$450,000
Active Under Contract
1378 U.S. Hwy 395 Way
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.
About This Property
Motivated seller—bring all offers! This prime lot in the heart of Carson Valley is zoned for mixed-use general commercial and residential development. Approved plans include a 15-unit apartment complex featuring two 3-bedroom/2-bath units, eleven 2-bedroom/1-bath units, and two 1-bedroom units. The commercial component consists of an approved 8,000 sq ft, two-story building, with a requirement that 25 percent of the total square footage be designated for commercial use. All plans are fully digitized and included in the purchase price.
Listed by Nick Philips — RE/MAX Realty Affiliates
Listing Details
Status
Active Under Contract
MLS #
260002967
Days on Market
80
Property History
Mar 17, 2026
Listed for sale
$450,000
Current
Pending
$450,000
Property Overview
Exterior & Lot
Lot Features
Other
View
Mountain(s)
Financial
Annual Tax
$5,907
Schools
Elementary School
Gardnerville
Middle School
Carson Valley
High School
Douglas
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% ($90,000)
Home price
$450,000
Loan details
30-yr fixed, 6.5%
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Or call directly: 530.613.5207
