#250006567, Claire Mulder, Listing office: Coldwell Banker Select Fernley
50 N Canal Dr Fernley, NV 89408
Property details
About 50 N Canal Dr
Location Location Location. With all the growth going on in this area, there is no better opportunity. 54+ feet of water rights that come with this property are highly coveted and the value of them alone make this a steal. Whether it’s a hobby farm or transformed into a commercial enterprise (buyer to check with City on changing zoning) the options are endless. 700+ feet of frontage road on Hwy 95A., This property is located right along the heavily trafficked area of HWy 95 with an ample amount of frontage along the highway. The options are endless with this magnificent property. It is currently a working ranch, growing alfalfa and actively using the 54+ feet of water rights which convey with the property. This large parcel is home to a 1584 sf single family residence. 50 Canal rd is located on the main Artery just outside the heart of the City and provides loads of opportunity. 50 N Canal Rd is a rare opportunity in the heart of Fernley. Zoned RR1, this flat, 13.65acre residential development site is perfect for large 1 Ac lot, semi-custom homes. All utilities are currently in the street adjacent to the site. Mature trees dot the landscape and are an added feature for any new development. Conveniently located, the property fronts Alt 95 at Canal Rd and has quick access to Main Street off of Miller Lane. Please note, this property is recorded as 14.65 acres with the assessor’s office. The sellers are in the process of removing approximately one acre (208x208) on the Northwest corner which has a manufactured home on it with its own fencing. This acre is NOT part of the sale and will be separated prior to close of escrow. Buyer and Buyers agent to verify all information to be accurate.
Highlights
Summary
- Full Bathrooms: 2
- Appliances: Dishwasher, Electric Cooktop, None
- Flooring Type: Carpet, Ceramic Tile, Tile, Vinyl
- Interior: Walk-In Closet(s)
- Total Bedroom Count: 3
- Garage Space: 2 spaces
- Attached Garage: Yes
- Private Pool: No
- Parking: Attached, Garage
- View: Desert, Mountain(s)
- Exterior: Fully Fenced
- Heating: Electric, Forced Air, Natural Gas
- Cooling: Electric
- List Price: $1,750,000
- Price/SqFt: $1,104
- Annual Tax Amount: $3,989
- Tax Year: 2024
- Lot: Landscaped, Level, Open Lot, Sloped Up
- Directions: Hwy 95A
- Year Built: 1968
- Stories: 1
- Living Area: 1,584 SqFt
- Lot Size: 13.65 Acres
- MLS Number: 250003111
- Office Name: Keller Williams Group One Inc.
- Office Phone: (775) 336-3800
- Listing Agent: Dena Lopez, Alexandria Brown
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Price information
Property sales
Date | Event | Price |
---|---|---|
Jun 30, 2004 | Home Sold | $41,312 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2024 | $78,520 | $3,989 |
2023 | $76,897 | $3,886 |
2022 | $73,421 | $3,768 |
History based on county public records data.
Nearby schools
6
Fernley Intermediate School
Public District 5-6
0.8 mi
•320 US Highway 95A S
2
Fernley Elementary School
Public District PK-4
0.9 mi
•450 Hardie Ln
3
Cottonwood Elementary School
Public District PK-4
1.2 mi
•925 Farm District Rd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $66,139. Most Fernley, NV residents have annual incomes between $35k-100k. Residents typically live in married, no kids family. Residents of this area typically have post secondary degree education.
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Frequently asked questions
About 50 N Canal Dr
The listing price of 50 N Canal Dr property is $1,750,000.
The property 50 N Canal Dr is a house located in Fernley, Nevada, 89408.
Active Listing: 50 N Canal Dr is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 50 N Canal Dr are: Fernley Intermediate School (GreatSchools Rating 6/10), Fernley Elementary School (GreatSchools Rating 2/10), Cottonwood Elementary School (GreatSchools Rating 3/10), Silverland Middle School (GreatSchools Rating 3/10), Silver Stage Middle School (GreatSchools Rating 4/10), Lou Mendive Middle School (GreatSchools Rating 5/10), Fernley High School (GreatSchools Rating 4/10), Silver Stage High School (GreatSchools Rating 5/10), Edward C. Reed High School (GreatSchools Rating 3/10).
According to the records, the last property tax for 2024 is $3,989 (source: MLS/based on county public records data).
The last sale was on June 30, 2004 for $41,312 (source: MLS/tax record).
The property at 50 N Canal Dr has 3 bedrooms and 2 bathrooms.
The property 50 N Canal Dr is 1,584 SqFt (source: MLS/tax record).
The year of construction for 50 N Canal Dr is 1968.
This home is located at 50 N Canal Dr in Fernley, NV and zip code 89408. This 1,584 square foot home, which was built in 1968, sits on a 13.65 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since March 13, 2025 and is currently priced at $1,750,000.
In June 2025, from all listings sold in Fernley, NV there were more than 4 sold above asking price, over 9 sold below and more than 20 were sold right at the asked price. The number of listings in Fernley, NV increased by 3.1% between May and June 2025. The median list price of listings available in June 2025 was $392,200, while the average time on the real estate market was 65 days.