1710 Monte Vista Ave - Future Mixed Use Monte Vista Apartments 3.72 Acres of Commercial Land Offered at $2,250,000 in Minden, NV 89423

The ±3.72-acre mixed use development land at 1710 Monte Vista Ave in Minden, NV is a well located development opportunity close to everything the Carson Valley has to offer. This land site has tentative plans for 54 multifamily/commercial units that would make it one of the first live/work development opportunities in the region. The current plans have 54 total units spread over 7 buildings. Douglas County has historically limited the amount of multifamily development in the past and there is high demand for this type of housing. It is located near Douglas High School, Carson Valley Inn Casino, Ironwood Drive and Highway 395. It is surrounded by the Winhaven residential community consisting of high-end custom single family homes and upper middle-class single-family homes.
The site is also located in the DDA which allows an affordable housing developer. The designation of a Difficult Development Area (DDA) is a significant benefit for affordable housing initiatives. It allows developers to receive larger federal tax credits through the Low Income Housing Tax Credit program, which helps bridge the funding gap created by high construction costs. This designation is particularly beneficial for those looking to build affordable rental properties in high-cost areas, as it provides financial incentives to encourage the construction of needed housing.
In 2025, Nevada’s Assembly Bill 241 was passed and allows for multifamily development on commercial land by requiring counties to adopt ordinances that authorize by-right multifamily housing developments or mixed-use developments that include residential use on commercial property. This legislation aims to address the state’s housing crisis by facilitating the repurposing of underutilized commercial properties into residential or mixed-use developments. The bill is directed towards the most populous counties, Clark and Washoe, and provides them with a deadline to adopt such ordinances. If a buyer purchases a commercial property and wishes to build multi-family housing on it, they could seek swift approval rather than go through a lengthy rezoning process. This could allow for a multifamily only development.
Housing is in demand in Minden, NV. The area is growing due to its strategic location just east of Carson City which is about a 22-minute drive to the State Capitol building, and a 27-minute drive to South Lake Tahoe. The Minden Valley is popular with both Reno and Carson City commuters. This site is located near the town center and offers convenient access to local amenities like Minden Elementary School, shopping, dining, and parks, as well as recreational opportunities like Lake Tahoe and nearby trails.