$2,950,000 Active
1097 Meadowlark Circle
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.
5 Beds
·
3.0 Baths
·
3,808 Sq Ft

About This Property

SIERRA VIEWS, WATER RIGHTS, HORSE RANCH WITH GOLF RESORT QUALITY 365 DAY ON DEMAND IRRIGATION AND TWO APNS FOR FUTURE EXPANSION AND ADDED VALUE Welcome to an incredibly rare Gardnerville equestrian estate where luxury living, usable land, and true water independence come together. Perfectly positioned on a premium corner lot, this property captures sweeping, unobstructed Sierra Nevada views from nearly every angle while offering the kind of infrastructure you almost never find. This is a fully renovated 5 bedroom, 3 bathroom, 4.54 acre ranch with high end finishes throughout including 3/4 " solid oak hardwood floors, new Andersen doors and windows wrapped in knotty alder trim, and a completely remodeled kitchen featuring custom cabinetry, quartz countertops, butcher block island, and all new appliances. Bathrooms have been elevated with floor to ceiling tile showers, heated floors, modern fixtures, and integrated LED lighting. Nearly every system has been upgraded including tankless water heater, electrical, drywall, lighting, paint, and more creating a true turnkey experience. What sets this property apart is the land and water. Rare water rights combined with golf resort quality irrigation deliver 365 day on demand water capability, supporting lush pasture conditions year round. The grounds are designed for function and beauty with over 175 mature trees creating privacy, shade, and a park like setting. Equestrian amenities are exceptional and built for serious use. Features include a 3 stall barn with tack room, hay barn, Series 60 round pen, Olympic size arena, racetrack surrounding a 3 acre pasture, and multiple gated access points for easy movement and flexibility across the property. Additional value includes owned solar, new presidential shingle roof, and two new AC and furnace systems for efficiency and peace of mind. Two separate APNs provide rare opportunity for additional development, expansion, or long term investment flexibility. This is not just a home, it is a legacy ranch offering land, water security, expansion potential, and unmatched Sierra views. Should the buyer wish to add fireplaces, two designated locations have already been thoughtfully prepared for installation at buyers expense. Schedule your private showing today.

Listed by Amanda Figoni — Ferrari-Lund Real Estate South

Listing Details

Status Active
MLS # 260005485
Days on Market 9
Price/Sq Ft $775

Property History

May 03, 2026
Listed for sale
$2,950,000
Property Overview
Beds 5
Baths 3.0
Sq. Ft. 3,808
Lot Size 4.54 acres
Stories 1
Year Built 1987
Property Type Single Family Residence
Subdivision Country Lane
APN 1220-20-001-013
Parking
Garage Spaces 3
Total Parking 8
Parking Features Additional Parking, Attached, Garage, Garage Door Opener, RV Access/Parking
Attached Garage Yes
Exterior & Lot
Exterior Features Rain Gutters
Lot Features Corner Lot, Landscaped, Level, Pasture, Sprinklers In Front, Sprinklers In Rear
View Mountain(s), Trees/Woods, Valley
Roof Composition, Pitched, Shingle
Foundation Crawl Space, Slab
Utilities & Systems
Heating Forced Air, Natural Gas, Radiant Floor
Cooling Central Air, Electric
Financial
Annual Tax $5,149
Schools
Elementary School Scarselli
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% ($590,000)
Home price
$2,950,000
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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