$424,000 Active

46 Mason Pass Road

Yerington, NV 89447

STR Status Unknown

3 Beds

2.0 Baths

1,540 Sq Ft

Virtual Tour

About This Property

Welcome home to rural living in Mason Valley near Yerington! This quiet location features beautiful sunsets, and mountain views from your front door. Experience wide-open space on this 10+ acre parcel that provides endless opportunities to make this land and home your own. The parcel has municipal water, electricity, a propane tank, and a septic tank installed within the last couple of years. The manufactured home is in the process of being converted to real property. This home is a former model and is like new featuring 3 bedrooms, 2 bathrooms, a dining room, a great room concept, and a separate laundry utility room. This home is pristine and move-in ready. It is built on a full perimeter foundation and pending conversion to real property, in process and will be completed at the close of escrow. The entry to the home off Mason Pass Road has an electronic gate. Don't miss this opportunity to live in a rural setting in Nevada!

Listed by Cheryl Haines — CalNeva Realty

Listing Details

Status Active

MLS # 260010959

Price/Sq Ft $275

Property History

Aug 24, 2026

Listed for sale

$424,000

Property Overview

Beds 3

Baths 2.0

Sq. Ft. 1,540

Lot Size 10.27 acres

Stories 1

Year Built 2026

Property Type Manufactured Home

APN 014-281-29

Parking

Total Parking 10

Parking Features None

Exterior & Lot

Exterior Features None

Lot Features Level

View Mountain(s)

Construction Fiber Cement

Roof Composition, Shingle

Foundation Full Perimeter

Utilities & Systems

Heating Forced Air, Propane

Cooling Central Air

Financial

Annual Tax $1,722

Schools

Elementary School Yerington

Middle School Yerington

High School Yerington

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STR Investment Analysis

See projected rental revenue, occupancy rates, and investment scores.

STR Investment Analysis

Permitted Zone

STRUCTURAL SCORE Excellent

PROJECTED GROSS ANNUAL REVENUE

$118K – $167K typically ~$142,500

~$11,875 per month

Avg Nightly

$485

Occupancy

68%

Cap Rate

5.2%

STR Investment Analysis

STRUCTURAL SCORE

PROJECTED GROSS ANNUAL REVENUE

Avg Nightly

Occupancy

Cap Rate

Est. NOI Net Operating Income = annual gross rental revenue minus operating expenses (cleaning, property management, taxes, insurance, HOA, utilities, maintenance, supplies) — but before mortgage payments.

We estimate it as NOI = Projected Annual Revenue × 40%, assuming ~60% of gross goes to operating expenses on a typical Tahoe STR.

NOI feeds the cap rate below: Cap Rate = NOI ÷ List Price.

Legal Occupancy

MONTHLY REVENUE

AVERAGE DAILY RATE

ADJUSTED OCCUPANCY

Estimates based on 2024-2025 comparable rental performance. Actual results vary.

Cost Segregation Tax Savings

Estimated first-year bonus depreciation savings

Estimated First-Year Tax Savings

via bonus depreciation

Land Value

Improvement Basis

5-Year Property (18%)

15-Year Property (10%)

Tax Bracket:

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

Property taxes

HOA dues

From MLS listing data.

Home insurance

Insurance estimate only — Tahoe wildfire-zone rates vary; get a local broker quote for accuracy.

Down payment

20% ($84,800)

Home price

$424,000

Loan details

30-yr fixed, 6.5%

Start Time

End Time

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