$375,000 Active Under Contract
1372 Oreana Peak Court
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.
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About This Property

Wonderful buildable lot in the Blue Sky Subdivision in Fish Springs, Nevada. Located just east of Gardnerville, Fish Springs offers you mountain views, lots of blue sky and elbow room that makes Nevada so desirable. Build your dream home now or buy and build later., Conservation & drainage easement on property. Lower portion of property located in a flood zone. Buyer to verify to their satisfaction the cost and availability of any/all utilities including electricity, well, septic, propane, and the cost and ability to develop/build on property. Photos that depict property lines may not be accurate and are only approximate. Buyer to satisfy themselves to the property boundaries prior to close of escrow. Information listed on the MLS to be verified by buyer.

Listed by Gregory Cremeans — Sierra Choice Realty

Listing Details

Status Active Under Contract
MLS # 240010738
Days on Market 653

Property History

Aug 21, 2024
Listed for sale
$375,000
Current
Pending
$375,000
Property Overview
Lot Size 5.22 acres
Property Type Land
Subdivision Blue Sky
STR Jurisdiction Douglas County
APN 1221-04-001-028
Exterior & Lot
Lot Features Cul-De-Sac, Sloped Down
View Desert, Mountain(s)
Financial
Annual Tax $1,409
Schools
Elementary School Gardnerville
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% ($75,000)
Home price
$375,000
Loan details
30-yr fixed, 6.5%
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Kristina Mattson
Kristina Mattson
Broker - Owner
CA 01950662

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