$480,000 Active
155 Hazelnut Drive
Fernley, NV 89408
STR Status Unknown
4 Beds
·
2.5 Baths
·
2,472 Sq Ft

About This Property

Opportunity awaits in this spacious 4-bedroom, 2.5-bath home offering 2,472 square feet of living space and a strong blend of comfort, quality finishes, and value. Interior highlights include granite countertops, soft-close cabinetry, and wood flooring, while the stucco exterior and tile roof add timeless curb appeal. Priced below market to reflect needed repairs, including paint and carpet, this home gives buyers the chance to add their own finishing touches and build equity. The seller is offering a 5,000 flooring allowance to help make the updates even easier. Enjoy additional flexibility with a sunroom and a backyard greenhouse—perfect for relaxing, gardening, hobbies, or extra usable space. With generous square footage, desirable amenities, and room to customize, this property is an excellent opportunity for buyers looking for value and potential.

Listed by Kellie Flodman — Cardin Realty Pros

Listing Details

Status Active
MLS # 260009354
Days on Market 1
Price/Sq Ft $194

Property History

Jul 22, 2026
Listed for sale
$480,000
Property Overview
Beds 4
Baths 2.5
Sq. Ft. 2,472
Lot Size 0.16 acres
Stories 2
Year Built 2005
Property Type Single Family Residence
Subdivision Royal Oaks Estates Ph 2-2&3
APN 022-311-30
Parking
Garage Spaces 3
Total Parking 6
Parking Features Attached, Garage, Garage Door Opener
Attached Garage Yes
Exterior & Lot
Exterior Features Rain Gutters
Lot Features Adjoins BLM/BIA Land, Level, Sprinklers In Front
View Mountain(s)
Construction Stucco
Roof Tile
Foundation Slab
Utilities & Systems
Heating Forced Air, Natural Gas
Cooling Central Air
Financial
Annual Tax $2,185
HOA Fee $30 / Monthly
HOA / Community Terra West Management
Schools
Elementary School Cottonwood
Middle School Silverland
High School Fernley
HOA & Community
Community Amenities None
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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% ($96,000)
Home price
$480,000
Loan details
30-yr fixed, 6.5%
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