$2,100,000
Active
2673 NV-208 Highway
Smith Valley, NV 89444
STR Status Unknown
About This Property
3 large parcels for sale: 58.80 acres, 40.25 acres, and 40.42 acres plus a large hay barn. All are in alfalfa hay production. Surface and underground water rights included in purchase price. Large AG well supplies the underground water. Underground pipes transport the surface and well water to each lot to flood irrigate. Beautiful spot in Smith Valley with views in every direction! New bill that passed may have some tax benefits for land in farm production!
Listed by Lorilyn Chitwood — Chase International-Gardnerville
Listing Details
Status
Active
MLS #
250050401
Days on Market
376
Property History
May 25, 2025
Listed for sale
$2,100,000
Property Overview
Lot Size
139.47 acres
Property Type
Land
APN
01068109 01068108 01068109
Exterior & Lot
Lot Features
Level, Pasture
View
Meadow, Mountain(s), Rural, Trees/Woods
Financial
Annual Tax
$7,236
Schools
Elementary School
Smith
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% ($420,000)
Home price
$2,100,000
Loan details
30-yr fixed, 6.5%
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Or call directly: 530.613.5207
