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$649,000
4 Beds 3 Baths 260001533 MLS
Rare Multi-Home Investment Opportunity with Water Rights Discover an exceptional investment property featuring three separate homes on one parcel, offering incredible flexibility and income potential. Whether you're looking to generate strong rental revenue, create a multi-generational living setup, or live in one home while renting the others, this property delivers. Set in a peaceful, natural setting, the land is rich with beautiful scenery and abundant wildlife, creating a serene atmosphere that tenants and owners alike will appreciate. Water rights are included, adding long-term value and opportunity for agricultural use, landscaping, or future enhancements. Each home provides its own sense of privacy while still being part of a cohesive property, making this a rare find for savvy investors or those seeking space, independence, and return on investment—all in one place. This is a unique opportunity to own a property that blends income potential, natural beauty, and lifestyle appeal. Homes are needing work. Corner parcel is also included in the sale parcel # 008-692-75. Seller Instructions: The seller will not consider or accept any offer submitted by a buyer whose agent has not personally viewed the property prior to submitting the offer. Buyer and buyer's agent are encouraged to conduct all desired inspections and due diligence. Buyers and buyer's agent to verify all information.

4755 Alcorn Rd, Fallon

$98,000
260000992 MLS
Grab your slice of untouched countryside and let your mind go wild out in Fallon, NV! 160 acres of untouched land is up for grabs and we would love to see you own it. Zoned to support 20-acre parcels, this property is the perfect candidate for subdivision with RR20 zoning, providing versatility in usage, ranging from agriculture, development, farming, and potentially an opportunity to grab a special use permit for mining, solar or geothermal adventures. You can maintain the full 160 acres for a private ranch/estate or divide it into smaller parcels for development down the road. The land offers both hilly and level topography, providing the exploratory adventure you may be looking for and privacy from every angle. Enjoy unobstructed 360-degree views of the Stillwater Mountains to the east and the Clan Alpine Range in the distance. You'll have views of the reservoirs (Lahontan and Sheckler) atop the lot and may even experience runoff streams in peek rain and snow seasons! The land is a beautiful tapestry of native sagebrush and desert grasses, providing a natural, low-maintenance landscape that captures the true spirit of Nevada. At such a low price per acre, you may just be ready to begin living the agricultural, farming or no-neighbor life in one of Nevada's ever-growing rural communities. Get your boots on and go explore! **The route to 160 acres of opportunity is provided in our photography and will require ground clearance or a 4x4.

16642 Power Line Rd, Fallon

$950,000
260000889 MLS
250' of Hwy Frontage with two entrances. Front half is zoned C2 back half C1, offering a variety of uses! 3 structures totaling over 3900 square feet, include the original house built in 1938 consisting of 1408 sqft. Complete with kitchen area, 2 bathrooms and plenty of storage. Building has original windows, doors and hardware providing a vintage feel. Second structure is a 720 sqft open spaced area. Add some shelving throughout to display your business items., The large shop is 1800 square feet with 20' plus high ceilings, insulated and sheet rocked, bathroom and concrete floors. Property has an additional two outbuildings for storage. Fully fenced and crossed fenced. Was the home of J&L Trailer Sales for several years. Sellers will consider LEASE OPTION or LEASE.

5040-5030 Reno Hwy, Fallon

$850,000
260000126 MLS
GREAT INVESTMENT OPPORTUNITY!! Cock & Bull Restaurant (closed) located right on 95 South with huge exposure to traffic. 3.82 acres, includes teardown house on separate parcel both zoned C1. The restaurant building is 7308, needs a rehab, roof damage. This listing contains two separate parcels being sold together. Parcel #00132102 (1350 S Taylor) and #00889102 (1400 S Taylor). 1400 S Taylor is not in the city limits and is a 2322 sqft home built in 1934 on 1.75 acres. It is on a septic tank and its water connection is tied into 1350 S Taylor. The total acreage of the two properties together is what is stated on the listing (3.82) . Fix the restaurant for great local supported income, and develop the rest of the 3.82 acres, maybe a storage or MH park?

1350 S Taylor St, Fallon

$1,175,000
9 Beds 3 Baths 250058922 MLS
Welcome to one of the most unique and storied properties out there! This breathtaking 9 bedroom 3 bathroom home offers unparalleled opportunity for multi-generational living, entrepreneurial operation or those seeking a legacy property with endless potential. Nestled on the banks of a serene river, the property is defined by it's beauty and potential. This expansive home provides plenty of room for family, guests or crew, all while offering peaceful views of the surrounding landscape. Property will convey with water rights. This property offers turn key cattle operation included extensive corrals and handling facilities making it ready for immediate livestock use or agricultural ventures. Adding to it's unique character, this property is famously known as formerly housing the performing elephants from the Nugget Casino, speaking to its sturdy construction and vast grounds. Schedule your private tour today!

15533 Fisherman Rd, Fallon

$40,000
250058157 MLS
Looking for wide open space and endless desert views? This secluded parcel is tucked away in the heart of the high desert perfect for anyone dreaming of privacy, adventure, and off-grid living. Enjoy breathtaking sunsets, star-filled night skies, and quiet surroundings far from the noise of the city. The property includes recorded easements, though legal access has not been fully confirmed and may require additional verification. There are no utilities in place, offering a true blank slate for your off-grid cabin, camping getaway, or long-term land investment. Whether you're a weekend explorer, land investor, or someone ready to carve out your own private retreat, this property offers incredible potential and natural beauty at an affordable price. Buyer to verify access, easements, zoning, and utility options before purchase.

00931102 Apn, Fallon

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Data last updated on 06/28/2017.

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Northern Nevada Regional MLS. Real estate listings held by brokerage firms other than owner of this page are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers.

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