$380,000 Active Under Contract
1012 Rocky Terrace Drive #35
Gardnerville, NV 89460
✓ STR Allowed — Permit Required
Douglas County NV STR permit required — the county allots only about 600 permits and availability is hit-and-miss, so expect a possible waitlist. Check HOA rules too — many communities in this area restrict short-term rentals.

About This Property

A rare building lot is available! This .33 acre parcel is perfectly situated to overlook ranch land and some of the very best panoramic mountain views in the Carson Valley! The Rocky Terrace neighborhood is located in the central part of Gardnerville and consists of custom homes on generous size lots with a minimal HOA to cover the cost of entry ways maintenance. Underground utilities include natural gas. Take advantage of this wide lot to plan a home with inspiring mountain views from several of your main rooms. Enjoy colorful sunsets, snow covered peaks and evening stars from your backyard. The minimal HOA participation is for maintainence of the two entry monuments. Cruise on up to Lake Tahoe for a day or partake in any of the year round sports and community activities this area has to offer within minutes' drive of your home.

Listed by Diane Bartsch — RE/MAX Realty Affiliates

Listing Details

Status Active Under Contract
MLS # 260008232
Days on Market 46

Property History

Jun 26, 2026
Listed for sale
$380,000
Aug 07, 2026
Pending
$380,000
Property Overview
Lot Size 0.33 acres
Property Type Land
Subdivision Rocky Terrace
STR Jurisdiction Douglas County
APN 1220-08-410-012
Exterior & Lot
Lot Features Sidewalks
View Mountain(s), Rural, Valley
Financial
Annual Tax $1,296
HOA Fee $115 / Quarterly
HOA / Community Rocky Terrace
Schools
Elementary School Gardnerville
Middle School Carson Valley
High School Douglas
📊

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% ($76,000)
Home price
$380,000
Loan details
30-yr fixed, 6.5%
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