$609,900 Active Under Contract
900 Madison Creek Drive
Fernley, NV 89408
STR Status Unknown
5 Beds
·
3.0 Baths
·
2,934 Sq Ft

About This Property

Welcome to this exceptional 5-bedroom, 3-full-bath home offering 2,934 sq ft of beautifully upgraded living space on a fully fenced 1.06-acre lot, tucked away in a peaceful cul-de-sac. Designed for both comfort and entertaining, this home features a finished basement complete with a semi-custom bar, pool table area, and a dedicated book room—perfect for game nights, gatherings, or quiet retreats. The spacious kitchen includes a pantry, while the washer and dryer are included for added convenience. The 3-car garage is thoughtfully equipped with built-in benches and shelving, providing excellent storage and workspace. A whole-house water softener and purification system adds everyday comfort and efficiency. Outdoors, enjoy the freedom of acreage living with horses allowed, a chicken coop already in place, an island planter, and ample space to bring your RV, toys, and animals. A 30-amp RV service makes parking easy, while a shed and storage container—are negotiable. This beautiful home offers space, privacy, and upgrades that truly do not disappoint. Make your appointment to see it today.

Listed by Katherine Gillespie — eXp Realty

Listing Details

Status Active Under Contract
MLS # 260000604
Days on Market 111
Price/Sq Ft $208

Property History

Jan 16, 2026
Listed for sale
$609,900
Current
Pending
$609,900
Property Overview
Beds 5
Baths 3.0
Sq. Ft. 2,934
Lot Size 1.06 acres
Stories 2
Year Built 1998
Property Type Single Family Residence
Subdivision Farm Lane Estates Ph 1
APN 020-673-05
Parking
Garage Spaces 3
Total Parking 3
Parking Features Attached, Garage, RV Access/Parking
Attached Garage Yes
Exterior & Lot
Exterior Features Fire Pit
Lot Features Cul-De-Sac, Level, Sprinklers In Front
View Mountain(s)
Construction Concrete, Stucco
Roof Composition, Shingle
Foundation Slab
Utilities & Systems
Heating Natural Gas
Cooling Central Air
Financial
Annual Tax $2,051
Schools
Elementary School Cottonwood
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% ($121,980)
Home price
$609,900
Loan details
30-yr fixed, 6.5%
Request a Tour
Murat Gocmen
Murat Gocmen
Managing Broker
CA DRE# 02235314 NV B.1003327.LLC

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Or call directly: (530) 317-0373