$525,000 Active
1231 Manhattan Way
Gardnerville, NV 89460
✓ STR Allowed — Permit Required
Douglas County NV STR permit required. Check HOA rules — many communities in this area restrict short-term rentals.
4 Beds
·
2.0 Baths
·
1,392 Sq Ft

About This Property

Owner carry possible! Situated in a great neighborhood this charming single-level 4-bedroom, 2-bathroom home offers comfort, convenience, and incredible outdoor space with cherry and plumb trees, fire pit and horseshoe pits, perfect for families, entertainers, hobbyists, and those who love room to roam. Step inside to find a spacious and functional layout with a seamless flow between living, dining, and kitchen areas. With four generously sized bedrooms, there's space for everyone — whether you need guest rooms, a home office, or a creative studio. Outdoors is where this property truly shines. Sitting on a generous lot, it features fenced yard, ample parking for trailers and RVs, a rare and highly sought-after convenience. Bring all the toys with for this detached 20' x 36' garage providing plenty of space for vehicles, storage, or workshop use. Owner is willing to carry with 50% down at an 8% interest rate for qualified buyers.

Listed by Kaylin Culver — Re/Max Realty Today

Listing Details

Status Active
MLS # 250056972
Days on Market 209
Price/Sq Ft $377

Property History

Oct 13, 2025
Listed for sale
$525,000
Property Overview
Beds 4
Baths 2.0
Sq. Ft. 1,392
Lot Size 0.28 acres
Stories 1
Year Built 1975
Property Type Single Family Residence
Subdivision Rancho Estates
APN 1220-16-210-111
Parking
Garage Spaces 4
Total Parking 8
Parking Features Additional Parking, Detached, Garage, Garage Door Opener, RV Access/Parking
Attached Garage Yes
Exterior & Lot
Exterior Features Fire Pit
Lot Features Flag Lot, Landscaped, Level
View Mountain(s)
Construction Insulation - Batts, Insulation - Blown-In, Ducts Professionally Air-Sealed
Roof Composition, Shingle
Foundation Slab
Pool & Spa
Pool No
Utilities & Systems
Heating ENERGY STAR Qualified Equipment, Forced Air, Natural Gas
Financial
Annual Tax $1,266
Schools
Elementary School Meneley
Middle School Pau-Wa-Lu
High School Douglas
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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% ($105,000)
Home price
$525,000
Loan details
30-yr fixed, 6.5%
Request a Tour
Murat Gocmen
Murat Gocmen
Managing Broker
CA DRE# 02235314 NV B.1003327.LLC

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