$2,499,000 Active Under Contract
250 Olson Ranch Road
Wellington, NV 89430
STR Status Unknown
3 Beds
·
2.5 Baths
·
3,254 Sq Ft

About This Property

Tranquility awaits you! This oasis in the desert has Walker River frontage! The Walker River has some of the best fishing in Northern Nevada. 76 acres of space, water rights, 2 homes, shop, barn, and fenced pastures. All waiting for you! 35 minutes from Gardnerville and about an hour to Lake Tahoe. Shopping and medical about 15-20 minutes away. Pinenut and Sweet Water mountain ranges are absolutely breath taking as the backdrop or the landscape to your view., There is a concrete RV pad with water and sewer dump available at the main house. The 6 car plus shop/garage/workshop can house all of your toys and then some. Constructed with a 12ft and a 16ft roll up door, house your RV or horse trailer all year around. The home is wired with a Generac generator. Added to the property is a 3-bedroom, 2-bathroom log sided, personal property, manufactured home with brand new carpet. It does sit on a permanent foundation, it's perfect for guests, in-laws, a caretaker or Airbnb. The brand new, 8 stall, raised aisle MD barn, complete with wash rack, hot and cold water, sink, electricity, Nelson waterers, enclosed tack/feed room and completely matted, is ready for your 4-legged friends. One stall wall can be moved to create a foaling stall. Around the barn is fenced and ready to use! Irrigate your pastures, grow and produce your own feed for a self-sustaining farm. Water storage rights convey. Graze your livestock in the cross fenced 7-acre pasture where you can view them from your front window. This creates a little heaven on earth for livestock fanciers! Kubota Tractor and John Deere mower available outside of escrow as personal property. There are currently cattle grazing on one pasture. The cattle and panels do not convey. Their current owner would be interested in leasing pasture from new owners. Adjacent property is in a conservancy.

Listed by Barbara Rainey — Coldwell Banker Select RE CC

Listing Details

Status Active Under Contract
MLS # 240005871
Days on Market 738
Price/Sq Ft $768

Property History

Nov 04, 2025
Listed for sale
$2,499,000
Current
Pending
$2,499,000
Property Overview
Beds 3
Baths 2.5
Sq. Ft. 3,254
Lot Size 76.56 acres
Stories 2
Year Built 2001
Property Type Single Family Residence
APN 010-441-26
Parking
Parking Features RV Access/Parking
Exterior & Lot
Lot Features Landscaped, Level, Open Lot, Sloped Up, Sprinklers In Front
View Desert, Mountain(s), Valley
Construction Log
Roof Composition, Pitched, Shingle
Foundation Crawl Space
Utilities & Systems
Heating Forced Air, Propane
Cooling Central Air, Refrigerated
Financial
Annual Tax $10,433
Schools
Elementary School Smith
Middle School Smith Valley
High School Smith Valley
HOA & Community
Community Amenities None
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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
Home insurance
$0
Estimate only — wildfire zone rates vary. Contact a local broker for an accurate quote.
Down payment
20% ($499,800)
Home price
$2,499,000
Loan details
30-yr fixed, 6.5%
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Murat Gocmen
Murat Gocmen
Managing Broker
CA DRE# 02235314 NV B.1003327.LLC

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