$975,000 Active
540 Upper Colony Road
Wellington, NV 89444
STR Status Unknown
5 Beds
·
3.0 Baths
·
1,768 Sq Ft

About This Property

VA ASSUMABLE LOAN under 3 percent! Meticulously maintained and fully fenced gentleman's ranch has picturesque views, stunning landscapes, and beautiful home. This 5-acre property truly has it all! With 20 acre feet of deeded water rights, the 3.5 acres of alfalfa in production produce an average of 3 cuts per year. To accompany the hay, there is a metal barn that will fit about 240 bales. The horse corral features multiple pens and a 12x12 covered shelter, along with cattle holding and loading shoots. There's a tack shed with power and a wash station for horses with a concrete pad. To make life easier, a trailer and semi-truck can fully drive around the entire property and fill up using either the 250 gallon gas fuel tank or 300 gallon diesel fuel tank. If you need extra storage, the 10x20 metal garage is a perfect place for a workshop. When not working, enjoy the wrap around covered patio where you can watch the sun rise from the front of the house, and the sun set in the backyard. Summer nights can be enjoyed by the firepit. Inside you'll be welcomed with a cozy 5 bedroom, 3 full bathroom home that is updated, clean, and move in ready. Additional notes: 50 year roof with transferable warranty installed 1 year ago, exterior paint 2 years ago, chicken coop can convey, TVs and wall mounts can stay, electrical box on site if buyer wants to build an ADU, shop, garage, etc. Seller has an ASSUMABLE VA Loan, inquire with listing agent on details.

Listed by Kaycee Summers — Dickson Realty - Gardnerville

Listing Details

Status Active
MLS # 260004049
Days on Market 30
Price/Sq Ft $551

Property History

Apr 07, 2026
Listed for sale
$975,000
Property Overview
Beds 5
Baths 3.0
Sq. Ft. 1,768
Lot Size 5.00 acres
Stories 1
Year Built 2000
Property Type Single Family Residence
Subdivision Vgr Estates
APN 009-191-08
Parking
Garage Spaces 2
Total Parking 10
Parking Features Additional Parking, Attached, Garage, Garage Door Opener, Parking Pad, RV Access/Parking
Attached Garage Yes
Exterior & Lot
Exterior Features Fire Pit, Rain Gutters, RV Hookup
Lot Features Flag Lot, Gentle Sloping, Landscaped, Level, Pasture, Sprinklers In Front, Sprinklers In Rear
View Mountain(s), Trees/Woods
Roof Composition, Pitched
Foundation Crawl Space
Utilities & Systems
Heating Forced Air, Natural Gas
Cooling Central Air
Water Source Irrigation Canal
Financial
Annual Tax $2,114
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
Home insurance
$0
Estimate only — wildfire zone rates vary. Contact a local broker for an accurate quote.
Down payment
20% ($195,000)
Home price
$975,000
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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