$125,000
Active
0 Carol Way
Fernley, NV 89408
STR Status Unknown
About This Property
Fantastic 2 acre lot located close to shopping and restaurants in Fernley. Only 15 minutes to the Tahoe-Reno Industrial Center. RR-1 zoning allows for subdividing into 2 one acre lots(buyer to verify with Lyon County). Electricity is at the lot and a well and septic system are needed. Carol Way is a lovely, paved and tree-lined country road adjacent to the Truckee Canal, ensuring no rear neighbors and a private setting to build your dream home on this amazing piece of real estate!
Listed by John Arnold — Dickson Realty - Damonte Ranch
Listing Details
Status
Active
MLS #
260005148
Days on Market
38
Property History
Apr 28, 2026
Listed for sale
$125,000
Property Overview
Lot Size
2.00 acres
Property Type
Land
Subdivision
Western Ranchos Ph 1
APN
021-513-01
Exterior & Lot
Lot Features
Level, Open Lot
View
Mountain(s)
Utilities & Systems
Water Source
Truckee Canal adjacent
Financial
Annual Tax
$826
Schools
Elementary School
Fernley
Middle School
Fernley
High School
Fernley
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% ($25,000)
Home price
$125,000
Loan details
30-yr fixed, 6.5%
Send a Message
Or call directly: 530.613.5207
