$479,000 Active
240 Forest Hill Way
Gardnerville, NV 89460
✓ 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

Perched within the exclusive gated enclave of Jobs Peak Ranch, this exceptional homesite presents a rare opportunity to craft your custom retreat at the base of the Sierra Nevada Mountains. Set among mature Jeffrey Pines, Aspens, and Douglas Fir, the property showcases breathtaking views of Jobs Peak and the Sierra crest to the west, with sweeping panoramas of the Carson Valley and Pinenut Range to the east. A generous 19,324-square-foot building envelope provides ample flexibility to design a sprawling estate while still preserving privacy and harmony with the surrounding landscape. Protective CCRs safeguard the serenity and natural beauty of this luxury community. Experience the ideal blend of peaceful mountain living and everyday convenience—just minutes from the dining, shopping, and small-town charm of Minden, Gardnerville, and historic Genoa, all while enjoying Nevada's tax-friendly advantages. Outdoor enthusiasts will love being only 20 minutes from Heavenly and South Lake Tahoe, without the added complexity of TRPA building restrictions. Even more rare for west-side parcels, this homesite offers the ability to connect to public water, enhancing both value and ease of development. Create your legacy residence in one of Northern Nevada's most coveted settings, where privacy, scenery, and refined living come together seamlessly.

Listed by Amanda Moline — RE/MAX Realty Affiliates

Listing Details

Status Active
MLS # 260001074
Days on Market 126

Property History

Jan 30, 2026
Listed for sale
$479,000
Property Overview
Lot Size 2.26 acres
Property Type Land
Subdivision Jobs Peak Ranch
STR Jurisdiction Douglas County
APN 1219-22-001-027
Exterior & Lot
Lot Features Level, Sloped Up, Wooded
View Mountain(s), Rural, Trees/Woods, Valley
Financial
Annual Tax $2,387
HOA Fee $150 / Monthly
HOA / Community Jobs Peak
Schools
Elementary School Scarselli
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% ($95,800)
Home price
$479,000
Loan details
30-yr fixed, 6.5%
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Kristina Mattson
Kristina Mattson
Broker - Owner
CA 01950662

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