$440,000 Active
1289 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.
1.0 Baths
·
1,008 Sq Ft

About This Property

Welcome home to the highly sought-after Gardnerville Ranchos! This charming and beautifully maintained 2-bedroom, 1-bath home offers the perfect blend of comfort, convenience, and Nevada living, complete with filtered views of the Sierra Nevada mountains. From the moment you arrive, you'll appreciate the recently poured wraparound driveway that adds both curb appeal and functionality, leading to a spacious backyard with an uncovered patio that's ideal for entertaining, relaxing, or enjoying peaceful evenings outdoors. The property also features a 1-car garage and ample RV parking, providing plenty of space for your RV, trailer, boat, or other recreational toys. Major improvements have already been taken care of, including a newer roof that's just 3 years old and fresh exterior paint, giving you added peace of mind. Inside, you'll find a home that has been lovingly cared for and is move-in ready. The kitchen could benefit from a few minor cosmetic updates, presenting a wonderful opportunity to add your own personal style while creating instant value. Located in one of Gardnerville's most desirable neighborhoods, you'll enjoy the quiet community feel of the Ranchos while remaining just minutes from schools, parks, shopping, dining, and endless outdoor recreation. Whether you're a first-time buyer, looking to downsize, or searching for your next investment, this inviting home is full of potential and ready for its next chapter.

Listed by Edwin Velasquez — Key Collective

Listing Details

Status Active
MLS # 260008426
Price/Sq Ft $437

Property History

Jul 01, 2026
Listed for sale
$440,000
Property Overview
Baths 1.0
Sq. Ft. 1,008
Lot Size 0.28 acres
Stories 1
Year Built 1976
Property Type Single Family Residence
Subdivision Rancho Estates
STR Jurisdiction Douglas County
APN 122016210066
Parking
Garage Spaces 1
Total Parking 4
Parking Features Additional Parking, Attached, Garage, Garage Door Opener, RV Access/Parking
Attached Garage Yes
Exterior & Lot
Exterior Features None
Lot Features Landscaped, Level, Sprinklers In Front, Sprinklers In Rear
View Mountain(s)
Roof Asphalt, Pitched
Foundation Slab
Utilities & Systems
Heating Baseboard, Electric
Cooling Evaporative Cooling
Financial
Annual Tax $1,154
Schools
Elementary School Meneley
Middle School Carson Valley
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% ($88,000)
Home price
$440,000
Loan details
30-yr fixed, 6.5%
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Kristina Mattson
Kristina Mattson
Broker - Owner
CA 01950662 BS.0146479.MGR

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