$450,000 Active
456 Upper Colony Road
Smith Valley, NV 89444
STR Status Unknown

About This Property

Discover rural serenity on this nearly 40 acre vacant parcel in the heart of Smith Valley. The expansive property offers view of the surrounding ranch lands, creating a breathtaking backdrop for your dream estate, equestrian retreat, or small farm. The level terrain is ideally suited for building and offers plenty of space for a custom home, barns, or agricultural use. This land has 20 acres of decreed water rights from the Walker river and is zoned for 5 acre single family parcels. It has a well and septic on site with utilities available. Whether you envision a private ranch, off grid escape, or investment in Nevada's wide-open spaces, this property delivers privacy and natural beauty. Buyer to verify utilities, zoning and water rights to suit their intended use.

Listed by Allison Meetze — Engel & Volkers Lake Tahoe

Listing Details

Status Active
MLS # 250056277
Days on Market 253

Property History

Sep 25, 2025
Listed for sale
$450,000
Property Overview
Lot Size 39.68 acres
Property Type Land
APN 01019313
Exterior & Lot
Lot Features Level, Pasture
View Desert, Rural
Financial
Annual Tax $2,256
Schools
Elementary School Smith Valley
Middle School Smith Valley
High School Smith Valley
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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% ($90,000)
Home price
$450,000
Loan details
30-yr fixed, 6.5%
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Kristina Mattson
Kristina Mattson
Broker - Owner
CA 01950662
530.613.5207

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