1929 Us Highway 395 S | Image 1
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$2,800,000

For Sale

5 months ago

MLS® 250057708

9 Bed

10 Bath

--

31 Parking

  • Key Facts
  • Description
  • Map

Key Facts

Type Quadruplex
Levels Residential Income
Size -
Garage Yes
Taxes $6,847
Days Active 143
Lot Size 1.23 acres
Approx. Age 1969
MLS® Number 250057708

Property Address: 1929 Us Highway 395 S, Gardnerville, NV, 89410-7048

Average square foot calculated using Size range provided by listing agent.

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.
MLS® Number250057708
Laundry LevelCommon Area, In Unit
Central VacNo
FireplaceNo
Acreage1.23
Exterior
GarageYes
Approx. Age1969
Basement
DrivewayAssigned, Attached, Common, Garage, Garage Door Opener, Parking Pad, RV Access/Parking, Tandem, Varies by Unit
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Oct 29, 2025List Date
$2,800,000List Price
  • Commute

Commute

Starting Address
Destination Address
1929 Us Highway 395 S, Gardnerville, NV

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