$1,500,000 Active
18520 State Route 290
Paradise Valley, NV 89426
STR Status Unknown
2 Beds
·
2.5 Baths
·
1,712 Sq Ft

About This Property

Discover a rare opportunity to own a truly unique property in the historic ranching community of Paradise Valley, Nevada. Set on 17.39 fully fenced and gated acres at the base of the Santa Rosa Mountain Range, this barndominium style structure is ready for a new owner with vision and the desire to complete a remarkable work in progress—whether as a primary residence, retreat, or multi use homestead. The impressive 5,400 sq ft red iron steel building houses a framed in 1,712 sq ft residence currently estimated at 30-40 percent complete. The seller is offering the property As Is, including all construction materials presently on site intended for finishing the residence. Above the living area, a spacious loft—also 1,712 sq ft—provides excellent potential for expanded living space, office use, or generous storage. The steel structure features 16' eaves, a 12'x12' and 14'x14' roll up door with openers, three man doors, two propane shop heaters, LED lighting, full insulation, multiple 220 and 110 outlets inside and out, and a 6" reinforced concrete slab designed to support heavy vehicles and equipment. The shop area offers approximately 3,688 sq ft of versatile workspace, with additional exterior security lighting illuminating the driveway and compound. The main compound surrounding the barndominium reflects years of thoughtful planning and care. A looping driveway is lined with a variety of trees and shrubs on an automated drip system, complemented by several frost free faucets placed throughout for easy water access. Multiple auxiliary buildings enhance the functionality of the property, including a toy garage, pump house, storage shed, greenhouse, open faced equipment shed, and a multi use building with power and heat—ideal for storage, a bunkhouse, or a she shed. A three tank fuel station, which is negotiable, provides on site fueling for vehicles and equipment, eliminating long trips to town. Two RV hookups with a large concrete pad offer additional convenience for guests, recreation, or extra parking. Prior to close of escrow, the seller will install a new well on the subject property, replacing reliance on the neighboring parcel's well. Beyond the compound lies a large pasture area suitable for animals, offering ample space to create the rural lifestyle you envision. Paradise Valley is known for its quiet charm, sweeping landscapes, and rich ranching heritage. While the property feels wonderfully secluded, it is only about 45 minutes from Winnemucca, where you'll find county services, medical and dental care, shopping, dining, entertainment, and more. Outdoor enthusiasts will appreciate immediate access to hiking, mountain biking, hunting, rock hounding, ATV riding, camping, and countless wilderness adventures just minutes from the front door. This property offers an exceptional foundation with endless potential—ready for someone to bring their vision to life in one of Nevada's most scenic and storied communities.

Listed by Michael Andrews — RE/MAX Great Basin Realty

Listing Details

Status Active
MLS # 260003936
Days on Market 34
Price/Sq Ft $876

Property History

Apr 04, 2026
Listed for sale
$1,500,000
Property Overview
Beds 2
Baths 2.5
Sq. Ft. 1,712
Lot Size 17.39 acres
Stories 1
Year Built 2024
Property Type Single Family Residence
APN 04-0421-05
Parking
Garage Spaces 9
Total Parking 9
Parking Features Attached, Garage, Garage Door Opener, Heated Garage, Parking Pad, RV Access/Parking
Attached Garage Yes
Exterior & Lot
Exterior Features RV Hookup
Lot Features Corner Lot, Landscaped, Level, Pasture
View Mountain(s)
Construction Steel Frame, Other
Roof Metal
Foundation Slab
Utilities & Systems
Heating None
Financial
Annual Tax $2,442
Schools
Elementary School Out of Area
Middle School Out Of Area
High School Albert Lowry High School
📊

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% ($300,000)
Home price
$1,500,000
Loan details
30-yr fixed, 6.5%
Request a Tour
Murat Gocmen
Murat Gocmen
Managing Broker
CA DRE# 02235314 NV B.1003327.LLC

Send a Message

Or call directly: (530) 317-0373