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.
Active
Price increase: $418K (5/30)
$750,000
0 Serpa Pl, Fallon, NV 89406
--beds
0baths
16.48Acres
Land
Built in ----
16.48 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Larger lotsSpacious backyards
- 85 days
- on Zillow |
- 42 |
- 0 |
Zillow last checked: 7 hours ago
Listing updated: June 09, 2025 at 11:43am
Listed by:
Brittany Hall BS.46038 775-835-2015,
Century 21 Prime Nevada Prime Real Estate LLC
Source: NNRMLS,MLS#: 250050688

Travel times
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Features
- Has basement: No
Property
Features
- Fencing: None
- Has view: Yes
- View description: Mountain(s)
Lot
- Size: 16.48 Acres
- Features: Level, Open Lot, Corners Marked
Details
- Additional structures: None
- Parcel number: 00106129
- Zoning: R1-5K
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Electricity Available, Internet Available, Natural Gas Available, Phone Available, Sewer Available, Water Available, Cellular Coverage
Community & HOA
Community
- Subdivision: Country Air Estates
HOA
- Has HOA: No
Location
- Region: Fallon
Financial & listing details
- Annual tax amount: $3,912
- Date on market: 5/30/2025
- Listing terms: 1031 Exchange,Cash,Conventional
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