$169,000 Active Under Contract
APN 01565101
Silver Springs, NV 89429
STR Status Unknown

About This Property

MOTIVATED SELLER! 155+ acres available with opportunities galore! Bordered on three sides by BLM or Lahontan State Park land. The parcel could be a likely candidate for a 17-20 Megawatt Solar Farm, or a homestead for those seeking solitude. Attention solar companies: see the attached summary report entitled "Grid-Connected System: Simulation parameters", completed in 2014. The complete report is available to qualified principals. Seller may carry. Buyer/Buyer's agent to verify all info contained herein., MOTIVATED SELLER! Would make for a grand home/horse estate with Lahontan views. Per Lyon County - each residential parcel over an acre has the rights to drill 1 domestic well. Section 1, and 1c document the rights. 2 acre-foot = 651702 gallons (US) / 54,308 gallons per month. Per Seller: "I believe I'm given the rights to 2 acre feet." Directions: High-clearance or 4-WD vehicle recommended. US Hwy 50 west from Alt 95 for 9.6 miles; turn right (south) at (Cadet Rd.) Lahontan River Campground. Approx. ¼ mile from Hwy 50 proceed to Lahontan Dam Rd. on the left, which is a dirt road. Proceed for approximately 7.3 miles to second fork in the road. You will pass a hand painted "Dun Movin" Way hand-painted sign on the right (at this point you are about two-thirds of the way to the site). Continue on Lahontan Dam Rd. Turn right at fork (marked with oversize tractor tire) and proceed for .3 miles to subject property. Contact the marketing agent with questions.

Listed by John Mike Ramos — Coldwell Banker Select Reno

Listing Details

Status Active Under Contract
MLS # 240011269
Days on Market 644

Property History

Aug 30, 2024
Listed for sale
$169,000
Current
Pending
$169,000
Property Overview
Lot Size 155.83 acres
Property Type Land
APN 015-651-01
Exterior & Lot
Lot Features Adjoins BLM/BIA Land, Gentle Sloping, Open Lot, Desert
View Desert, Mountain(s)
Financial
Annual Tax $154
Schools
Elementary School Silver Springs
Middle School Silver Stage (Lyon)
High School Silver Springs
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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% ($33,800)
Home price
$169,000
Loan details
30-yr fixed, 6.5%
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Kristina Mattson
Kristina Mattson
Broker - Owner
CA 01950662

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