#250005939, Steve OBrien, Listing office: RE/MAX Professionals-Reno
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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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/9/2025, 3:40:36 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,750,000
50 N Canal Dr
$10,000
closing credit¹
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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. The majority of Fernley, NV residents have income between $35k-100k annually. Most families are married, no kids. Typical level of education for residents in this area is post secondary degree.
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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.
Over 13 listings were sold over their listed price in May 2025 in Fernley, NV. In the same period over 10 listings were sold below the listed price and 18 listings were sold for the listed price. The number of homes for sale in Fernley, NV increased by 11.8% between April and May 2025. In May 2025 median list price was $391,597 and the average listing age was 94 days.