Active

$480,000

1075 Penelope Dr, Fallon, NV 89406

3beds

1,647sqft

$3,178/mo

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Single Family Residence

Built in 1998

1 Acres Lot

$475,600 Zestimate^®

$291/sqft

$-- HOA

What's special

Fully fenced backyardLarge storage shedWide-open spaceAbundant natural lightUpdated kitchenCozy fireplaceFresh interior paint

Beautifully updated 3-bedroom, 2-bath home situated on a spacious 1-acre lot in Fallon! Offering 1,647 sq. ft. of inviting living space, this home features newly refinished hardwood floors, fresh interior paint, and an updated kitchen. Both bathrooms have been beautifully renovated with elegant marble and porcelain finishes, creating a fresh, modern feel. The welcoming living area features a cozy fireplace and abundant natural light. Outside, the fully fenced backyard offers endless possibilities to create your ideal outdoor retreat, with plenty of space to bring your vision to life. The attached 2-car garage, workshop, and large storage shed provide ample room for projects, hobbies, and additional storage. Enjoy wide-open space, beautiful Nevada sunsets, and the convenience of well and septic. A wonderful combination of modern updates, functionality, and room to make it your own!

9 days
462
46

Likely to sell faster than

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2
Full bathrooms: 2

Heating

Natural Gas

Cooling

Central Air

Appliances

Included: Dishwasher, Disposal, Dryer, Gas Cooktop, Gas Range, Microwave, Washer
Laundry: Laundry Room, Shelves

Features

Breakfast Bar, Ceiling Fan(s), High Ceilings, Pantry, Vaulted Ceiling(s), Walk-In Closet(s)
Flooring: Carpet, Ceramic Tile, Marble, Wood
Windows: Blinds, Double Pane Windows, Rods, Vinyl Frames
Number of fireplaces: 1
Fireplace features: Gas
Common walls with other units/homes: No Common Walls

Interior area

Total structure area: 1,647
Total interior livable area: 1,647 sqft

Property

Parking

Total spaces: 2
Parking features: Additional Parking, Attached, Garage, Garage Door Opener
Attached garage spaces: 2

Features

Levels: One
Stories: 1
Patio & porch: Covered, Patio, Deck
Exterior features: None
Spa features: None
Fencing: Full
Has view: Yes
View description: Mountain(s)

Lot

Size: 1 Acres
Features: Cul-De-Sac, Landscaped, Level, Sprinklers In Front, Sprinklers In Rear

Details

Additional structures: Shed(s), Workshop
Parcel number: 00831228
Zoning: E!: RES 1 ACRE

Construction

Type & style

Home type: SingleFamily
Property subtype: Single Family Residence

Materials

Stucco
Foundation: Slab
Roof: Composition,Shingle

Condition

New construction: No
Year built: 1998

Utilities & green energy

Sewer: Septic Tank
Water: Well
Utilities for property: Electricity Available, Natural Gas Available

Community & HOA

Community

Security: Smoke Detector(s)

HOA

Has HOA: No

Location

Region: Fallon

Financial & listing details

Price per square foot: $291/sqft
Tax assessed value: $267,962
Annual tax amount: $2,522
Date on market: 10/15/2026
Listing terms: Cash,Conventional,FHA,VA Loan

Estimated market value

$475,600

$452,000 - $499,000

$2,408/mo

Price history

Date	Event	Price
10/15/2026	Listed for sale	$480,000+46.1%$291/sqft
Source: NNRMLS #260013175 Report a problem
6/4/2025	Listing removed	--
Source: Owner Report a problem
10/27/2020	Sold	$328,500+2.7%$199/sqft
Source: Public Record Report a problem
8/31/2020	Listed for sale	$320,000+24.5%$194/sqft
Source: Owner Report a problem
2/23/2018	Sold	$257,000+19.5%$156/sqft
Source: NNRMLS #180002369 Report a problem
4/24/2009	Sold	$215,000-8.5%$131/sqft
Source: Public Record Report a problem
11/29/2008	Listing removed	$234,900$143/sqft
Source: Listhub #80017501 Report a problem
11/23/2008	Price change	$234,900-4.1%$143/sqft
Source: Listhub #80017501 Report a problem
11/10/2008	Listed for sale	$244,900$149/sqft
Source: Listhub #80017501 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$2,145 +7.9%	$93,787 -1.1%
2024	$1,987 +3.2%	$94,833 +5.3%
2023	$1,925 +6.8%	$90,040 +24.4%
2022	$1,802 +1.2%	$72,363 +2.2%
2021	$1,781 +3.9%	$70,798 +3.8%
2020	$1,715	$68,181 +2.1%
2019	$1,715 +3%	$66,779 +2.1%
2018	$1,665 +4.8%	$65,388 +8.3%
2017	$1,590 +3.1%	$60,375 +12.3%
2016	$1,542 +6.7%	$53,746 +5.2%
2015	$1,446 +2.5%	$51,096 +7.5%
2014	$1,410	$47,549 -0.2%
2013	--	$47,664
2012	--	$47,664 -12.4%
2011	--	$54,400 -15.8%
2010	--	$64,609 -1.1%
2009	--	$65,334 +2.4%
2008	--	$63,783 +2.5%
2007	--	$62,231 +1.1%
2006	--	$61,562 +29.9%
2005	--	$47,382