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Short-Term Rental Retreat
For Sale
$2,400,000

1929 US-395, Gardnerville, NV 89410

MULTI_FAMILY - Gardnerville, NV

Property Size8,150 SF
Lot Size1.23 Acres
Price / SF$294.48
Days on Market285

Property Features for 1929 US-395

General Information

Property type Residential Multi Family
Property subtype Other
Zoning General Comm
Bedrooms 9
Bathrooms 10
Full bathrooms 10
Rooms Bedroom 1, Bedroom 9, Bedroom 7, Bedroom 3, Bedroom 2, Bathroom 5, Bathroom 9, Bedroom 6, Bedroom 8, Bathroom 1, Bathroom 6, Bedroom 5, Bathroom 10, Bathroom 2, Bathroom 7, Bathroom 8, Bathroom 4, Bathroom 3, Bedroom 4
Parking 31
Parking features Tandem, Open, RV, Assigned, Garage
Security features Security System
Window features Low Emissivity Windows, Window Coverings, Vinyl Frames, Double Pane Windows
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
Lot features Corner Lot, Level, Sloped Down
Elementary school Minden
Middle school Pau-Wa-Lu
High school Douglas
Standard status Active
APN 1022-29-301-003
Size 8,150 SF
Lot size 1.23 Acres

Taxes and HOA fees

Tax Annual Amount 6847

Utilities

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

Building Details

Year built 1969
Floors in Building 2
Number of units 4
Flooring type Laminate, Carpet
Building materials Frame, Stucco
Roof type Metal
Additional Structures Storage
Listing Agency: RE/MAX Professionals-Reno · RE/MAX International
Listed By: Katrina Karasawa · License #S.171551
Added: Oct 29, 2025 Changed: Jul 2 Last Checked: Aug 9 at 8:06AM
MLS# 250057708

Copyright © 2026 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.

Investment Insights

Based on property information with market context.

Topaz Lake Retreat is a standalone destination property totaling 8,150 square feet on 1.23 acres, originally built in 1969 and rebuilt/expanded in 1989 (per the Douglas County Assessor). It is operating as a short-term rental and has been improved in 2024/2025, including new plumbing and electrical, new windows, new tankless water heaters, and new cabinets, fixtures, and appliances in every unit. The property is configured with 11 bedrooms, 6 bathrooms, and four full kitchens plus an additional kitchenette. Units are furnished and include new granite islands/breakfast bars, laminate flooring, and washer/dryer (combo) units in every unit.

Located at 1929 US-395 in Gardnerville, Nevada, the property offers over 450 feet of Highway 395 frontage with high visibility. It sits just north of the Nevada/California border and provides unobstructed views of Topaz Lake. The property is fully fenced and secure. A portion of the utilities is shared with the adjacent Best Western, including potable water, wastewater disposal, and fire protection systems.

With a noted short-term rental permit in the area, the retreat supports a furnished hospitality-oriented layout that can also fit corporate lodge, wellness retreat, boutique hospitality, event-style hosting, or continued short-term rental use. Parking is substantial, with 31 dedicated spaces for RV, boat, and standard vehicles, plus gated long-term RV storage. The property’s General Comm zoning offers flexibility for an owner-operator or hospitality-focused buyer seeking a turnkey, updated operation.

Key Highlights

  • 8,150 SF standalone Topaz Lake destination property on 1.23 acres with 450+ ft of frontage on Hwy 395.
  • Rebuilt/expanded in 1989 (per Douglas County Assessor); originally built in 1969.
  • Short‑term rental permit noted; property currently operating as a short‑term rental (rents vary).

Property Analytics

Current Use

Resorts

Suggested Use

Top Pick Cafe & Coffee Shop Hotel & Motel

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Turnkey business
Opportunity
Yes
Fenced yard
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

398
Businesses Nearby

Demographics for 89410, NV

11,169
Population
5,285
Households
2.1
Avg Household Size
53
Median Age
30%
College-Educated
95%
High-School Grad
231.2 sq mi
ZIP Area
48
Density / Sq Mi
$81,861
Median Household Income
$41,056
Median Earnings
$1,516
Median Rent
$588,400
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Resort - Standalone lake-view retreat with newly updated unit interiors, furnished accommodations, and ample RV/boat parking.
Where is this resort located?
The property is located at 1929 US-395 Gardnerville, NV.
What is the asking price?
The asking price for this property is $2,400,000.
What are key features of this property?
This property features: 8,150 SF standalone Topaz Lake destination property on 1.23 acres with 450+ ft of frontage on Hwy 395.; Rebuilt/expanded in 1989 (per Douglas County Assessor); originally built in 1969.; Short‑term rental permit noted; property currently operating as a short‑term rental (rents vary).
More about this property
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