Discover an exceptional opportunity to own a 2.27-acre property near Elko, Nevada, offering the perfect blend of affordability, space, and convenience. With home prices continually rising, finding a place that provides both privacy and value is becoming increasingly challenging. This property stands out as a smart alternative for those seeking to build their dream home without the constraints of high costs and restrictive homeowners' associations (HOAs).
Affordable Ownership
For just $99 per month, you can secure this expansive piece of land, making ownership more attainable than traditional renting. The owner financing option requires a $1,200 down payment, followed by manageable monthly installments over 84 months, culminating in a total price of $9,516. Alternatively, a discounted cash price of $7,613 is available for those preferring a lump-sum payment. This flexibility ensures that various financial situations are accommodated, allowing more individuals to invest in property ownership.
Expansive Space to Build
Spanning over two acres, this property provides ample room to design and construct your ideal home. The flat, plain desert terrain offers a blank canvas for your architectural aspirations, whether you're envisioning a cozy retreat or a sprawling residence. The absence of an HOA means you have the freedom to bring your vision to life without external restrictions, fostering a sense of true ownership and creativity.
Prime Location
Situated just minutes from Elko, this property strikes an ideal balance between tranquil seclusion and urban accessibility. Elko serves as a vibrant hub, offering essential amenities such as schools, medical facilities, shopping centers, and employment opportunities. The presence of the Elko Regional Airport enhances connectivity, making both business and leisure travel convenient without the complexities associated with larger city airports.
Investment Potential
Elko is experiencing growth, with new homes being constructed in the vicinity, signaling a promising trajectory for property values. Investing in this land not only provides immediate benefits but also positions you advantageously for future appreciation. Additionally, Nevada's absence of state income tax further enhances the appeal, offering potential financial advantages to residents and investors alike.
Utilities and Services
- Water: Installation of a well is required for water access. Prospective owners should contact the Nevada Division of Water Resources at (775) 684-2800 for detailed information and guidance.
- Sewer/Septic: A septic system installation is necessary for waste management. The Nevada Division of Health, reachable at (775) 684-5920, can provide regulations and requirements to ensure compliance and functionality.
- Electricity: Electrical services can be established through Wells Rural Electric or NV Electric. For service inquiries and setup, contact (775) 752-3328 or (702) 402-5555, respectively.
- Gas: While natural gas lines are not available in the area, propane serves as a viable alternative. Propane of Wendover Inc., at (775) 664-2291, offers services to meet your heating and cooking needs.
Recreational Opportunities
The property's proximity to the Ruby Mountains and Elko Hills presents abundant recreational activities. Outdoor enthusiasts can indulge in hiking, camping, and fishing, with the region's diverse wildlife, including bighorn sheep and elk, enhancing the experience. The nearby Spring Creek community further enriches the lifestyle with additional amenities such as local shops and services, ensuring that both adventure and convenience are within reach.
Property Details
Size: 2.27 acres
Terrain: Flat, plain desert
Access: Via Gorget/20th St
Closest Highways: US HWY-80, RT-225
Conveyance: Warranty Deed
Annual Taxes: $20.46
Zoning: Vacant - Residential Land
Coordinates:
Northwest Corner: 4053'40.9"N 11543'38.6"W
Northeast Corner: 4053'40.9"N 11543'34.3"W
Southwest Corner: 4053'37.7"N 11543'34.3"W
Southeast Corner: 4053'37.7"N 11543'38.6"W
Seize the Opportunity
This property embodies a unique blend of affordability, freedom, and potential. Whether you're aiming to build a personal residence, invest for the future, or simply secure a piece of Nevada's serene landscape, this 2.27-acre lot near Elko stands as a compelling choice. With flexible financing options and a location that offers both tranquility and convenience, now is the time to act. Contact us today to secure this land before prices rise and opportunities diminish.