$94,700,000 Active
1300 Buckeye Road
Minden, NV 89423
✓ STR Allowed — Permit Required
Douglas County NV STR permit required. Check HOA rules — many communities in this area restrict short-term rentals.

About This Property

Buckeye Farms Neighborhood 2, 3, 4 and 5 has been approved by Douglas County for a Specific Plan allowing for 1,894 units including single family detached, multi-family, mixed use and commercial. Located in Downtown Minden and adjacent to Minden Elementary School. Property can be sold in bulk or by individual "Neighborhoods. Transfer Development Rights included in purchase price. Douglas County has purchased 57 acres on north side of property for the new Judicial Center. Excellent opportunity for Master Developer. Per the Specific Plan, each "Neighborhood" has designated future zoning and unit count. There is 200 acres of native pasture/open space on the perimeter of the development, pedestrian friendly access from Buckeye Farms to Minden Elementary School. Approved Specific Plan, Marketing Brochure and Development Agreement available upon request.

Listed by Michelle McGrath — 20 LINE Ventures LLC

Listing Details

Status Active
MLS # 240001494
Days on Market 842

Property History

Feb 14, 2024
Listed for sale
$94,700,000
Property Overview
Lot Size 606.00 acres
Property Type Land
Subdivision Heybourne Meadows
STR Jurisdiction Douglas County
APN 1320-28-000-051
Exterior & Lot
Lot Features Greenbelt, Level, Meadow, Open Lot, Pasture
View Meadow, Mountain(s), Rural, Valley
Financial
Annual Tax $6,105
Schools
Elementary School Minden
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
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% ($18,940,000)
Home price
$94,700,000
Loan details
30-yr fixed, 6.5%
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Kristina Mattson
Kristina Mattson
Broker - Owner
CA 01950662
530.613.5207

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