$475,000 Active
1257 Monarch Lane
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.
3 Beds
·
2.0 Baths
·
1,418 Sq Ft

About This Property

Welcome to 1257 Monarch Lane, a 3-bedroom, 2-bath home offering 1,418 square feet of living space on a spacious .31-acre corner lot. One of the property's standout features is the generous lot size, providing plenty of room and flexibility for the next owner to create an outdoor space that fits their needs. Whether that means adding landscaping, garden areas, additional entertaining space, or simply taking advantage of the extra room, there is plenty of potential to make it your own. The property also features unobstructed views of Jobs Peak, providing an impressive Sierra backdrop. Inside, the home offers a functional floor plan with comfortable living spaces and an opportunity for the next owner to update and personalize it to their taste. A newer roof is another valuable improvement already in place. With its large corner lot, Jobs Peak views, and plenty of potential inside and out, 1257 Monarch Lane offers a great opportunity to create a home that truly feels your own.

Listed by Chris Walker — Dickson Realty - Gardnerville

Listing Details

Status Active
MLS # 260010258
Price/Sq Ft $335

Property History

Aug 08, 2026
Listed for sale
$475,000
Property Overview
Beds 3
Baths 2.0
Sq. Ft. 1,418
Lot Size 0.31 acres
Stories 1
Year Built 1978
Property Type Single Family Residence
Subdivision Rancho Estates
STR Jurisdiction Douglas County
APN 1220-16-210-125
Parking
Garage Spaces 2
Total Parking 2
Parking Features Attached, Garage, Garage Door Opener, RV Access/Parking
Attached Garage Yes
Exterior & Lot
Exterior Features None
Lot Features Corner Lot, Landscaped, Level, Sprinklers In Front, Sprinklers In Rear
View Mountain(s), Trees/Woods
Roof Composition, Pitched, Shingle
Foundation Crawl Space
Utilities & Systems
Heating Fireplace(s), Forced Air, Natural Gas
Cooling Central Air
Financial
Annual Tax $1,653
Schools
Elementary School Meneley
Middle School Pau-Wa-Lu
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% ($95,000)
Home price
$475,000
Loan details
30-yr fixed, 6.5%
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