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$799,000

  • For Sale
  • Active
  • Single Family
  • 2 Beds
  • 1 Full Bath
  • 900 Sq. Ft.
  • 2 Car Garage
  • Updated 7 days ago
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Discover the ideal setup for country living, equestrian use, or a multi-purpose rural retreat on this fully fenced 20.18-acre property in scenic Smith Valley, NV. Enjoy sweeping mountain and valley views from the comfortable 900 sq ft living area, featuring durable metal siding and a metal roof for low-maintenance living. There is plenty of space to build a larger residence. The property is perfectly equipped for horses with an arena, multiple stalls, and a large hay barn (12x36x15). A massive 3,200 sq ft shop with plumbing offers space for projects, storage, or business needs. Additional features include a full RV hookup with dump station, a 1,500-gallon septic system, and two owned 330-gallon propane tanks. The property is ideally located near BLM land and trails, offering endless opportunities for horseback riding, off-road adventures, and outdoor recreation. Water rights may be acquired, and the property already includes a setup for water delivery. Whether you're looking for a functional horse property, shop space, or off-grid potential, this one has the infrastructure in place to make it happen.

Full Property Details for 45 Madison Way

General

  • Price: $799,000
  • Taxes: $3,926
  • Status: Active
  • Type: Single Family
  • Source: 2502
  • MLS ID: 260000809
  • Updated: 1/23/2026
  • Added to Site: 7 day(s) ago

Interior

  • Interior Features: Breakfast Bar, Ceiling Fan(s), High Ceilings, Primary Downstairs, Vaulted Ceiling(s)
  • Fireplace: Yes
  • Number of Fireplaces: 1
  • Fireplace(s): Wood Burning
  • Appliances: Gas Cooktop, Microwave, Refrigerator
  • Flooring: Carpet, Luxury Vinyl

Rooms

Bathrooms

  • Total Bathrooms: 1
  • Full Bathrooms: 1

Bedrooms

  • Total Bedrooms: 2

Other Rooms

  • Laundry: In Garage

Exterior

  • Exterior Features: Fire Pit, RV Hookup

Parking

  • Garage: Yes
  • Attached garage: Yes
  • Garage Spaces: 2
  • Total Spaces: 2
  • Parking Features: Attached, Garage, RV Access/Parking

Location

  • County: Lyon
  • Driving Directions: Lower Colony to Artesia to Madison

School Information

  • Elementary School: Smith Valley
  • Middle School: Smith Valley
  • High School: Smith Valley

Heating & Cooling

  • Air Conditioning: Yes
  • Heating Type: Fireplace(s)

Utilities

  • Sewer: Septic Tank
  • Water: Well
  • Well: Yes
  • Utility Description: Electricity Connected

Structural Information

  • Roof: Metal
  • Common Walls: No Common Walls
  • Windows: Double Pane Windows, Vinyl Frames
  • Stories/Levels: 1
  • Building Size: 900
  • Square Feet: 900
  • Living Area: 900 Sq. Ft.
  • Year Built: 2022

Additional Structures

  • Other Structures: Arena, Barn(s), Corral(s), Workshop

Lot Features

  • Property View: Mountain(s), Trees/Woods, Valley
  • Mountain views: Yes
  • Lot Size (Acres): 20.18
  • Lot Size (Sq. Ft.): 879,040.8
  • Frontage: Public
  • Road Maintenance: Public Maintained Road
  • Lot Features: Level
  • Zoning: Rr5
  • Fencing (Description): Full

Horse Property

  • Horse Property: Yes

Financial Considerations

  • Price Per Sq. Ft.: $887.78
  • Tax Amount: $3,926.68
  • Terms: Cash, Conventional, FHA, Owner May Carry, VA Loan

Disclosures and Reports

  • Special Conditions: Standard
  • APN: 1008134

Listed by Intero, Jenny McQuain (775) 450-0037

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Listing agent

— 45 Madison Way —

  • Jenny McQuain

    Intero

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NMLS#: 1598647

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Be ready to buy your new home!

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NMLS#: 1598647

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Find the right home insurance for your new home!

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Request a Quote

Save up to an additional 20% by bundling your home and auto together!

Schools serving 45 Madison Way

School District:Lyon County School District
NameGradesDistance
Smith Valley Schools
20 Day Lane, Smith Valley, NV 89430
PK-125.8 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 45 Madison Way Get Price Alerts and Save Property

Date
Details
Price
Change
Source
1/23/2026
Listed
$799,000
699%
MLS
1/09/2020
Sold
$100,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 45 Madison Way

Year
Property Taxes
Change
Tax Assessment
Change
2025
$4,049
3%
$132,420
4%
2024
$3,927
3%
$127,873
6%
2023
$3,813
115%
$120,598
141%
2021
$1,776
-38%
$49,939
-38%
2022
$2,854
61%
$80,714
220%
2021
$1,776
98%
$25,200
—
2019
$896
1%
$25,200
—
2018
$891
4%
$25,200
—
2017
$856
83%
$25,200
875%
2016
$468
7%
$2,584
22%
2015
$436
-1%
$2,121
11%
2014
$439
2%
$1,910
5%
2013
$431
—
$1,818
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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NMLS#: 1598647

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Listed by Intero, Jenny McQuain (775) 450-0037

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45 Madison Way, Smith Valley, NV 89430 (MLS# 260000809) is a Single Family property with 2 bedrooms and 1 full bathroom. 45 Madison Way is currently listed for $799,000 and was received on January 23, 2026. Want to learn more about 45 Madison Way? Do you have questions about finding other Single Family real estate for sale in Smith Valley? You can browse all Smith Valley real estate or contact a Coldwell Banker agent to request more information.

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