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    1929 Us-395 Gardnerville, NV 89410

    For Sale
    $2,800,000

    MULTI_FAMILY - Gardnerville, NV

    Property size:
    8,150 SF
    Lot size:
    1.23 Acres
    Days on Market:
    16
    Last Refresh:
    Dec 4 at 11:06 pm

    Property Features for 1929 Us-395

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Security features
    Security System
    Window features
    Vinyl Frames, Double Pane Windows, Window Coverings, Low Emissivity Windows
    Zoning
    General Comm
    Rooms
    Bathroom 8, Bathroom 7, Bathroom 9, Bathroom 5, Bathroom 4, Bathroom 1, Bathroom 3, Bathroom 6, Bathroom 2, Bathroom 10
    APN
    102229301003
    Parking
    31
    Parking features
    RV, Open, Assigned, Garage, Tandem
    Patio and Porch features
    Deck
    Interior features
    High Ceilings, Smart Thermostat
    Exterior features
    Multiple Entry Flat or Ramped, Rain Gutters
    Accessibility
    Accessible Approach with Ramp
    Appliances
    Water Softener Owned, Dishwasher, Disposal, Electric Oven, Electric Range, Microwave, Refrigerator, Washer
    Size
    8,150 SF
    Lot size
    1.23 Acres

    Utilities

    Utilities
    Cable Available
    Sewer type
    Septic Tank
    Heating system
    Electric (Heating), Forced Air, Varies by Unit (Heating), Propane (Heating)
    Cooling system
    Electric, Varies by Unit, Central Air
    Water source
    Well

    Building Details

    Year built
    1969
    Floors in Building
    2
    Number of units
    4
    Flooring type
    Carpet, Laminate
    Building materials
    Frame, Stucco
    Roof type
    Metal
    Additional Structures
    Storage

    RE/MAX Professionals (775) 345-3070 [email protected]

    Listing agent Katrina Karasawa (775) 997-3558 License #S.171551

    Listing date Nov 19, 2025

    MLS# 250057708 Listing URL

    Copyright © 2025 Northern Nevada Regional MLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Topaz Lake Retreat Investment Opportunity

    The Topaz Lake Retreat is an 8,150 sq.ft. standalone property overlooking Topaz Lake, offering panoramic water and mountain views. Situated on 1.23 acres with over 450 feet of Highway 395 frontage, this income-producing property is located just north of the Nevada/California border. The property has one of the only Short Term Rental Permits in the area. Originally built in 1969 and rebuilt/expanded in 1989, it has been improved in 2024/2025 and is currently operating as a short-term rental. The property includes new plumbing and electrical systems, new windows, new tankless water heaters, new cabinets and fixtures, and new appliances in every unit. It features 11 bedrooms, 6 bathrooms, 4 full kitchens plus a kitchenette. Each unit is furnished and includes granite islands/breakfast bars, laminate flooring, and a washer/dryer combo. The property offers 31 dedicated parking spaces for RVs, boats, and standard vehicles, along with gated long-term RV storage. Shared potable water, wastewater disposal, and fire protection systems are provided with the adjacent Best Western. This property is suitable for use as a corporate lodge, wellness retreat, boutique hospitality concept, or high-end vacation rental compound. It is fully fenced and secure, offering hospitality, retreat rental, corporate leasing, event hosting, or continued STR operations. The property has general commercial zoning.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Hotels

    Map

    City
    Gardnerville
    County
    Douglas
    State
    Nevada
    Longitude
    -119.549719
    Latitude
    38.698985

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    FAQs

    What type of property is this?
    Hotel - 8,150 sq.ft. property with lake views and income potential.
    Where is this hotel located?
    The property is located at 1929 Us-395 Gardnerville, NV.
    What is the asking price?
    The asking price for this property is $2,800,000.
    What are key features of this property?
    This property features: - Rare Short Term Rental Permit: Offering immediate income potential.; - High Income Potential: Multiple revenue streams including short-term rentals, corporate leasing, event hosting, and long-term RV storage.; - Completely Renovated: New plumbing, electrical, windows, tankless water heaters, cabinets, fixtures, and appliances in every unit (2024/2025).
    (775) 997-3558
    Request Owner's contact information
    1929 Us-395 Gardnerville, NV 89410
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    Gardnerville, NV 89410
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1929 Us-395 Gardnerville, NV 89410
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