and microwave, breakfast bar seating, and a pantry area located in the adjacent laundry room. The primary suite offers a large mirrored closet and a private bathroom with double sinks and a walk-in shower. The second bathroom includes a custom walk in jacuzzi tub for easy access and relaxation. Major systems have been replaced within the last four years, including heating, air conditioning, water heater, and roof. The private backyard includes a covered sitting area, storage shed, RV parking/access, and a garden area. Agents: please see private remarks.

Listed by Cory Edge — Edge Realty

Listing Details

Status Active
MLS # 260005154
Days on Market 9
Price/Sq Ft $250

Property History

Apr 28, 2026
Listed for sale
$425,000
Property Overview
Beds 3
Baths 2.0
Sq. Ft. 1,700
Lot Size 0.18 acres
Stories 1
Year Built 1991
Property Type Single Family Residence
Subdivision Countryside 2
APN 020-205-06
Parking
Garage Spaces 2
Total Parking 4
Parking Features Attached, Garage, Garage Door Opener, RV Access/Parking
Attached Garage Yes
Exterior & Lot
Exterior Features None
Lot Features Landscaped, Level, Sprinklers In Rear
View Mountain(s), Trees/Woods
Construction Stone Veneer
Roof Composition, Pitched, Shingle
Foundation Crawl Space
Utilities & Systems
Heating Electric, Forced Air, Natural Gas
Cooling Central Air, Electric
Financial
Annual Tax $1,365
Schools
Elementary School Fernley
Middle School Fernley
High School Fernley
📊

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% ($85,000)
Home price
$425,000
Loan details
30-yr fixed, 6.5%
Request a Tour
Murat Gocmen
Murat Gocmen
Managing Broker
CA DRE# 02235314 NV B.1003327.LLC

Send a Message

Or call directly: (530) 317-0373