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Residential Land Parcel with Subdivision Potential
For Sale
$125,000

Carol Way, Fernley, NV 89408

LAND - Fernley, NV

Property SizeContact for details
Lot Size2.00 Acres
Days on Market103

Property Features for Carol Way

General Information

Property type Land
Property subtype Other
Zoning RR-1
Subdivision Western Ranchos Ph 1
Lot features Level, Open Lot
Elementary school Fernley
Middle school Fernley
High school Fernley
Directions Main street to Truckee Lane to Stock Lane to Carol Way
Standard status Active
APN 021-513-01
Lot size 2.00 Acres

Taxes and HOA fees

Tax Annual Amount 827

Utilities

Utilities Phone Available
Sewer type Septic Needed
Water source Well Needed
Water front 1
Listing Agency: Dickson Realty - Damonte Ranch
Listed By: John Arnold · License #S.21717
Added: Apr 28 Last Checked: Aug 8 at 7:06PM
MLS# 260005148

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.

A 2-acre residential land parcel in RR-1 zoning, offering the opportunity to subdivide into two 1-acre lots, subject to buyer verification with Lyon County. Electricity is available at the lot, and the buyer will need to provide a well and septic system.

The property is located on Carol Way, a paved and tree-lined country road adjacent to the Truckee Canal. Public remarks indicate this setting provides no rear neighbors and a private feel.

This is a single residential lot with utility access at the site and zoning flexibility for potential division, making it suitable for buyers seeking a buildable parcel in the Fernley, NV area.

Key Highlights

  • 2‑acre lot on Carol Way, a paved, tree‑lined country road adjacent to the Truckee Canal
  • RR‑1 zoning allows subdividing into 2 one‑acre lots (buyer to verify with Lyon County)
  • Electricity is at the lot; well and septic system are needed

Property Analytics

Current Use

Residential land & home ...

Lease Details

Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

44
Businesses Nearby

Demographics for 89408, NV

23,201
Population
9,039
Households
2.6
Avg Household Size
37
Median Age
16%
College-Educated
91%
High-School Grad
464.1 sq mi
ZIP Area
50
Density / Sq Mi
$87,723
Median Household Income
$46,808
Median Earnings
$1,504
Median Rent
$352,600
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Residential land & home lot - Two-acre RR-1 zoned parcel with electricity at the lot and no rear neighbors along a paved tree-lined road.
Where is this residential land & home lot located?
The property is located at Carol Way Fernley, NV.
What is the asking price?
The asking price for this property is $125,000.
What are key features of this property?
This property features: 2‑acre lot on Carol Way, a paved, tree‑lined country road adjacent to the Truckee Canal; RR‑1 zoning allows subdividing into 2 one‑acre lots (buyer to verify with Lyon County); Electricity is at the lot; well and septic system are needed
More about this property
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