$499,000 Active
1285 Franklin 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
·
1,296 Sq Ft

About This Property

Located in the Gardnerville Rancho Estates, this lovely 3 bedroom, 2 bath home has been lovely improved with many upgrades. Recently installed front door is a welcome greeting. Family room offers abundant light and charming wood stove for cozy evenings indoors. Kitchen has granite counters, under-cabinet lighting, and upgraded stainless appliances including built in microwave, and upgraded stainless faucet recently installed. Both bathrooms have been redone, with new tub/shower insert in guest bathroom, both have upgraded vanities with granite counters and replaced fixtures. Located on a third acre, this home boats mountain views, a concrete patio that runs the length of the home with pergola featuring charming inserts that add character. Spa was just serviced and beckons you to enjoy relaxing evenings in your backyard. Exterior improvements include newly laid asphalt driveway, fresh exterior paint and siding. The lot has RV parking and 3 sheds. Windows and sliders were also just replaced! Come see this adorable turn key home today before it's gone!

Listed by Shana Roske — Silver State Homes of Nevada

Listing Details

Status Active
MLS # 260007459
Price/Sq Ft $385

Property History

Jun 11, 2026
Listed for sale
$499,000
Property Overview
Beds 3
Baths 2.0
Sq. Ft. 1,296
Lot Size 0.30 acres
Stories 1
Year Built 1977
Property Type Single Family Residence
Subdivision Rancho Estates
STR Jurisdiction Douglas County
APN 1220-16-210-065
Parking
Total Parking 2
Parking Features Parking Pad, RV Access/Parking
Exterior & Lot
Exterior Features Rain Gutters
Lot Features Landscaped, Level, Sprinklers In Front
View Mountain(s)
Roof Composition, Pitched, Shingle
Foundation Slab
Utilities & Systems
Heating Wood Stove, Forced Air, Natural Gas
Financial
Annual Tax $1,529
Schools
Elementary School Meneley
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% ($99,800)
Home price
$499,000
Loan details
30-yr fixed, 6.5%
Request a Tour
Kristina Mattson
Kristina Mattson
Broker - Owner
CA 01950662 BS.0146479.MGR

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