$549,900 Active
98 Tolas Place
Fallon, NV 89406
STR Status Unknown
2 Beds
·
1.0 Baths
·
2,050 Sq Ft

About This Property

Discover a hidden gem in the heart of Fallon that has the perfect blend of enchanting charm, space, and opportunity with this extremely unique 2 bedroom, 1 bath home on a breathtakingly, water righted, landscaped property. Inside, you'll find a finished basement and 3 separate living and family room spaces, offering incredible flexibility for entertaining, working from home, hobbies, or multi-generational living. Outside, the private backyard is a true retreat featuring mature fruit producing trees, thriving raspberry bushes, bamboo, a tranquil fountain, and lush greenery that creates a peaceful oasis. With RV parking, abundant outside storage, valuable water rights, and multi-family zoning, this property offers endless possibilities for homeowners and investors alike. As an added bonus, the Seller is offering a 10,000 credit to help with closing costs, interest rate buy-down, or updates. Don't miss this rare opportunity to own a versatile property with privacy, character, and exceptional potential. A true gardeners dream!

Listed by Lauren Wilson — Rogne Realty, LTD.

Listing Details

Status Active
MLS # 260008362
Price/Sq Ft $268

Property History

Jun 30, 2026
Listed for sale
$549,900
Property Overview
Beds 2
Baths 1.0
Sq. Ft. 2,050
Lot Size 0.73 acres
Stories 1
Year Built 1959
Property Type Single Family Residence
APN 007-752-03
Parking
Total Parking 4
Parking Features RV Access/Parking
Exterior & Lot
Exterior Features Awning(s)
Lot Features Landscaped, Level, Sprinklers In Front
Construction Frame, Stone Veneer, Stucco
Roof Composition, Shingle
Foundation Raised, Slab
Utilities & Systems
Heating Forced Air, Natural Gas
Cooling Evaporative Cooling
Financial
Annual Tax $1,414
Schools
Elementary School Fallon/Other
Middle School Churchill
High School Churchill
📊

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% ($109,980)
Home price
$549,900
Loan details
30-yr fixed, 6.5%
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Kristina Mattson
Kristina Mattson
Broker - Owner
CA 01950662 BS.0146479.MGR

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