$550,000 Active
0 Terra Place
Winnemucca, NV 89445
STR Status Unknown

About This Property

TERRA PLACE: 16 LOTS OF 5+- ACRES EACH W/VIEWS Attention Builders! 16 recorded lots of 5+- acres each, on a newly mapped street, Terra Place. Accessed from E Thomas Canyon Road in Winnemucca/Grass Valley, at the base of the Sonoma Mountains. Zoned AG-5, allows house and various agricultural uses. Great lots for building homes and/or investment. Very easy to reach. This is the base of the Sonoma Mountain range, where the mountains come down to meet the valley floor in the northern Grass Valley area. The land is near flat on its west/south portion and slopes upward on its east/north portion. There are lots of homes scattered throughout the neighborhood--this is becoming an infill location. Very beautiful acreage and views of both mountains and the valley, and an easy drive into town. Property is located about 2 miles south of the Winnemucca city limits, and about 4 miles south of downtown Winnemucca. Terra Place is mapped, to be constructed by builder. Electricity is present near the west and south property lines. Well, septic, and propane gas are typical throughout the neighborhood. Winnemucca is located about 2 hours east of Reno along Interstate 80. Interstate 80 is one of America's most important roadways. The entire I-80 corridor through Nevada has awakened and is experiencing growth in recent years. Industry and jobs continue flocking to the area, there is huge potential here. Tax benefits are significant in Nevada and land costs are low, facts which are driving development and are expected to do so into the future. Winnemucca specifically is benefiting from an influx of mining (lithium, gold, etc.) and manufacturing jobs, which has created a housing shortage in recent years. Now may be an excellent time to invest in this area.

Listed by Robert Kennerson — Desert Acreage

Listing Details

Status Active
MLS # 250051554
Days on Market 356

Property History

Jun 14, 2025
Listed for sale
$550,000
Property Overview
Lot Size 81.04 acres
Property Type Land
APN 10-0501-14 through 10-0501-29
Exterior & Lot
Lot Features Gentle Sloping, Level, Sloped Up, Steep Slope, Corners Marked, Desert
View City, Desert, Mountain(s), Valley
Financial
Annual Tax $625
Schools
Elementary School Grass Valley Elementary
Middle School Winnemucca Junior High School
High School Albert Lowry High School
📊

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% ($110,000)
Home price
$550,000
Loan details
30-yr fixed, 6.5%
Request a Tour
Kristina Mattson
Kristina Mattson
Broker - Owner
CA 01950662

Send a Message

Or call directly: 530.613.5207