$1,500,000
Active
700 N Hwy 395
Gardnerville, NV 89410
STR Status Unknown
About This Property
34.14 Acres with water rights. Property is in production with Alfalfa hay. Property runs along Hwy 395 from the Allerman Canal south to the Lahontan Fish Hatchery over 1350 feet. Property is zoned A-19., Property is approximately 1.5 miles south of the light at Hwy 395 and 7 11. Please view the property from the Highway. Do not disturb the workers or occupants. If you desire to walk the property an appointment with listing agent must be made
Listed by Ty Dodd — Coldwell Banker Select RE M
Listing Details
Status
Active
MLS #
250004349
Days on Market
426
Property History
Apr 05, 2025
Listed for sale
$1,500,000
Property Overview
Lot Size
34.14 acres
Property Type
Land
APN
1220-23-000-004
Exterior & Lot
Lot Features
Level, Open Lot
View
Mountain(s)
Financial
Annual Tax
$207
Schools
Elementary School
Gardnerville
Middle School
Carson Valley
High School
Douglas
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% ($300,000)
Home price
$1,500,000
Loan details
30-yr fixed, 6.5%
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