$799,000 Active Under Contract
45 Madison Way
Smith Valley, NV 89430
STR Status Unknown
2 Beds
·
1.0 Baths
·
900 Sq Ft

About This Property

Discover the ideal setup for country living, equestrian use, or a multi-purpose rural retreat on this fully fenced 20.18-acre property in scenic Smith Valley, NV. Enjoy sweeping mountain and valley views from the comfortable 900 sq ft living area, featuring durable metal siding and a metal roof for low-maintenance living. There is plenty of space to build a larger residence. The property is perfectly equipped for horses with an arena, multiple stalls, and a large hay barn (12x36x15). A massive 3,200 sq ft shop with plumbing offers space for projects, storage, or business needs. Additional features include a full RV hookup with dump station, a 1,500-gallon septic system, and two owned 330-gallon propane tanks. The property is ideally located near BLM land and trails, offering endless opportunities for horseback riding, off-road adventures, and outdoor recreation. Water rights may be acquired, and the property already includes a setup for water delivery. Whether you're looking for a functional horse property, shop space, or off-grid potential, this one has the infrastructure in place to make it happen.

Listed by Jenny McQuain — Intero

Listing Details

Status Active Under Contract
MLS # 260000809
Days on Market 104
Price/Sq Ft $888

Property History

Jan 23, 2026
Listed for sale
$799,000
Current
Pending
$799,000
Property Overview
Beds 2
Baths 1.0
Sq. Ft. 900
Lot Size 20.18 acres
Stories 1
Year Built 2022
Property Type Single Family Residence
APN 010-081-34
Parking
Garage Spaces 2
Total Parking 2
Parking Features Attached, Garage, RV Access/Parking
Attached Garage Yes
Exterior & Lot
Exterior Features Fire Pit, RV Hookup
Lot Features Level
View Mountain(s), Trees/Woods, Valley
Roof Metal
Foundation Slab
Utilities & Systems
Heating Fireplace(s)
Financial
Annual Tax $3,926
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% ($159,800)
Home price
$799,000
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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