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Street View
$2,400,000
Monthly Est:$11,946
9 Beds
- 10 Baths
8,150sqft
1929 US 395, Gardnerville, NV 89410
$2,400,000
$11,946/moEst:
Get Pre-Approved
Quadruplex
Built in 1969
$-- HOA
1.23 acres lot
$294/sq.ft
Description
Welcome to the Topaz Lake Retreat — a rare 8,150 sq.ft. standalone destination property overlooking Topaz Lake with panoramic water and mountain views. Situated on 1.23 acres with over 450 feet of Highway 395 frontage, this highly visible, income-producing opportunity sits just north of the Nevada/California border, offering the perfect blend of tax advantages, tourism traffic, and long-term upside. This property has one of the only Short Term Rental Permits in the area and rents vary. Listing Agent has more information about the variety of rents charged. Occupants work in neighboring cities and keep the property mostly reserved. Originally built in 1969 and rebuilt/expanded in 1989 (per the Douglas County Assessor), the property has been thoughtfully improved (2024/2025) and is currently operating as a short-term rental. The property has NEW PLUMBING & ELECTRICAL, NEW WINDOWS, NEW TANKLESS WATER HEATERS, NEW CABINETS & FIXTURES AND ALL NEW APPLIANCES IN EVERY UNIT. With 11 spacious bedrooms, 6 bathrooms, 4 full kitchens plus a kitchenette, this retreat is ideal for use as a corporate lodge, wellness retreat, boutique hospitality concept, or high-end vacation rental compound. Each unit has been tastefully designed with NEW granite islands/breakfast bars, laminate flooring, washer/dryer (combo) in every unit, and is comes completely furnished. The property also offers 31 dedicated parking spaces, comprised of RV, boat, and standard vehicle parking, making it a rare find for lake visitors, large groups, or event-style hosting. Additionally, there is gated long-term RV storage, creating further passive income potential. Shared potable water, wastewater disposal, and fire protection systems with the adjacent Best Western provide streamlined utility support. With unmatched exposure along Nevada's most traveled highway and unobstructed views of Topaz Lake, this is a one-of-a-kind investment opportunity with multiple revenue pathways — hospitality, retreat rental, corporate leasing, event hosting, or continued STR operations. The property is fully fenced and secure with phenomenal lake views. Truly a one of a kind gem. Property and Stay Features (Interior Features) ; Lakefront and scenic mountain surroundings Comfortable accommodations for short- or extended stays Spacious living areas Fully equipped kitchen Private outdoor space Parking available Peaceful, private setting Recreation and Outdoor Features (Exterior Features); Topaz Lake fishing Boating and water activities Hiking and nature exploration Wildlife and scenic views Outdoor recreation year-round Beautiful sunrise and sunset views Location Benefits ( Outdoor Living Features Quiet lakeside environment Close to outdoor recreation Convenient access to nearby communities and services Ideal for vacationers, outdoor enthusiasts, and extended-stay guests Lots Features Scenic mountain and lake surroundings Peaceful, private setting Outdoor recreation access Natural landscape and open space Year-round recreational potential Convenient access to Topaz Lake ,Lake Tahoe , Markleeville , Bridgeport, California, Coleville Fishing, boating, and hiking nearby Room for outdoor seating and entertaining Parking Rv's/vehicle access Beautiful views and outdoor living opportunities Ideal for a vacation property or investment Quiet retreat away from city congestion
- Houzeo last checked: 1 minute ago
- Listing updated: September 19, 2026 at 4:26 pm
- Listing Provided by: Katrina Karasawa (775) 997-3558 DRE #S.171551, Aaron Wood (775) 900-7318 DRE #S.190038 | RE/MAX Professionals-Reno (775) 345-3070
- Source: Northern Nevada Regional MLS-NV | MLS#: 250057708

Part of
Property Details
Status
Active
Type
Multi Family
No. of Stories
2
County
City
Neighborhood
--
Year Built
1969
HOA Fees
-
Finished Area
8,150 sqft
Lot Size
1.23 acres lot
Basement Area
- sqft
MLS Name
Northern Nevada Regional MLS
MLS Number
250057708
MLS Status
Active
Days on Market
344

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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 9
Bathrooms: 10
Interior
Cooling
Central Air, Electric, Varies By Unit
Window Features
Double Pane Windows, Low Emissivity Windows, Vinyl Frames, Window Coverings
Appliances
Water Softener Owned, Dishwasher, Disposal, Electric Oven, Electric Range, Microwave, Refrigerator, Washer
Interior Features
High Ceilings, Smart Thermostat
Flooring
Carpet, Laminate
Exterior Features
Multiple Entry Flat Or Ramped, Rain Gutters
Sewer
Septic Tank
Heating
Electric, Forced Air, Propane, Varies By Unit
Construction
Year Built
Year Built: 1969
Home type
Quadruplex
Foundation Details
Slab
Construction Materials
Frame, Stucco
Roof
Metal, Pitched
Utilities & Energy
Laundry Features
Common Area, In Unit
Utilities
Cable Available, Electricity Connected, Electricity Not Available, Internet Available, Sewer Not Available, Cellular Coverage, Underground Utilities, Water Meter Installed
Pool Features
None
Security Features
Fire Sprinkler System, Keyless Entry, Security Fence, Security Gate, Security System, Security System Owned, Smoke Detector(s)
Parking Features
Assigned, Attached, Common, Garage, Garage Door Opener, Parking Pad, Rv Access/parking, Tandem, Varies By Unit
Water Source
Well
Other Features
Lot Features
Corner Lot, Level, Sloped Down
Tenant Pays
Janitorial Service
Patio And Porch Features
Deck
Price History
| Date | Event | Price |
|---|---|---|
06/10/2026 Source: | Price Decreased | $2,400,000 -7.69% $294/sqft |
04/02/2026 Source: | Price Decreased | $2,600,000 -7.14% $319/sqft |
10/31/2025 Source: | Listed for Sale | $2,800,000 $344/sqft |
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Based on information from the Northern Nevada Regional Multiple Listing Service® through Oct 10, 2026, 03:00PM. IDX information is provided exclusively for consumers’ personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of the content displayed here other than by a search performed by a consumer looking to purchase or rent real estate is prohibited. Any suspected “scraping” would be reported to NNRMLS for immediate investigation and action. IDX information is deemed reliable but not guaranteed. The content relating to real estate for sale on this website comes in part from the IDX program of the Northern Nevada Regional Multiple Listing Service®. Real estate listings held by brokerage firms other than Congress Realty, Inc. includes the name of the listing brokerage. © 2026 Northern Nevada Regional Multiple Listing Service®, Inc. All rights reserved.
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