$195,000
Active
48 Burke Drive
Wellington, NV 89444
STR Status Unknown
About This Property
Build your custom homestead in beautiful Smith Valley! Located at 48 Burke Dr, Wellington, NV, this vacant land parcel features sweeping mountain and valley views overlooking beautiful green pastures of the ranch across the way, in a serene wide-open rural setting. Free from restrictive HOAs, this property is perfect for horse lovers, outdoor enthusiasts, or anyone wanting privacy and space. Bring your blueprints and build the rural lifestyle you've been dreaming of!
Listed by Erika Bruun-Andersen — Coldwell Banker Select Reno
Listing Details
Status
Active
MLS #
260012001
Days on Market
5
Property History
Sep 17, 2026
Listed for sale
$195,000
Property Overview
Lot Size
18.19 acres
Property Type
Land
APN
010-211-18
Exterior & Lot
Lot Features
Level
View
Mountain(s), Rural, Valley
Financial
Annual Tax
$1,238
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% ($39,000)
Home price
$195,000
Loan details
30-yr fixed, 6.5%
