$379,900 Active
296 Fallen Leaf Lane
Fernley, NV 89408
STR Status Unknown
3 Beds
·
2.0 Baths
·
1,289 Sq Ft

About This Property

Welcome to 296 Fallen Leaf in Fernley, Nevada — a home that feels comfortable the moment you walk through the door. Beautiful mountain views, this well-maintained home is move-in ready and waiting for its next chapter. Inside, you'll find thoughtful updates throughout, including newer interior paint, an updated kitchen, refreshed bathrooms, new lighting, updated faucets, and a new microwave. The home also offers peace of mind with major system upgrades already completed, including a newer HVAC system and furnace (2021), new thermostat, and a new water heater installed in 2023. The kitchen comes fully equipped with the refrigerator, washer, and dryer included — making your move even easier. Additional features include hard-wired security cameras in both the front and back of the home. Step outside and imagine creating the backyard of your dreams. The landscaping is ready for your personal touch and vision, giving you the opportunity to design the perfect outdoor space for relaxing, entertaining, or gatherings. Homes that combine updates, comfort, mountain views, and a great neighborhood like this do not come around often. 296 Fallen Leaf is ready for you to move in and start making memories.

Listed by Katherine Gillespie — eXp Realty

Listing Details

Status Active
MLS # 260005895
Days on Market 1
Price/Sq Ft $295

Property History

May 12, 2026
Listed for sale
$379,900
Property Overview
Beds 3
Baths 2.0
Sq. Ft. 1,289
Lot Size 0.14 acres
Stories 1
Year Built 2004
Property Type Single Family Residence
Subdivision Desert Springs Ph 6
APN 020-763-23
Parking
Garage Spaces 2
Total Parking 2
Parking Features Attached, Garage, Garage Door Opener
Attached Garage Yes
Exterior & Lot
Exterior Features None
Lot Features Level, Sprinklers In Front, Sprinklers In Rear
View Mountain(s)
Roof Composition, Pitched, Shingle
Foundation Slab
Utilities & Systems
Heating Electric, Fireplace(s), Forced Air, Hot Water, Natural Gas
Cooling Central Air, Electric
Financial
Annual Tax $1,544
Schools
Elementary School East Valley
Middle School Silverland
High School Fernley
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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% ($75,980)
Home price
$379,900
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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