00 Serpa Place Fallon, NV 89406
Estimated payment $4,279/month
Highlights
- 16.48 Acre Lot
- Mountain View
- Level Lot
- Lahontan Elementary School Rated A-
- No HOA
About This Lot
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.
Listing Agent
Century 21 Prime Nevada Prime Real Estate LLC License #BS.46038 Listed on: 05/30/2025
Property Details
Property Type
- Land
Est. Annual Taxes
- $3,913
Lot Details
- 16.48 Acre Lot
- Level Lot
- Open Lot
- Corners Of The Lot Have Been Marked
- Subdivision Possible
- Property is zoned R1-5K
Property Views
- Mountain Views
Schools
- Churchill Middle School
- Churchill High School
Utilities
- Internet Available
- Phone Available
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 001-061-29
Community Details
Overview
- No Home Owners Association
- Fallon Community
- Country Air Estates Subdivision
- The community has rules related to covenants, conditions, and restrictions
Recreation
- Electricity Less than 500 Feet Away
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/30/2025 05/30/25 | For Sale | $750,000 | -- | -- |
Source: Northern Nevada Regional MLS
MLS Number: 250050688
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