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Hwy 208/albite, 
Wellington, NV 89444

$9,000,000


Bed


Bath


-

Sq Ft


1553.00

Acres (Lot)


Land

Active

Listed by

Michelle Mcgrath

775-720-5768

Last updated:

May 8, 2025, 01:43 AM

MLS#

240006022

Source:

NV NNRMLS

About This Land

Hwy 208/albite

Possibilities are endless for this property. There are 36 forty-acre parcels totaling 1,553 acres currently in Ag use. Hard zoning overlay includes SFR 2, RA 5, MFR, TC and GC for potential development. Water Will Serves have been acquired from TRE GID and municipal grade well is onsite. Three phase power is on or near all parcels. Property can be subdivided for several hundred units, sold as individual 40 acre parcels for ranchettes or kept in Ag use. PROPERTY BEING SOLD INCLUDES ALL 40-ACRE PARCELS Water rights are available for additional $7,200,000 if property is kept in Ag use and irrigation equipment may be purchased separately. Access and utility easements are recorded against the property. Onsite well was drilled one year ago a cost of $350,000 included in purchase price. Located 3 miles east of Holbrook Junction, across from Albite and on the south side of Hwy 208. The property has a slight slope from north to south and has amazing mountain views in every direction. Topaz Lake is 1 mile to the west as the crow flies or a 5 mile drive. Walmart, medical and other services are approximately 20 miles north on Hwy 395. There are three scenarios offered by this property: (1) Perfect opportunity for a residential or commercial developer to maximize existing allowed density; (2) flipping 40 acre parcels to individuals in search of wide open space, privacy with a rare asset of three phase power to the site; (3) retain the ag status and continue to cultivate the land..

Land Facts

Description/Design:

Land

Lot Size (Acres)

1553.00

MLS #:

240006022

Last Updated:

May 8, 2025, 01:43 AM

Added:

a year ago


Finances & Disclosures

Finances

Price:

$9,000,000

Source:NV NNRMLS
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Yes, I would like more information from Coldwell Banker. Please use and/or share my information with a Coldwell Banker agent to contact me about my real estate needs.

By clicking Contact I agree a Coldwell Banker Agent may contact me by phone or text message including by automated means and prerecorded messages about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.