$165,000
Active Under Contract
21 Eloise Circle
Wellington, NV 89444
STR Status Unknown
About This Property
Experience the beauty of Smith Valley from this exceptional 5.05-acre parcel in the Schwake Ranch Estates. Perched on the bluff overlooking the Walker River, just off Artist View Road, this property offers an elevated setting with sweeping panoramic views of Smith Valley including the Sweetwater, Pinenut and Sierra Nevada Mountain Ranges. Imagine watching wildlife along the river, enjoying changing mountain views throughout the seasons, and taking in spectacular sunrises and sunsets from your own piece of Northern Nevada.
Listed by Melinda Knight — Coldwell Banker Select RE M
Listing Details
Status
Active Under Contract
MLS #
260011219
Days on Market
15
Property History
Aug 29, 2026
Listed for sale
$165,000
Sep 05, 2026
Pending
$165,000
Property Overview
Lot Size
5.05 acres
Property Type
Land
Subdivision
Schwake Estates
APN
010-321-24
Exterior & Lot
Lot Features
Corners Marked
Financial
Annual Tax
$877
Schools
Elementary School
Smith Valley
Middle School
Smith Valley
High School
Smith Valley
STR Investment Analysis
Permitted Zone
STRUCTURAL SCORE
Excellent
87
PROJECTED GROSS ANNUAL REVENUE
$118K – $167K
typically ~$142,500
~$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% ($33,000)
Home price
$165,000
Loan details
30-yr fixed, 6.5%
