$389,000 Active
651 Highway 208
Yerington, NV 89447
STR Status Unknown
3 Beds
·
2.0 Baths
·
1,424 Sq Ft

About This Property

Escape to the peaceful Nevada countryside with this charming rustic-style home on 2.03 acres, just 10 minutes from Yerington. Offering 1,424 square feet, this 3-bedroom, 2-bath home is full of warmth, character, and country charm. The inviting family room features beautiful wood paneling and a cozy gas fireplace, creating the perfect place to gather on cool evenings. An unpermitted bonus space is currently being used as the primary bedroom, offering additional flexibility for a variety of uses to fit your needs. Outside, the property is thoughtfully set up for country living with a garden area, mature fruit trees, room for chickens, a pen for pigs or goats, and a separate pasture—ideal for anyone dreaming of a small homestead or simply wanting room to enjoy the outdoors. A detached garage provides additional storage and parking. Rich in local history, this property is also the site of the original Mason Valley schoolhouse, adding a unique story and sense of place that is rarely found. Whether you're looking to grow your own food, raise a few animals, or simply enjoy peaceful rural living with the convenience of being just minutes from town, this special property offers the best of both worlds.

Listed by Katrina Frizzell — Ferrari-Lund Real Estate Reno

Listing Details

Status Active
MLS # 260009123
Price/Sq Ft $273

Property History

Jul 17, 2026
Listed for sale
$389,000
Property Overview
Beds 3
Baths 2.0
Sq. Ft. 1,424
Lot Size 2.03 acres
Stories 1
Year Built 1967
Property Type Single Family Residence
APN 012-321-06
Parking
Garage Spaces 1
Total Parking 5
Parking Features Detached, Garage
Attached Garage Yes
Exterior & Lot
Exterior Features Rain Gutters
Lot Features Level
View Mountain(s)
Roof Composition
Foundation Crawl Space, Slab
Utilities & Systems
Heating Baseboard
Cooling Evaporative Cooling
Financial
Annual Tax $1,081
Schools
Elementary School Yerington
Middle School Yerington
High School Yerington
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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% ($77,800)
Home price
$389,000
Loan details
30-yr fixed, 6.5%
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