Description
Discover an exceptional development opportunity in the heart of Fallon, Nevada. This 16.48-acre vacant lot is ideally located within city limits and fully entitled for residential development. The property has been meticulously planned and approved for a 39-lot single-family subdivision, with lots ranging from approximately 11,500 to over 31,000 square feet—perfect...GREAT DEVELOPMENT OPPORTUNITY in the COUNTRY AIR ESTATES SUBDIVISION! Vacant 16.48-Acre Residential Development Opportunity - Fallon, NV
Discover an exceptional development opportunity in the heart of Fallon, Nevada. This 16.48-acre vacant lot is ideally located within city limits and fully entitled for residential development. The property has been meticulously planned and approved for a 39-lot single-family subdivision, with lots ranging from approximately 11,500 to over 31,000 square feet—perfect for spacious residential living. The subdivision is designed to be developed in three phases, with Phase 1 consisting of 14 lots. All required engineering has been completed and approved by the city and relevant agencies, ensuring a smooth path to construction. Additionally, the first 14 lots in Phase 1 will be delivered with water already dedicated, offering immediate development potential. This property is located in the Country Air Estates subdivision in Fallon, a desirable neighborhood with larger lots that can accommodate larger more custom homes, RV parking, spacious backyards, and room for owners to build a detached shop or second garage. Highlights:
Total Area: 16.48 acres
Zoning: Residential, within city limits
Approved Lots: 39 single-family residential lots
Lot Sizes: Ranges from 11,500 square feet up to 31,673 square feet. Development Phases: 3 total; Phase 1 includes 14 lots
Status: Fully engineered and approved subdivision map
Utilities: Water available for the first 14 lots. Power, gas, water and sewer is stubbed on site, ready for
This is a rare chance to develop in a growing Nevada community with strong demand for residential housing. Whether you're a builder, investor, or developer, this property presents a ready-to-go project with significant upside potential. Call for more information and for a copy of the approved engineered plans/details. Signs will be posted on the property by Tuesday, June 3rd. Call the listing agent for directions to the site.
- Listed by Brittany Hall • Nevada Prime Real Estate LLCP: (775)-835-2015 brittanyhall.nevadarealestate@gmail.com
Property Details for 0 Serpa Place
Property Details for 0 Serpa Place
| Status | Active |
|---|---|
| MLS # | 250050688 |
| Days on Compass | 254 |
| Taxes | $3,913 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Land |
| MLS Type | Land |
| Year Built | - |
| Lot Size | 16.48 AC |
| County | Churchill County |
Location
Building Information for 0 Serpa Place
Payment Calculator
$3,981 per month
30 year fixed, 6.15% Interest
$3,655
$326
$0
Property Information for 0 Serpa Place
- Latitude: 39.479646
- Longitude: -118.761197
- Address:Parcel Number: 001-061-29
- Address:Within City Limits YN: Yes
- Association Fee: $0
- Association YN: No
- Tax Annual Amount: $3,913
- Tax Legal:Elementary School: Fallon/Other
- Tax Legal:Middle Or Junior School: Churchill
- Tax Legal:High School: Churchill
- Tax Legal:Tax Annual Amount: $3,913
- Tax Legal:Special Assessments and Bonds Other Than CIC: 0.0
- Tax Legal:Zoning: R1-5K
- Tax Legal:Zoning Source: Assessor
- AssociationCommunity:Senior Community YN: No
- AssociationCommunity:Association YN: No
- Association Details:Average Monthly Association Fee: $0
- Association Details:Total Association Special Assessments: 0.0
- Association Details:Total Other Fees: $0
- Association Details:Total Setup Fees: $0
- Association Details:Total Transfer Fees: $0
- Elementary School: Fallon/Other
- High School: Churchill
- Middle Or Junior School: Churchill
- Lot Features: Level, Open Lot, Corners Marked
- Lot Size Acres: 16.48
- Lot Size Area: 16.48
- Lot Size Square Feet: 717868.8
- Lot Size Units: Acres
- Water Source: Public
- Lot:Subdividable YN: Yes
- Lot:Lot Size Acres: 16.48
- Lot:View YN: Yes
- Lot:Waterfront YN: No
- Lot:Water Body Access YN: No
- Lot:Sign On Property YN: Yes
- Lot Features:Corners Marked: Yes
