$725,000 Active
525 Main Street
Gerlach, NV 89412
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
4 Beds
·
3.5 Baths
·
3,119 Sq Ft

About This Property

Motivated Seller!! Bring All Offers!! Now Offered with 3 Commercial Lots - More Land, More Opportunity, and a New Lower Price! Welcome to an exceptional rural compound in the funkily friendly town of Gerlach, Nevada - the gateway to the legendary Black Rock Desert, home to 800,000 acres of wilderness and the world-famous Burning Man Festival. This distinctive residential/multi-use property sits on three contiguous General Commercial-zoned lots right on Main Street. Two of the lots are fully improved, including the main residence and garages, while the third is a vacant commercial parcel offering room for expansion or additional development. Located just 105 miles northeast of Reno in one of Nevada's tiniest cities, this is a truly one-of-a-kind opportunity to own a versatile, high-potential property in a region known for recreation, art, exploration, and raw beauty. The home features 4 bedrooms and 3.5 bathrooms, including a spacious primary suite with an oversized walk-in closet and attached craft/sewing/storage room. The updated, open-concept kitchen and living area includes a built-in western-style bar with sink, wine fridge, mini fridge, and ice maker - ideal for entertaining. Enjoy modern comfort with central heating and air conditioning, a newer roof, windows, flooring, and a long list of thoughtful updates throughout. One of the home's most unique features is the expansive, fenced western-themed backyard and patio, which incorporates the oldest building in Gerlach—now reimagined with a functional mining trough feeding a koi pond. This private, character-rich space is perfect for gatherings, weddings, BBQs, or even commercial events. Additional improvements include six garage bays—an oversized 3-car attached garage plus a detached garage/workshop/storage building, ideal for hobbyists or business use. Whether you're looking for a private residence, desert getaway, Airbnb, event venue, or commercial enterprise, this is the only GC-zoned property currently available on Gerlach's Main Street, and now includes an additional vacant commercial lot for even greater flexibility. With the price recently reduced, this property represents unmatched value and potential in a truly irreplaceable setting.

Listed by Morgan Nevin — Far West Real Estate LLC

Listing Details

Status Active
MLS # 240011082
Days on Market 616
Price/Sq Ft $232

Property History

Jan 19, 2026
Listed for sale
$725,000
Property Overview
Beds 4
Baths 3.5
Sq. Ft. 3,119
Lot Size 0.52 acres
Stories 1
Year Built 1979
Property Type Single Family Residence
APN 071-253-09
Parking
Garage Spaces 6
Total Parking 7
Parking Features Attached, Carport, Garage, Garage Door Opener
Attached Garage Yes
Exterior & Lot
Lot Features Landscaped, Level, Open Lot, Sprinklers In Front, Sprinklers In Rear
View Desert, Mountain(s)
Roof Composition, Pitched, Shingle
Foundation Crawl Space
Utilities & Systems
Heating ENERGY STAR Qualified Equipment, Forced Air, Propane
Cooling Central Air, ENERGY STAR Qualified Equipment, Refrigerated
Financial
Annual Tax $1,498
Schools
Elementary School Gerlach K-12
Middle School Gerlach K-12
High School Gerlach K-12
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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
Home insurance
$0
Estimate only — wildfire zone rates vary. Contact a local broker for an accurate quote.
Down payment
20% ($145,000)
Home price
$725,000
Loan details
30-yr fixed, 6.5%
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Murat Gocmen
Murat Gocmen
Managing Broker
CA DRE# 02235314 NV B.1003327.LLC

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