$249,000 Active
26 Valley View Drive
Wellington, NV 89444
STR Status Unknown

About This Property

Welcome to the heart of Smith Valley where you can enjoy rural small town living on this 45 acre hillside property. It sits just above the Saroni Canal overlooking the valleys beautiful green hay fields and greenbelt areas where the Walker River runs. The property is conveniently located close to local restaurants and the post office. Build your dream home and enjoy the breathtaking valley views and colorful NV Sunsets. Nearly unlimited opportunity for every kind of outdoor enthusiast. Backs to Govt Land., VIEWS are exceptional! Look out over the valley from this parcel. If you love water sports off-roading hiking skiing boating fishing animals or horseback riding come look at this property! You will be short distance drive to Topaz Lake and only about 40 minutes from Lake Tahoe and within about an hour of the Reno Tahoe International Airport! Bridge crossing over canal has been resurfaced, reinforced and new custom panels welded on to each side.

Listed by Amber Nuzum — Coldwell Banker Select RE M

Listing Details

Status Active
MLS # 230007725
Days on Market 1058

Property History

Jul 13, 2023
Listed for sale
$249,000
Property Overview
Lot Size 45.10 acres
Property Type Land
APN 010-661-13
Exterior & Lot
Lot Features Adjoins BLM/BIA Land, Open Lot, Sloped Up, Steep Slope, Corners Marked
View Mountain(s), Park/Greenbelt, Trees/Woods, Valley
Financial
Annual Tax $170
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% ($49,800)
Home price
$249,000
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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