$1,290,000 Active Under Contract
1238 Centerville Lane
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.
3 Beds
·
2.0 Baths
·
2,216 Sq Ft

About This Property

Tucked away on Centerville Ln, but close to all amenities, this one-of-a-kind, former wedding venue property is the kind of place you don't stumble across twice. Inside, you'll love the bright, fully remodeled kitchen, new flooring throughout, and new windows that frame the scenery like artwork. Step outside and it gets even better. The grounds are a destination in themselves, anchored by magnificent koi ponds and flowing water falls, a relaxing gazebo overlooking the ponds, and a newly built bar designed for unforgettable gatherings. Whether you're hosting sunset cocktails, milestone celebrations, or envisioning an incredible wedding venue, this property is built to impress. For the outdoor enthusiast, you'll find room for horses, a large garden with raised beds, mature trees, to include a variety of fruit bearing trees such as plum, peach, pear, nectarine, apple and more, plus water rights that add real value and flexibility. And yes, you can actually swim in the ponds, including one that's over 10 feet deep. Also on the property is an additional 4 car garage/shop with a bonus room atop for all your extra hobbies or interests. The views are the showstopper! Wide open Sierra panoramas with Job's Peak standing tall in the distance. All of this in a prime Northern Nevada location with easy access to Lake Tahoe, hiking, skiing, golf, dining, and shopping throughout the Carson Valley, Carson City, Reno, and the Tahoe corridor. And don't forget about Nevada's tax-friendly lifestyle.

Listed by Darrell Johnson — Intero

Listing Details

Status Active Under Contract
MLS # 260000815
Days on Market 104
Price/Sq Ft $582

Property History

Mar 27, 2026
Listed for sale
$1,290,000
Current
Pending
$1,290,000
Property Overview
Beds 3
Baths 2.0
Sq. Ft. 2,216
Lot Size 3.22 acres
Stories 1
Year Built 1989
Property Type Single Family Residence
APN 1220-09-301-002
Parking
Garage Spaces 4
Total Parking 4
Parking Features Attached, Garage, RV Access/Parking
Attached Garage Yes
Exterior & Lot
Exterior Features Awning(s), Dog Run, Rain Gutters
Lot Features Landscaped, Level, Pasture, Sprinklers In Front, Sprinklers In Rear
View Mountain(s), Valley
Roof Composition, Pitched, Shingle
Foundation Crawl Space
Utilities & Systems
Heating Fireplace(s), Forced Air, Natural Gas
Cooling Central Air
Financial
Annual Tax $2,552
Schools
Elementary School Gardnerville
Middle School Carson Valley
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% ($258,000)
Home price
$1,290,000
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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