Opportunity awaits on this expansive 10-acre parcel of level, build-ready land in the heart of Fernley. Whether you're envisioning a private estate, a family compound, or a residential development, this sub-dividable property offers endless potential. Just one mile from Fernley Golf Course and moments from BLM land and OHV trails, it's ideal for those who crave both recreation and open space. Enjoy the serenity of rural living with the convenience of city amenities, less than 40 minutes from Reno, and a straight shot to Lake Tahoe, Pyramid Lake, and USA Parkway for quick access to the Tahoe-Reno Industrial Center. With utilities nearby and easy access from a maintained road, this is a rare find for investors, builders, or anyone looking to plant roots in a fast-growing region of Northern Nevada.
Active
Price cut: $10K (6/16)
$109,000
1945 Gustafson St, Fernley, NV 89408
--beds
0baths
10Acres
Land
Built in ----
10 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Level build-ready land
- 357 days |
- 226 |
- 4 |
Zillow last checked:
Listing updated:
Listed by:
Dustin McClelland S.185121 775-671-7503,
RE/MAX Professionals-Reno,
Kane and Partners Real Estate,
RE/MAX Professionals-Reno
Source: NNRMLS,MLS#: 250052988
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Property
Features
- Fencing: None
- Has view: Yes
- View description: Desert, Mountain(s), Rural, Valley
Lot
- Size: 10 Acres
- Features: Level, Desert
Details
- Additional structures: None
- Parcel number: 02149110
- Zoning: RR5
- Horses can be raised: Yes
Utilities & green energy
- Sewer: Septic Needed
- Water: Well Needed
- Utilities for property: Cable Available, Electricity Available, Internet Available, Phone Available, Cellular Coverage
Community & HOA
HOA
- Has HOA: No
Location
- Region: Fernley
Financial & listing details
- Tax assessed value: $175,000
- Annual tax amount: $1,079
- Date on market: 7/12/2025
- Cumulative days on market: 358 days
- Listing terms: 1031 Exchange,Cash,Conventional,USDA Loan,VA Loan
- Road surface type: Dirt
Estimated market value
Not available
Estimated sales range
Not available
$2,021/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/16/2026 | Price change | $109,000-8.4% |
Source:  NNRMLS #250052988 Report a problem | ||
| 11/19/2025 | Price change | $119,000-4.8% |
Source: NNRMLS #250052988 Report a problem | ||
| 7/12/2025 | Listed for sale | $125,000 |
Source: NNRMLS #250052988 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,025 +33.7% | $61,250 +9.4% |
| 2024 | $767 +4.7% | $56,000 |
| 2023 | $733 +21.2% | $56,000 |
| 2022 | $605 | $56,000 +6.7% |
| 2021 | -- | $52,500 |
| 2020 | $545 | $52,500 +50% |
| 2019 | $545 +6.7% | $35,000 +11.1% |
| 2018 | $511 +5% | $31,500 +50% |
| 2017 | $486 +4.2% | $21,000 +66.7% |
| 2016 | $467 +2.7% | $12,600 |
| 2015 | $455 +1.5% | $12,600 |
| 2014 | $448 | $12,600 |
| 2013 | -- | $12,600 |
| 2012 | -- | $12,600 |
| 2011 | -- | $12,600 |
| 2010 | -- | $12,600 -40% |
| 2009 | -- | $21,000 -50% |
| 2008 | -- | $42,000 +34.3% |
| 2007 | -- | $31,270 +85% |
| 2006 | -- | $16,900 +48.5% |
| 2004 | -- | $11,380 |
Find assessor info on the county website
Monthly payment
Estimated monthly payment$1,822
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 89408
Nearby schools
GreatSchools rating
- 4/10East Valley Elementary SchoolGrades: PK-4Distance: 1.1 mi
- 2/10Silverland Middle SchoolGrades: 7-8Distance: 2.8 mi
- 3/10Fernley High SchoolGrades: 9-12Distance: 4.7 mi
Schools provided by the listing agent
- Elementary: East Valley
- Middle: Silverland
- High: Fernley
Source: NNRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
- Nevada
- Lyon County
- Fernley
- 89408
- 1945 Gustafson St
Nearby cities
Nearby zip codes
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