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1461 Foothill
Gardnerville, NV 89410
Morgan Ranch · Land For Sale · 141.98 AC

INVESTMENT HIGHLIGHTS

  • 141 acre Hay and Pasture ranch with surface and subirrigation water rights.
  • 15 minutes to Lake Tahoe, 45 minutes to Reno International airport, 10 minutes to Costco and Trader Joes's.
  • Has 361-A ag-deferred status, Seller will lease pasture back for 2023 grazing season at $40,000/year
  • Beautiful guest home recently completed with lots of wood and Western highlights and feeling.
  • River water runs through the ranch.

PROPERTY FACTS

Property Type Land
Property Subtype Agricultural
Proposed Use Agricultural
Total Lot Size 141.98 AC
No. Stories 1
Cross Streets Laura Springs
Zoning A19

DESCRIPTION

Historic 141 acre Carson Valley ranch with newly completed fabulous 1400 sq.ft. guest dwelling. Ranch is nicely set up for pasture and hay production with water rights and very good subirrigation. Ideally located between Genoa and Kingsbury Grade offering quick and easy access to Lake Tahoe, 15 minutes or less, and Reno International Airport, approximately 45 – 50 minutes. Shopping, too, is but minutes away including Costco and Trader Joe’s. Views abound including valley views, Pine Nut views, and the Valley’s signature view, Job’s Peak. Property has a conservation easement in favor of Nevada Department of Natural Resources, Division of Water Resources and Douglas County which has been amended allowing for a home up to 4,000 square feet within an approximately 4 acre building envelope. 361-A lien to be assumed by buyer. Seller will rent back for 2023 grazing season at $40,000 for 120 head. 1031 Exchange cooperation is appreciated. A good opportunity to own a special Carson Valley property.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
1319-34-002-029
Land Assessment
$89,518
Improvements Assessment
$65,756
Total Assessment
$155,274
  • Listing ID: 23870457

  • Date on Market: 8/9/2021

  • Last Updated:

  • Address: 1461 Foothill, Gardnerville, NV 89410

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