Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    1461 Foothill Rd Gardnerville, NV 89460
    Back to Search
    Property profile & analytics

    1461 Foothill Rd Gardnerville, NV 89460

    View on Map
    • Ranches
    For Sale
    $3,800,000
    View Listing →
    Gardnerville Ranch with Water Rights For Sale
    $3,800,000
    1,300 SF

    Gardnerville Ranch with Water Rights

    143-acre ranch with water rights, home, and agricultural infrastructure.

    1461 Foothill Road, Gardnerville, NV 89460
    View Listing
    Property ID
    US62-0879715
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Ranches

    Property Details for 1461 Foothill Rd

    Property type
    Ranches
    Property subtype
    Agricultural land / Farmland

    Description

    Welcome to a captivating 143 ± acre oasis in the heart of Gardnerville, Nevada's fertile Carson Valley. This ranch isn't just land; it's a legacy, boasting coveted water rights to the Carson River and showcasing nature's bounty in every corner. Fully fenced and cross-fenced, the meticulously planned ranch offers optimal functionality for agricultural pursuits. A spacious 40 X 90 pole barn provides versatile storage and livestock space. Nestled amidst this scenic beauty is a charming 1300-square-foot home with 2 bedrooms, an office, and 2 bathrooms. The kitchen, adorned with granite countertops, stainless steel appliances, and hickory cabinets, blends practicality with elegance. This property is more than a residence; it's an agricultural haven featuring a new, fully functional cattle guard and operating under a conservation easement. For adventurous spirits, a full RV hookup beckons, promising unforgettable journeys beneath the vast Nevada sky. Strategically located near Kingsbury Grade, the ranch offers seamless access to Heavenly Valley's winter wonderland just 15 minutes away or the serene beauty of Lake Tahoe within a 20-minute drive. Carson City's amenities are a mere 15 minutes away, while Reno Airport, facilitating global connections, lies within an hour's drive. This 143 ± acre ranch isn't just property; it's an invitation to embrace a lifestyle in harmony with nature. Abundant water, functional infrastructure, and proximity to key destinations define this opportunity in the heart of Carson Valley. Welcome home to your exclusive slice of Nevada paradise. 3D Property House Tour: https://my.matterport.com/show/?m=vCdexKSBbMn

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Gardnerville
    County
    Douglas
    State
    Nevada
    Longitude
    -119.8338668
    Latitude
    38.9449188

    Comparable in this City

    • $369,000
      87,555 SF

      2.01-Acre Commercial Parcel For Sale

      2.01-acre commercial parcel in Gardnerville Ranchos with development potential.
      1173 Kimmerling Rd, Gardnerville, NV 89460
      View Details
    • $389,000
      110,642 SF

      2.54 Acre Industrial/Commercial Land

      2.54-acre parcel zoned industrial/commercial with high visibility.
      1181 Kimmerling Rd, Gardnerville, NV 89460
      View Details
    • $450,000
      87,120 SF

      Picturesque Lot in Meadow Valley

      Land with mountain views and outdoor trails access.
      565 Jackson Ranch Rd, Gardnerville, NV 89460
      View Details
    • $550,000
      2.81 Acres

      Land with Mountain Views

      2.81-acre parcel in gated community with views.
      880 Stutler Creek Ct, Gardnerville, NV 89460
      View Details
    • New
      $449,000
      2.10 Acres

      Mountain View Lot in Gardnerville

      2.1-acre lot with well and mountain views in Gardnerville.
      840 Rubio Way, Gardnerville, NV 89460
      View Details
    • $488,000
      2.26 Acres

      Sierra Nevada Homesite Opportunity

      Exclusive homesite with mountain views near Minden and Gardnerville.
      240 Forest Hill Way, Gardnerville, NV 89460
      View Details

    Similar Nearby for Sale

    • $369,000
      87,555 SF

      2.01-Acre Commercial Parcel For Sale

      2.01-acre commercial parcel in Gardnerville Ranchos with development potential.
      1173 Kimmerling Rd, Gardnerville, NV 89460
      View Details
    • $389,000
      110,642 SF

      2.54 Acre Industrial/Commercial Land

      2.54-acre parcel zoned industrial/commercial with high visibility.
      1181 Kimmerling Rd, Gardnerville, NV 89460
      View Details
    • $488,000
      2.26 Acres

      Sierra Nevada Homesite Opportunity

      Exclusive homesite with mountain views near Minden and Gardnerville.
      240 Forest Hill Way, Gardnerville, NV 89460
      View Details
    • $450,000
      87,120 SF

      Picturesque Lot in Meadow Valley

      Land with mountain views and outdoor trails access.
      565 Jackson Ranch Rd, Gardnerville, NV 89460
      View Details
    • $550,000
      2.81 Acres

      Land with Mountain Views

      2.81-acre parcel in gated community with views.
      880 Stutler Creek Ct, Gardnerville, NV 89460
      View Details
    • New
      $449,000
      2.10 Acres

      Mountain View Lot in Gardnerville

      2.1-acre lot with well and mountain views in Gardnerville.
      840 Rubio Way, Gardnerville, NV 89460
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Retail Space Available For Rent

      Retail space available, offering 2,196 square feet.
      1307 Langley Dr, Gardnerville, NV 89460
      View Details
    • $1.00 SF/Yr
      3,000 SF

      Gardnerville Ranchos Office Space

      Office space in high-traffic Gardnerville Ranchos neighborhood center.
      1281 Kimmerling Rd, Gardnerville, NV 89460
      View Details
    View Listing
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1461 Foothill Rd
    Gardnerville, NV 89460
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    1461 Foothill Rd, Gardnerville, NV, 89460
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!