$500,000
Active
9.3 Acres off of Highland Drive
Fallon, NV 89406
STR Status Unknown
About This Property
Development opportunity at Fallon Golf Course. 9.3 acres located off of Highland Dr. This property had an approved tentative map for 19 lots in 2006 but has since expired. Possible approval for 4 lots per acre. County water is located on Highland Drive & Country Club Drive & possible sewer close by. Purchase price includes 18 sewer hook up's. Prior PUD was called Vista Del Verde. County would prefer before giving too much information that all serious buyers call them with their development ideas., parcel numbers included in the purchase price are 008-391-52, 008-391-57, 010-352-27 and 010-352-30. Buyer to verify taxes.
Listed by Cari Norcutt — Berney Realty, LTD
Listing Details
Status
Active
MLS #
220003145
Days on Market
18
Property History
May 18, 2026
Listed for sale
$500,000
Property Overview
Lot Size
9.30 acres
Property Type
Land
APN
008-391-52
Exterior & Lot
Lot Features
Cul-De-Sac, Gentle Sloping, Level, On Golf Course, Corners Marked
View
Golf Course, Mountain(s)
Financial
Annual Tax
$2,900
Schools
Elementary School
Lahontan
Middle School
Churchill
High School
Churchill
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
From MLS listing data.
Home insurance
$0
Insurance estimate only — Tahoe wildfire-zone rates vary; get a local broker quote for accuracy.
Down payment
20% ($100,000)
Home price
$500,000
Loan details
30-yr fixed, 6.5%
Send a Message
Or call directly: 530.613.5207
