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Closed
  • $1,575,000

    50 N Canal Dr, Fernley, NV 89408

    3beds
    1,584sqft
    Single Family Residence
    Built in 1968
    13.65 Acres Lot
    $1,571,500 Zestimate®
    $994/sqft
    $2,116 Estimated rent

    Home value

    $1,571,500

    $1.41M - $1.76M

    $2,116/mo

    Zestimate® history
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    $8,981/mo

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    $8,981/mo

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    What's special

    Location Location Location. With all the growth going on in this area, there is no better opportunity. 54+ feet of water rights that come with this property are highly coveted and the value of them alone make this a steal. Whether it’s a hobby farm or transformed into a commercial enterprise (buyer to check with City on changing zoning) the options are endless. 700+ feet of frontage road on Hwy 95A., This property is located right along the heavily trafficked area of HWy 95 with an ample amount of frontage along the highway. The options are endless with this magnificent property. It is currently a working ranch, growing alfalfa and actively using the 54+ feet of water rights which convey with the property. This large parcel is home to a 1584 sf single family residence. 50 Canal rd is located on the main Artery just outside the heart of the City and provides loads of opportunity. 50 N Canal Rd is a rare opportunity in the heart of Fernley. Zoned RR1, this flat, 13.65acre residential development site is perfect for large 1 Ac lot, semi-custom homes. All utilities are currently in the street adjacent to the site. Mature trees dot the landscape and are an added feature for any new development. Conveniently located, the property fronts Alt 95 at Canal Rd and has quick access to Main Street off of Miller Lane. Please note, this property is recorded as 14.65 acres with the assessor’s office. The sellers are in the process of removing approximately one acre (208x208) on the Northwest corner which has a manufactured home on it with its own fencing. This acre is NOT part of the sale and will be separated prior to close of escrow. Buyer and Buyers agent to verify all information to be accurate.

    Zillow last checked:

    Listing updated:

    Listed by:

    Dena Lopez S.176470 775-848-9742,

    Keller Williams Group One Inc.,

    Alexandria Brown S.192918 775-815-3364,

    Keller Williams Group One Inc.

    Bought with:

    Rikki Bachle, S.183665

    Haute Properties NV

    Source: NNRMLS,MLS#: 250003111MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Electric, Forced Air, Natural Gas
    Cooling
    • Electric
    Appliances
    • Included: Dishwasher, Electric Cooktop, None
    • Laundry: In Kitchen
    Features
    • Walk-In Closet(s)
    • Flooring: Carpet, Ceramic Tile, Tile, Vinyl
    • Windows: Double Pane Windows
    • Has fireplace: No
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total structure area: 1,584
    • Total interior livable area: 1,584 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Attached, Garage
    • Attached garage spaces: 2
    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Patio
    • Exterior features: Multiple Entry Flat or Ramped
    • Spa features: None
    • Fencing: Full
    • Has view: Yes
    • View description: Desert, Mountain(s)
    Lot
    • Size: 13.65 Acres
    • Features: Landscaped, Level, Sloped Up
    Details
    • Additional structures: Barn(s), Corral(s), Outbuilding
    • Parcel number: 02027106
    • Zoning: RR!
    • Horses can be raised: Yes

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Foundation: Crawl Space
    • Roof: Composition,Pitched,Shingle
    Condition
    • New construction: No
    • Year built: 1968

    Utilities & green energy

    • Sewer: Septic Tank
    • Water: Public
    • Utilities for property: Electricity Available, Natural Gas Available, Water Available

    Community & HOA

    HOA
    • Has HOA: No
    Location
    • Region: Fernley

    Financial & listing details

    • Price per square foot: $994/sqft
    • Annual tax amount: $3,753
    • Date on market: 1/27/2025
    • Cumulative days on market: 397 days
    • Listing terms: 1031 Exchange,Cash,Conventional,VA Loan

    Price history

    DateEventPrice
    3/31/2026Listing removed$2,500$2/sqft
    Source: Zillow Rentals Report a problem
    3/24/2026Listed for rent$2,500$2/sqft
    Source: Zillow Rentals Report a problem
    2/27/2026Sold$1,575,000-10%$994/sqft
    Source: NNRMLS #250003111 Report a problem
    1/26/2026Contingent$1,750,000$1,105/sqft
    Source: NNRMLS #250003111 Report a problem
    1/26/2025Listed for sale$1,750,000+16.7%$1,105/sqft
    Source: NNRMLS #250000927 Report a problem
    5/22/2023Listing removed--
    Source: NNRMLS #170004542 Report a problem
    10/7/2022Listed for sale$1,500,000$947/sqft
    Source: NNRMLS #170004542 Report a problem
    6/1/2022Pending sale$1,500,000$947/sqft
    Source: NNRMLS #170004542 Report a problem
    5/23/2022Listed for sale$1,500,000-25%$947/sqft
    Source: NNRMLS #170004542 Report a problem
    4/13/2022Listing removed--
    Source: NNRMLS #170004542 Report a problem
    4/29/2020Listed for sale$2,000,000$1,263/sqft
    Source: NNRMLS #170004542 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: 89408

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Fernley
    • Middle: Fernley
    • High: Fernley

    Source: NNRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $1,571,500
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,571,500