605 Deer Mountain Road rd - Residential Income FOR SALE


Verdi, NV 89439
$3,875,000 USD
775-720-4712
605 Deer Mountain Road rd, Verdi, NV for Sale
$3,875,000 USD
Residential Income - FOR SALE
1/25
null | Request Cap Rate

605 Deer Mountain Road rd
Verdi, NV 89439


OVERVIEW

This unique property presents a rare opportunity to own a private, expansive retreat, priced $500K below its appraised value. As per the county's development code, this LDS-zoned property does allow for a group home. Truly an ideal setting for such a facility given the size of the home and lot, the horse amenities for equine therapy, beautiful surroundings, and its turnkey readiness. Buyer to verify what all is needed to bring home up to code for commercial use. Seller Financing at Below-Market Rates: Purchase through a Contract to Sell Seller to carry for 48 months at 6% No points, with a $1.5MM down payment No payments for the first year Monthly payments amortized over 20 years, with a balloon payment due in four years This 6,600 sq. ft. updated ranch-style home sits adjacent to BLM land and includes 6 acre-feet of fenced water rights. The residence is thoughtfully divided into four distinct living zones, designed to accommodate a range of lifestyles and needs. Owner’s Suite: The expansive, eastern-facing owner’s suite is a true retreat, complete with a fireplace, two en-suite marble bathrooms, dual walk-in closets, and two additional flex spaces perfect for a home office or workout area. Children’s Wing: This family-friendly area features four generously sized bedrooms, two Jack-and-Jill bathrooms, a laundry room, a game room, and direct access to both the garage and outdoor playground. Recently updated with new wood-laminate floors, it’s move-in ready for active family life. Guest Wing: The den opens to a private guest wing, which includes two en-suite bedrooms offering privacy and breathtaking mountain views. Additionally, there is a private en-suite room for a live-in housekeeper or au pair, located just off the kitchen. Heart of the Home – The Kitchen: This spacious, commercial-grade kitchen was designed for gathering, whether feeding a family of four or hosting large events for 100+ guests. With abundant counter space, multiple sinks, double dishwashers, commercial refrigerators, and a Grizzly gas range, the kitchen is built to handle it all. A large-capacity commercial ice maker ensures you’ll never run out of cold drinks. Outdoor Oasis: The outdoor living spaces are equally impressive, highlighted by an elevated rock patio that’s perfect for entertaining or enjoying peaceful evenings. A reclaimed hand-cut granite mantle from the 1800s Santa Fe Railroad adds a unique historical touch. The property promotes year-round outdoor living with private bridge access to National Forest Land, offering extensive trails for horseback riding, mountain biking, ATVing, snowshoeing, and hiking. Equestrian Facilities: Set on over 5 acres, this property is ideal for livestock, with four inter-connected, fenced pastures that allow for efficient rotational grazing. The main pasture includes a four-stall mare motel with automatic waterers, while the upper pasture offers run-in sheds and trailer access. The barn is a 1,500 sq. ft. fireproof structure with a wash rack, tack/office space, oversized stalls, and ample storage for hay, grain, and chickens. Water Features: The property boasts a pond with its own pump house and agricultural-rate electric meter. It's perfect for swimming, fishing, or rowing, with a charming gazebo for relaxation. Pride of ownership is evident throughout this property, with extensive mechanical and electrical upgrades already in place. Whether you're seeking a private retreat, an equestrian haven, or a group home setting, this remarkable estate offers unparalleled possibilities.

FOR SALE DETAILS

PRICE

$3,875,000 USD

PRICE/SF

$601 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Deer Mountain

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Residential Income

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1992

SPRINKLERS

-

PARKING SPACES

18

LAND DETAILS

LAND ACRES

5.07 AC

LAND SF

220,849 SF

ZONING

LDS

APN/PARCEL ID

038-132-30

ASK ABOUT THIS PROPERTY

Garrett LepireRe/Max GoldMore Info
775-720-4712

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Garrett LepireRe/Max GoldMore Info
775-720-4712

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.