Rare Multi-Home Investment Opportunity with Water Rights Discover an exceptional investment property featuring three separate homes on one parcel, offering incredible flexibility and income potential. Whether you're looking to generate strong rental revenue, create a multi-generational living setup, or live in one home while renting the others, this property delivers. Set in a peaceful, natural setting, the land is rich with beautiful scenery and abundant wildlife, creating a serene atmosphere that tenants and owners alike will appreciate. Water rights are included, adding long-term value and opportunity for agricultural use, landscaping, or future enhancements. Each home provides its own sense of privacy while still being part of a cohesive property, making this a rare find for savvy investors or those seeking space, independence, and return on investment—all in one place. This is a unique opportunity to own a property that blends income potential, natural beauty, and lifestyle appeal.
Active
$649,000
4755 Alcorn Rd, Fallon, NV 89406
4beds
2,962sqft
Est.:
Single Family Residence
Built in 1948
10.64 Acres Lot
$-- Zestimate®
$219/sqft
$-- HOA
What's special
Peaceful natural setting
- 2 days |
- 706 |
- 29 |
Zillow last checked: 8 hours ago
Listing updated: February 10, 2026 at 12:45pm
Listed by:
Mandy Hatcher S.195258 775-722-2665,
Berney Realty, LTD
Source: NNRMLS,MLS#: 260001533
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Forced Air, Propane
Cooling
- Evaporative Cooling
Appliances
- Included: Dishwasher
- Laundry: Washer Hookup
Features
- Breakfast Bar, Loft
- Flooring: Laminate, Tile
- Windows: Aluminum Frames, Double Pane Windows, Vinyl Frames
- Basement: Unfinished
- Number of fireplaces: 2
- Fireplace features: Wood Burning Stove
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 2,962
- Total interior livable area: 2,962 sqft
Property
Parking
- Total spaces: 5
- Parking features: None
Features
- Levels: Two
- Stories: 1
- Patio & porch: Porch, Patio
- Exterior features: None
- Spa features: None
- Fencing: Partial
- Has view: Yes
- View description: Desert, Mountain(s)
Lot
- Size: 10.64 Acres
- Features: Landscaped, Pasture
Details
- Additional structures: Barn(s)
- Parcel number: 00869276
- Zoning: E1
- Horses can be raised: Yes
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Foundation: Crawl Space
- Roof: Pitched,Shake,Shingle
Condition
- New construction: No
- Year built: 1948
Utilities & green energy
- Sewer: Septic Tank
- Water: Well
- Utilities for property: Electricity Available, Internet Available, Cellular Coverage
Community & HOA
Community
- Security: Smoke Detector(s)
HOA
- Has HOA: No
Location
- Region: Fallon
Financial & listing details
- Price per square foot: $219/sqft
- Annual tax amount: $3,483
- Date on market: 2/10/2026
- Listing terms: Cash
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 2/10/2026 | Listed for sale | $649,000$219/sqft |
Source:  NNRMLS #260001533 Report a problem | ||
Public tax history
Public tax history
Tax history is unavailable.BuyAbility℠ payment
Est. payment
$3,656/mo
Principal & interest
$3126
Property taxes
$303
Home insurance
$227
Climate risks
Neighborhood: 89406
Nearby schools
GreatSchools rating
- NALahontan Elementary SchoolGrades: K-2Distance: 3.4 mi
- 4/10Churchill County Jr. High SchoolGrades: 6-8Distance: 3.9 mi
- 4/10Churchill County High SchoolGrades: 9-12Distance: 3.7 mi
Schools provided by the listing agent
- Elementary: Fallon/Other
- Middle: Churchill
- High: Churchill
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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