$6,000,000 Active
71888 Smoke Creek Road
Gerlach, NV 89412
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.

About This Property

LUXURY PROPERTY AUCTION: 16-28 April. Accepting starting bids through 31 March. Starting bids expected at 2M+. Earn an incentive by 31 March. An incomparable desert sanctuary of nearly 400 acres commands the imagination from the moment the surrounding mountains come into view. Fred's Field occupies a private valley adjacent to the Black Rock Desert Conservation Area, where 447 acre-feet of fresh flowing spring water animates the land year-round. Panoramic views of the Buffalo, Selenite, and Granite Peak mountain ranges form a dramatic natural amphitheater, offering a rare sense of seclusion without sacrificing scale. The Black Rock Desert one of the most storied landscapes in the American West and home to the globally celebrated Burning Man Festival borders the property, lending cultural cachet alongside boundless recreational possibilities: hiking, mountain biking, land sailing, high-powered rocketry, hot springs soaking, astrophotography, and world-class stargazing. Squaw Creek Reservoir lies just ten minutes away, inviting fishing, kayaking, and paddleboarding. This is a singular Western legacy holding of unparalleled scope.

Listed by Keith Semerad — Key Realty LLC

Listing Details

Status Active
MLS # 260003183
Days on Market 77

Property History

Mar 20, 2026
Listed for sale
$6,000,000
Property Overview
Lot Size 397.00 acres
Property Type Land
STR Jurisdiction Washoe County
APN 071-180-05
Exterior & Lot
Lot Features Adjoins BLM/BIA Land, Corner Lot, Level, Open Lot
View Desert
Financial
Annual Tax $21,082
Schools
Elementary School Gerlach K-12
Middle School Gerlach K-12
High School Gerlach K-12
📊

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% ($1,200,000)
Home price
$6,000,000
Loan details
30-yr fixed, 6.5%
Request a Tour
Kristina Mattson
Kristina Mattson
Broker - Owner
CA 01950662
530.613.5207

Send a Message

By submitting, you agree to our Terms of Service and Privacy Policy and consent to being contacted by Kristina Mattson.

Or call directly: 530.613.5207