$399,000 $450,000 ↓ $51,000 reduced Active
1378 U.S. Hwy 395 Way
Gardnerville, NV 89410

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STR Status Unknown

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. Can go back to full commercial without residential. 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
MLS # 260002967
Days on Market 219

Property History

Mar 17, 2026
Listed for sale
$450,000
Jul 23, 2026
Price reduced
$399,000 $449,000 ↓ $50,000
Property Overview
Lot Size 1.66 acres
Property Type Land
APN 1220-04-101-029
Exterior & Lot
Lot Features Other
View Mountain(s)
Financial
Annual Tax $5,907
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

STR analysis
STRUCTURAL SCORE —
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PROJECTED GROSS ANNUAL REVENUE
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Avg Nightly
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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

$2,510 per month
Principal & interest
$2,018/mo
Property taxes
$492/mo
The seller's current bill, from the MLS: a Nevada bill doesn't reset when a home sells.
HOA dues
$0/mo
From MLS listing data.
Home insurance
$0/mo
Land — no home to insure, so no insurance estimate.
Down payment
20% ($79,800)
Home price
$399,000
Loan details
30-yr fixed, 6.5%
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