$250,000
Active
101 Oreana Peak Road
Smith Valley, NV 89444
STR Status Unknown
About This Property
The property is currently being farmed. The lot is being sold without any irrigation water rights or irrigation equipment. The underground water table may be higher in this part of Smith Valley. The seller believes some of the current alfalfa may continue to grow. Great building location with paved roadway.
Listed by Rex Hartwick — Far West Real Estate LLC
Listing Details
Status
Active
MLS #
260002223
Days on Market
96
Property History
Mar 01, 2026
Listed for sale
$250,000
Property Overview
Lot Size
20.77 acres
Property Type
Land
Subdivision
Simpson Colony Ph 1
APN
009-291-06
Exterior & Lot
Lot Features
Level
View
Desert, Meadow, Mountain(s), Valley
Financial
Annual Tax
$915
Schools
Elementary School
Smith Valley
Middle School
Smith Valley
High School
Smith Valley
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% ($50,000)
Home price
$250,000
Loan details
30-yr fixed, 6.5%
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