Homes for sale - 50 N Canal DR Drive, Fernley, NV 89408

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Jacqueline Smith

jaci@smith775.com +1(775) 316-8153

$ 1,750,000

Est. payment | -/mo

3 Beds

2 Baths

1,104 SqFt

Save

$ 1,750,000

Est. payment | -/mo

Save

3 Beds

2 Baths

1,104 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,104 sqft

Price per Sqft $1,585

MLS Listing ID 250003111

Bedrooms 3

Full Baths 2

Year Built 1968

Annual Tax Amount $3,753

Lot Size 13.650 Acres

Acres 13.65

Lot Dimensions 13.65

Property Sub-Type Single Family Residence

Property Description

Location Location Location. With all the growth going on in this area, there is no better opportunity. 54+ feet of water rights that come with this property are highly coveted and the value of them alone make this a steal. Whether it's a hobby farm or transformed into a commercial enterprise (buyer to check with City on changing zoning) the options are endless. 700+ feet of frontage road on Hwy 95A., This property is located right along the heavily trafficked area of HWy 95 with an ample amount of frontage along the highway. The options are endless with this magnificent property. It is currently a working ranch, growing alfalfa and actively using the 54+ feet of water rights which convey with the property. This large parcel is home to a 1584 sf single family residence. 50 Canal rd is located on the main Artery just outside the heart of the City and provides loads of opportunity. 50 N Canal Rd is a rare opportunity in the heart of Fernley. Zoned RR1, this flat, 13.65acre residential development site is perfect for large 1 Ac lot, semi-custom homes. All utilities are currently in the street adjacent to the site. Mature trees dot the landscape and are an added feature for any new development. Conveniently located, the property fronts Alt 95 at Canal Rd and has quick access to Main Street off of Miller Lane. Please note, this property is recorded as 14.65 acres with the assessor's office. The sellers are in the process of removing approximately one acre (208x208) on the Northwest corner which has a manufactured home on it with its own fencing. This acre is NOT part of the sale and will be separated prior to close of escrow. Buyer and Buyers agent to verify all information to be accurate.

Location

State NV

County Lyon

Zoning RR!

Direction Hwy 95A

Rooms

Family Room None

Other Rooms None

Dining Room Separate Formal Room

Kitchen Built-In Dishwasher

Interior

Interior Features Walk-In Closet(s)

Heating Electric, Forced Air, Natural Gas

Cooling Electric

Flooring Tile

Fireplace No

Appliance Electric Cooktop

Laundry In Kitchen

Exterior

Exterior Feature Multiple Entry Flat or Ramped

Parking Features Attached, Garage

Garage Spaces 2.0

Pool None

Utilities Available Electricity Available, Natural Gas Available, Water Available

View Y/N Yes

View Desert, Mountain(s)

Roof Type Composition,Pitched,Shingle

Porch Patio

Total Parking Spaces 2

Garage Yes

Building

Lot Description Landscaped, Level, Open Lot, Sloped Up

Story 1

Foundation Crawl Space

Water Public

Structure Type Vinyl Siding

New Construction No

Schools

Elementary Schools Fernley

Middle Schools Fernley

High Schools Fernley

Others

Tax ID 0207206

Acceptable Financing 1031 Exchange, Cash, Conventional, VA Loan

Listing Terms 1031 Exchange, Cash, Conventional, VA Loan

Special Listing Condition Standard

Listed by Keller Williams Group One Inc.

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(775) 316-8153

jaci@smith775.com

50 N Canal DR Drive Fernley, NV 89408