$1,249,900 Active
20144 Lahontan Dam Road
Fallon, NV 89406
STR Status Unknown

About This Property

Incredible 260-Acre Mining, Resource & Development Opportunity Near Lake Lahontan Rare opportunity to own approximately 260 acres of private land with four adjoining gold and silver mining claims located within the Walker Lane Trend, a historically significant mineralized region in Nevada. Mining claims are filed through the Bureau of Land Management and have been surveyed and staked. Property features approximately 4,000 feet of exposed fault line extending into the private acreage. Available certified assay reports indicate mineralization, including approximately 0.26 ounces per ton gold (Au) and 18 ounces per ton silver (Ag) (buyer to verify all data and feasibility). In addition to mining potential, the property includes a large deposit of washed decorative rock and on-site gravel pit, offering potential for resource extraction or use in future development. The 260-acre parcel is partially subdivided and offers expansive views of Lake Lahontan, with proximity to recreational areas and access to multiple nearby beaches. Property borders state park land, enhancing privacy and natural surroundings. A community well is already in place, providing a valuable head start for future development or operational use. Included in the sale is a 3500 KW generator. This versatile property offers multiple potential uses, including mining, investment holding, resource extraction, recreational use, or large-scale development. Conveniently located near Silver Springs, Fernley, and Fallon, with access to growing Northern Nevada markets. APNs included: 006-142-10, 006-142-31, 006-142-32, 006-142-33, 006-142-09. Buyer and Buyer's Agent to verify all information, including mining claims, mineral values, zoning, utilities, development potential, and all property details.

Listed by Katherine Gillespie — eXp Realty

Listing Details

Status Active
MLS # 260005445
Days on Market 34

Property History

May 02, 2026
Listed for sale
$1,249,900
Property Overview
Lot Size 260.00 acres
Property Type Land
APN 006-142-09
Exterior & Lot
Lot Features Adjoins BLM/BIA Land, Adjoins Lake, Level, Open Lot, Sloped Up, Corners Marked
View Mountain(s)
Financial
Annual Tax $777
Schools
Elementary School Fernley
Middle School Fernley
High School Fernley
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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% ($249,980)
Home price
$1,249,900
Loan details
30-yr fixed, 6.5%
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Kristina Mattson
Kristina Mattson
Broker - Owner
CA 01950662

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