- Lot Features:Level: Yes
- Lot Features:Open Lot: Yes
- Water Body View:No: Yes
- Land Details:Crops Included YN: No
- Land Details:Deed Restrictions: No
- Land Details:Grazing Permits BLM YN: No
- Land Details:Grazing Permits Forest Service YN: No
- Land Details:Grazing Permits Private YN: No
- Land Details:Easements YN: Yes
- Land Details:Road Easement YN: Yes
- Land Details:Utility Easement YN: Yes
- Parcel Number: 001-061-29
- Possession: Close Of Escrow
- Road Frontage Type: City Street
- Road Responsibility: Public Maintained Road
- Sign On Property YN: Yes
- Property Type: Land
- Possession:Close Of Escrow: Yes
- Road Frontage Type:City Street: Yes
- Road Responsibility:Public Maintained Road: Yes
- Grazing Permits Private YN: No
- Grazing Permits Forest Service YN: No
- Crops Included YN: No
- Grazing Permits Blm YN: No
- Sewer: Public Sewer
- Utilities: Cable Available, Electricity Available, Internet Available, Natural Gas Available, Phone Available, Sewer Available, Water Available, Cellular Coverage
- Utilities:Cable Available: Yes
- Utilities:Electricity Available: Yes
- Utilities:Internet Available: Yes
- Utilities:Natural Gas Available: Yes
- Utilities:Phone Available: Yes
- Utilities:Sewer Available: Yes
- Utilities:Water Available: Yes
- Utilities:Cellular Coverage: Yes
- Sewer:Public Sewer: Yes
- Water Rights:Water Rights YN: No
- Water Source:Public: Yes
- Fencing: None
- Horse YN: No
- Other Structures: None
- Senior Community YN: No
- Fencing:None: Yes
- Other Structures:None: Yes
- View:Mountain(s): Yes
- Bathrooms Total Integer: 0
- Bathrooms Total Decimal: 0.0
- Bathrooms Total Notational: 0.0
Property History for 0 Serpa Place
| Date | Event & Source | Price | Appreciation |
|---|---|---|---|
| Aug 12, 2025 | Expired NNRMLS #240000443 | $332,000 | — |
| May 30, 2025 | Listed (Active) NNRMLS #250050688 | $750,000 | — |
| Jan 16, 2024 | Listed (Active) NNRMLS #240000443 | $380,000 | — |
| Apr 21, 2022 | Expired NNRMLS #220000650 | $9,000,000 | — |
| Jan 18, 2022 | Listed (Active) NNRMLS #220000650 | $9,000,000 | — |
| Oct 7, 2004 | Sold NNRMLS #40011613 | $2,500,000 | — |
| Aug 9, 2004 | Pending NNRMLS #40011613 | — | |
| Aug 4, 2004 | Listed (Active) NNRMLS #40011613 | $2,000,000 | — |
| Jul 1, 2004 | Expired NNRMLS #30006787 | $2,000,000 | — |
| Oct 9, 2003 | Listed (Active) NNRMLS #30006787 | $2,000,000 | — |
| Date | Event & Source | Price |
|---|---|---|
| 08/12/2025 | Expired NNRMLS #240000443 | $332,000 |
| 05/30/2025 | Listed (Active) NNRMLS #250050688 | $750,000 |
| 01/16/2024 | Listed (Active) NNRMLS #240000443 | $380,000 |
| 04/21/2022 | Expired NNRMLS #220000650 | $9,000,000 |
| 01/18/2022 | Listed (Active) NNRMLS #220000650 | $9,000,000 |
| 10/07/2004 | Sold NNRMLS #40011613 | $2,500,000 |
| 08/09/2004 | Pending NNRMLS #40011613 | — |
| 08/04/2004 | Listed (Active) NNRMLS #40011613 | $2,000,000 |
| 07/01/2004 | Expired NNRMLS #30006787 | $2,000,000 |
| 10/09/2003 | Listed (Active) NNRMLS #30006787 | $2,000,000 |
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Schools near 0 Serpa Place
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | K to 2 | |||
| Public - | 2 to 3 | |||
| Public - | 4 to 5 | |||
| Public - | 6 to 8 |
Rating | School | Distance |
|---|---|---|
Lahontan Elementary School PublicK to 2 | ||
E C Best Elementary School Public2 to 3 | ||
Numa Elementary School Public4 to 5 | ||
Churchill County Jr. High School Public6 to 8 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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Listing Courtesy of Nevada Prime Real Estate LLC, Brittany Hall, License #BS.46038
Based on information from one of the following Multiple Listing Services: MetroList, Tahoe Sierra Board of REALTORS, South Tahoe Association of REALTORS, Mammoth Lakes Board of REALTORS MLS, Northern Nevada Regional MLS, Incline Village Board of REALTORS, Inyo County MLS, and Plumas Association of REALTORS.. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by MetroList, Tahoe Sierra Board of REALTORS, South Tahoe Association of REALTORS, Mammoth Lakes Board of REALTORS MLS, Northern Nevada Regional MLS, Incline Village Board of REALTORS, Inyo County MLS, and Plumas Association of REALTORS. is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.