$9,000,000 Active
000 Pinenut Road
Gardnerville, NV 89410
✓ STR Allowed — Permit Required
Douglas County NV STR permit required. Check HOA rules — many communities in this area restrict short-term rentals.

About This Property

Prime land featuring valuable surface water rights and entitlements with an approved Specific Plan. Utilities to the site. Excellent location close to Lake Tahoe. Create a legacy ranch, equestrian facility or farm-to-table residential on 130+ acres with stunning mountain and valley views. The historic Carson Valley offers year 'round recreation: hiking, biking, golf, fishing, off-roading and alpine skiing at nearby mountain resorts. Enjoy sunsets and starry nights from this rich pastoral setting

Listed by Kristine Mitchell — Sierra Sothebys International

Listing Details

Status Active
MLS # 240001241
Days on Market 849

Property History

Feb 07, 2024
Listed for sale
$9,000,000
Property Overview
Lot Size 130.00 acres
Property Type Land
STR Jurisdiction Douglas County
APN 1220-14-000-010
Exterior & Lot
Lot Features Gentle Sloping, Level, Open Lot, Corners Marked
View Mountain(s), Valley
Financial
Annual Tax $868
Schools
Elementary School Scarselli
Middle School Pau-Wa-Lu
High School Douglas
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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
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% ($1,800,000)
Home price
$9,000,000
Loan details
30-yr fixed, 6.5%
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Kristina Mattson
Kristina Mattson
Broker - Owner
CA 01950662

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