$525,000
Active
1120 Penelope Drive
Fallon, NV 89406
STR Status Unknown
3
Beds
·
2.0
Baths
·
1,892
Sq Ft
About This Property
This spacious home offers a park like yard that includes two full sized garages and a storage shed. Complete fencing, a garden space - great place for outdoor entertainment. Secluded RV parking. The high ceilings in the living room, accompanied by wide access to a country kitchen are encased by the outside wrap around porch. Ample storage. A must see property!
Listed by Donna Glazier — Berney Realty, LTD
Listing Details
Status
Active
MLS #
260011616
Days on Market
4
Price/Sq Ft
$277
Property History
Sep 09, 2026
Listed for sale
$525,000
Property Overview
Beds
3
Baths
2.0
Sq. Ft.
1,892
Lot Size
1.00 acres
Stories
1
Year Built
1997
Property Type
Single Family Residence
APN
008-312-32
Parking
Garage Spaces
2
Total Parking
10
Parking Features
Additional Parking, Attached, Detached, Garage, RV Access/Parking
Attached Garage
Yes
Exterior & Lot
Exterior Features
None
Lot Features
Level, Sprinklers In Front, Sprinklers In Rear
View
Mountain(s)
Construction
Stucco
Roof
Composition
Foundation
Crawl Space
Utilities & Systems
Heating
Natural Gas
Cooling
Central Air
Financial
Annual Tax
$2,208
Schools
Elementary School
E.C. Best
Middle School
Churchill
High School
Churchill
STR Investment Analysis
Permitted Zone
STRUCTURAL SCORE
Excellent
87
PROJECTED GROSS ANNUAL REVENUE
$118K – $167K
typically ~$142,500
~$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% ($105,000)
Home price
$525,000
Loan details
30-yr fixed, 6.5%
