50 N Canal Drive Fernley NV 89408 MLS #250003111

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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 (208×208) 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.
Current real estate data for Single Family in Fernley as of Oct 03, 2025
86
Single Family Listed
60
Avg DOM
267
Avg $ / SqFt
$499,260
Avg List Price

Property Details

Price:
$1,750,000
MLS #:
250003111
Status:
Active
Beds:
3
Baths:
2
Type:
Single Family
Subtype:
Single Family Residence
Listed Date:
Jan 27, 2025
Finished Sq Ft:
1,584
Total Sq Ft:
1,584
Lot Size:
594,594 sqft / 13.65 acres (approx)
Year Built:
1968
OutbuildingCommunity EquestrianFernleyFernleyFernley

Schools

Elementary School:
Fernley
Middle School:
Fernley
High School:
Fernley

Interior

Appliances
Dishwasher, Electric Cooktop, None
Bathrooms
2 Full Bathrooms
Cooling
Electric
Flooring
Carpet, Ceramic Tile, Tile, Vinyl
Heating
Electric, Forced Air, Natural Gas
Laundry Features
In Kitchen

Exterior

Construction Materials
Vinyl Siding
Exterior Features
Multiple Entry Flat or Ramped
Other Structures
Barn(s), Corral(s), Outbuilding
Parking Features
Attached, Garage
Parking Spots
2
Roof
Composition, Pitched, Shingle

Financial

Taxes
$3,753

Map

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Property Summary

    50 N Canal Drive Fernley NV is a Single Family for sale in Fernley, NV, 89408. It is listed for $1,750,000 and features 3 beds, 2 baths, and has approximately 1,584 square feet of living space, and was originally constructed in 1968. The current price per square foot is $1,105. The average price per square foot for Single Family listings in Fernley is $267. The average listing price for Single Family in Fernley is $499,260. To schedule a showing of MLS#250003111 at 50 N Canal Drive in Fernley, NV, contact your Compass agent at 530-541-2465.

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