$224,000 Active
T21N R29E S17 N/A
Fallon, NV 89406
STR Status Unknown

About This Property

Exceptional opportunity to acquire approximately 640 acres of prime Nevada land located north of Fallon and just east of Highway 95. This expansive, contiguous parcel offers outstanding scale, privacy, and sweeping panoramic views of the surrounding mountain ranges and high desert landscape. Well-suited for recreational enjoyment, or long-term investment, this property provides flexibility for a wide range of potential uses. The terrain is predominantly level to gently rolling terrain. Larger acreage parcels of this size are increasingly scarce in the Fallon area, making this a strong candidate for land banking or phased development (subject to county approvals). Find yourself in this quiet, rural setting with uninterrupted open space and big Nevada skies. Whether you're looking to expand an existing operation, establish a private retreat, or secure a long-term investment asset, this property delivers both scale and opportunity. Buyer to verify all utilities, access, zoning, and development requirements.

Listed by Daniel McCreary — RE/MAX Traditions

Listing Details

Status Active
MLS # 260003172
Days on Market 77

Property History

Mar 20, 2026
Listed for sale
$224,000
Property Overview
Lot Size 640.00 acres
Property Type Land
APN 003-711-16
Exterior & Lot
Lot Features Adjoins BLM/BIA Land, Level
View Desert, Mountain(s)
Financial
Annual Tax $217
Schools
Elementary School Fallon/Other
Middle School Churchill
High School Churchill
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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% ($44,800)
Home price
$224,000
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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