Date
Details
Price
Change
Source
10/31/2025
Listed
$2,800,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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1/38
$2,800,000
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Property Description
Welcome to the Topaz Lake Retreat - a rare 8,150 sq.ft. standalone destination property overlooking Topaz Lake with panoramic water and mountain views. Situated on 1.23 acres with over 450 feet of Highway 395 frontage, this highly visible, income-producing opportunity sits just north of the Nevada/California border, offering the perfect blend of tax advantages, tourism traffic, and long-term upside. This property has one of the only Short Term Rental Permits in the area and rents vary. Listing Agent has more information about the variety of rents charged. Occupants work in neighboring cities and keep the property mostly reserved. Originally built in 1969 and rebuilt/expanded in 1989 (per the Douglas County Assessor), the property has been thoughtfully improved (2024/2025) and is currently operating as a short-term rental. The property has NEW PLUMBING & ELECTRICAL, NEW WINDOWS, NEW TANKLESS WATER HEATERS, NEW CABINETS & FIXTURES AND ALL NEW APPLIANCES IN EVERY UNIT. With 11 spacious bedrooms, 6 bathrooms, 4 full kitchens plus a kitchenette, this retreat is ideal for use as a corporate lodge, wellness retreat, boutique hospitality concept, or high-end vacation rental compound. Each unit has been tastefully designed with NEW granite islands/breakfast bars, laminate flooring, washer/dryer (combo) in every unit, and is comes completely furnished. The property also offers 31 dedicated parking spaces, comprised of RV, boat, and standard vehicle parking, making it a rare find for lake visitors, large groups, or event-style hosting. Additionally, there is gated long-term RV storage, creating further passive income potential. Shared potable water, wastewater disposal, and fire protection systems with the adjacent Best Western provide streamlined utility support. With unmatched exposure along Nevada's most traveled highway and unobstructed views of Topaz Lake, this is a one-of-a-kind investment opportunity with multiple revenue pathways - hospitality, retreat rental, corporate leasing, event hosting, or continued STR operations. The property is fully fenced and secure with phenomenal lake views. Truly a one of a kind gem.
Full Property Details
Full Property Details for 1929 US-395
General
- Price: $2,800,000
- Taxes: $6,846
- Status: Active
- Type: Multi-Family
- Source: 2502
- MLS ID: 250057708
- Updated: 11/14/2025
- Added to Site: 78 day(s) ago
Interior
- Interior Features: High Ceilings, Smart Thermostat
- Appliances: Water Softener Owned, Dishwasher, Disposal, Electric Oven, Electric Range, Microwave, Refrigerator, Washer
- Flooring: Carpet, Laminate
Rooms
Other Rooms
- Laundry: Common Area, In Unit
Additional Information
- Security/Safety: Fire Sprinkler System, Keyless Entry, Security Fence, Security Gate, Security System, Security System Owned, Smoke Detector(s)
Exterior
- Exterior Features: Multiple Entry Flat or Ramped, Rain Gutters
- Porch/Patio/Deck: Deck
Parking
- Attached garage: Yes
- Total Spaces: 31
- Parking Features: Assigned, Attached, Common, Garage, Garage Door Opener, Parking Pad, RV Access/Parking, Tandem, Varies by Unit
Location
- County: Douglas
School Information
- Elementary School: Minden
- Middle School: Pau-Wa-Lu
- High School: Douglas
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Electric, Varies By Unit
- Heating Type: Electric, Forced Air, Propane, Varies By Unit
Utilities
- Sewer: Septic Tank
- Water: Well
- Well: Yes
- Cable Available: Yes
- Utility Description: Cable Available, Electricity Connected, Electricity Not Available, Internet Available, Sewer Not Available, Cellular Coverage, Underground Utilities, Water Meter Installed
Structural Information
- # Buildings: 2
- Exterior Const.: Frame, Stucco
- Roof: Metal, Pitched
- Windows: Double Pane Windows, Low-Emissivity Windows, Vinyl Frames, Window Coverings
- Stories/Levels: 2
- Building Size: 8150
- Year Built: 1969
Additional Structures
- Other Structures: Storage
Lot Features
- Lot Size (Acres): 1.23
- Lot Size (Sq. Ft.): 53,578.8
- Lot Features: Corner Lot, Level, Sloped Down
- Zoning: General Comm
- Fencing (Description): Full
Financial Considerations
- Price Per Sq. Ft.: $343.56
- Tax Amount: $6,846.97
- Terms: 1031 Exchange, Cash, Conventional, Owner May Carry
- Owner Pays: All Utilities
- Tenant Pays: Janitorial Service
Disclosures and Reports
- APN: 102229301003
Listed by RE/MAX Professionals-Reno, Katrina Karasawa (775) 997-3558 and RE/MAX Professionals-Reno, Aaron Wood (775) 900-7318
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Listing agents
— 1929 US-395 —
Katrina Karasawa
RE/MAX Professionals-Reno
Aaron Wood
RE/MAX Professionals-Reno
NMLS#: 1598647
Get Pre-Approved Today
Get a Great Insurance Rate
Schools
Schools serving 1929 US-395
School District:Douglas County School District
| Name | Grades | Distance |
|---|---|---|
Minden Elementary School 1170 Baler Street, Minden, NV 89423 | PK-6 | 21.4 mi |
Pau Wa Lu Middle School 701 Long Valley Road, Gardnerville, NV 89460 | 7-9 | 16 mi |
Douglas County High School 1670 Nevada 88, Minden, NV 89423 | 10-12 | 21.8 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1929 US-395
Estimate the Cost
Estimate the Cost for 1929 US-395
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- Single Family
- Active
- Updated 3 days ago
- 3Beds
- 2Total Baths
- 2,110Sq. Ft.
- Single Family
- Active
- Updated 13 hours ago
- 4Beds
- 3Total Baths
- 2,300Sq. Ft.
- Single Family
- Active
- Updated 13 hours ago
- 3Beds
- 2Total Baths
- 1,721Sq. Ft.
- Single Family
- Active
- Updated 20 hours ago
- 3Beds
- 2Total Baths
- 1,950Sq. Ft.
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- Single Family
- Active
- Updated 2 days ago
- 4Beds
- 3Total Baths
- 2,794Sq. Ft.
- Single Family
- Active
- Updated 2 days ago
- 3Beds
- 3Total Baths
- 2,209Sq. Ft.
- Single Family
- Active
- Updated 4 days ago
- 4Beds
- 3Total Baths
- 1,970Sq. Ft.
- Single Family
- Active
- Updated 5 days ago
- 4Beds
- 2Total Baths
- 1,808Sq. Ft.
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1929 Us-395, Gardnerville, NV 89410 (MLS# 250057708) is a Multi-Family property with 4 units containing 0 bedrooms and 0 full bathrooms. 1929 Us-395 is currently listed for $2,800,000 and was received on October 31, 2025. Want to learn more about 1929 Us-395? Do you have questions about finding other Multi-Family real estate for sale in Gardnerville? You can browse all Gardnerville real estate or contact a Coldwell Banker agent to request more information.