10.01 Acres ~ Nevada Land ~ Rye Patch Reservoir ~ $26.9K

Imagine owning a lot and having the opportunity to take friends and family to a cabin with no fees attached. That’s right, Humboldt River Ranches on the beautiful rye patch reservoir offers free use of their beautiful cabins for up to 60 days in a calendar year by simply being a property owner.

As an owner in the Humboldt river ranch association you, your family and friends are provided free use of the available cabins, rv and storage, free of charge, and access to one of northern Nevada’s hidden treasures….the rye patch reservoir. An amenity like this would typically be a significant cost in association dues, but not here! For just $21 per month, all association dues are covered.

This 10.01 acre, completely buildable parcel has been land banked for decades.The property is a short drive east of Lovelock, Nevada and has excellent access off Interstate 80 (Rye Patch Dam Rd. Exit 129). Feel free to visit the property and even walk the property.

Buying land in Nevada may be one of the best options you can make. There are several benefits to owning land in Northern Nevada, including taxes, limited building restrictions, the price of owning land, low property tax rates, plenty of outdoor recreation and great weather.

Lovelock is a short drive to Reno/Lake Tahoe. This could be your perfect chance to build your dream home and capitalize on today’s low real estate prices, while seeing the huge upside potential of future growth in the region.

This property can be accessed from Interstate 80 and Rye Patch Dam Rd (exit 129). Take a drive out to the property and see for yourself how much beauty there is! Don’t miss your chance to own land this cheap!!

LEGAL DESCRIPTION:

Pershing County, Nevada

12005 Wild Horse Canyon Rd, Lovelock, NV 89419

Humboldt River Ranches Lot 33 Phase B SE4 Sec3 R33E T30N

DRIVING DIRECTIONS:

Exit Interstate 80 at Rye Patch Reservoir Rd. (Exit 129) Go east just passed the gas station and the road splits. Stay on the left side, which continues straight. Make a left or head north on Pyramid Lake Rd. to Indian Creek Trail make a right or head east. The road continues to about 1/2 mile and then bends north. Continue on until you reach Wildhorse Canyon Rd. and head east or go right. The property is located approximately .5 miles on the right hand side of the street.

PROPERTY PRICE:

The purchase price of this property is $26,895 and payment options are as follows (example with $495 as the down payment):

$26,400 financed over 10 years at 0% = $220 ($244/mo total, includes property taxes and association dues)

$25,550 (5% discount for 7 year note) financed over 7 years at 0% = $304 ($328/mo total, includes property taxes and association dues)

$24,205 (10 % discount for 5 year note) financed over 5 years at 0% = $403 ($427/mo total, includes property taxes and association dues)

EVERYONE QUALIFIES!! NO PREPAYMENT PENALTY!! PROPERTY IS SOLD WITH A LAND CONTRACT WITH GRANT BARGAIN, SALE DEED EXECUTED UPON COMPLETION OF PAYMENTS!

PROPERTY SIZE: 10.01 Acres – Approx. 436,035 sqft.+/-

PROPERTY COMPARABLES:

These lots were being sold upwards of $100K in 2005 and 2006. These are still being sold for $30K-$50K.

PROPERTY RESTRICTIONS:

There are CC&R’s with the Humboldt River Ranches, but no time limit to build on this property. Call Pershing County for any detailed questions. For more information feel free to contact Pershing County Planning Department or Humboldt River Ranch Association.

TITLE INFORMATION:

These parcels were purchased with title insurance and have a CLEAN TITLE. This property will be delivered free and clear of any liens.

SUBDIVISION INFORMATION:

THERE IS A MAINTAINED ROAD THAT RUNS ALONG THE WEST SIDE OF THE PROPERTY. THE SUBDIVISION ALSO ATTACHES TO SEVERAL THOUSAND ACRES OF BLM LAND TO THE EAST THAT CAN BE USED FOR RECREATIONAL PURPOSES, ALONG WITH THE RYE PATCH RESERVOIR WHICH IS ALSO SURROUNDING BY BLM LAND.

The property is flat to slightly rolling. Water by well at approximately 75-150 feet (residential wells permitted by the county). Power is on the property. There are county dirt roads and BLM roads (Bureau of Land Management), throughout the area. The property is located within a mile of the Rye Patch Reservoir, approximately 22 miles north of Lovelock, approximately 20 miles west of Unionville, 30 miles southwest of Winnemucca and .25 miles east of Interstate 80, which is the main corridor through Northern Nevada.

PROPERTY TAX:

Approximately $100.00 per year and will be paid current through 2013. The property tax payment will be broken down into 12 monthly installments along with the association dues. The association dues are $256/year and property taxes are $100/year, which is a total of $356 and broken into 12 payments of $30 and added to the monthly payment.

CONVEYANCE DOCUMENT:

Grant, Bargain, Sale Deed upon completion of Land Contract

CLOSING FEES AND INFORMATION:

The deposit covers all closing fees. No other fees are assessed upon closing. The only yearly fees are the very low property taxes. We accept Cashiers Checks, Wire Transfers, Personal Checks.

SURROUNDING AREA

This property is within a short drive to Lovelock. Whether you are looking for a fun day of hiking or off-roading or just simply exploring God’s Country, Northern Nevada is the place.

Lovelock, Nevada:

Elevation 4,511 ft.

Avg. Ann. Precip. 8.77 in

Average Yearly Temp. High 68 Low 33

Distance to Major Cities:

Reno, NV (Tahoe) – 130 miles

Boise, ID – 400 miles

Elko, NV – 190 miles

Salt Lake City, UT – 330 miles

*All figures shown are approximate values.

Transportation Major Highways:

Interstate 80 Westbound – Reno, NV

Eastbound – Salt Lake City, UT

U.S. Highway 95 Southbound – Las Vegas, NV

Northbound – Boise, ID

Airport:

Lovelock Municipal Airport – 5,500 ft. runway

Elko Airport – 70 miles