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1286 Chardonnay Drive, Gardnerville, NV 89460 Photo
1286 Chardonnay Drive, Gardnerville, NV 89460 Photo
1286 Chardonnay Drive, Gardnerville, NV 89460 Photo
1286 Chardonnay Drive, Gardnerville, NV 89460 Photo
1286 Chardonnay Drive, Gardnerville, NV 89460 Photo
1286 Chardonnay Drive, Gardnerville, NV 89460 Photo
1286 Chardonnay Drive, Gardnerville, NV 89460 Photo
1286 Chardonnay Drive, Gardnerville, NV 89460 Photo
1286 Chardonnay Drive, Gardnerville, NV 89460 Photo
1286 Chardonnay Drive, Gardnerville, NV 89460 Photo
1286 Chardonnay Drive, Gardnerville, NV 89460 Photo
1286 Chardonnay Drive, Gardnerville, NV 89460 Photo
1286 Chardonnay Drive, Gardnerville, NV 89460 Photo
1286 Chardonnay Drive, Gardnerville, NV 89460 Photo
1286 Chardonnay Drive, Gardnerville, NV 89460 Photo
1286 Chardonnay Drive, Gardnerville, NV 89460 Photo
1286 Chardonnay Drive, Gardnerville, NV 89460 Photo
1286 Chardonnay Drive, Gardnerville, NV 89460 Photo
1286 Chardonnay Drive, Gardnerville, NV 89460 Photo
1286 Chardonnay Drive, Gardnerville, NV 89460 Photo
1286 Chardonnay Drive, Gardnerville, NV 89460 Photo
1286 Chardonnay Drive, Gardnerville, NV 89460 Photo
1286 Chardonnay Drive, Gardnerville, NV 89460 Photo
1286 Chardonnay Drive, Gardnerville, NV 89460 Photo
1286 Chardonnay Drive, Gardnerville, NV 89460 Photo
1286 Chardonnay Drive, Gardnerville, NV 89460 Photo
1286 Chardonnay Drive, Gardnerville, NV 89460 Photo
1286 Chardonnay Drive, Gardnerville, NV 89460 Photo
1286 Chardonnay Drive, Gardnerville, NV 89460 Photo
1286 Chardonnay Drive, Gardnerville, NV 89460 Photo
1286 Chardonnay Drive, Gardnerville, NV 89460 Photo
1286 Chardonnay Drive, Gardnerville, NV 89460 Photo
1286 Chardonnay Drive, Gardnerville, NV 89460 Photo
1286 Chardonnay Drive, Gardnerville, NV 89460 Photo
1286 Chardonnay Drive, Gardnerville, NV 89460 Photo
1286 Chardonnay Drive, Gardnerville, NV 89460 Photo
1286 Chardonnay Drive, Gardnerville, NV 89460 Photo
1286 Chardonnay Drive, Gardnerville, NV 89460 Photo
1286 Chardonnay Drive, Gardnerville, NV 89460 Photo
1286 Chardonnay Drive, Gardnerville, NV 89460 Photo
1286 Chardonnay Drive, Gardnerville, NV 89460 Photo
1286 Chardonnay Drive, Gardnerville, NV 89460 Photo
1286 Chardonnay Drive, Gardnerville, NV 89460 Photo
1286 Chardonnay Drive, Gardnerville, NV 89460 Photo
1286 Chardonnay Drive, Gardnerville, NV 89460 Photo
1286 Chardonnay Drive, Gardnerville, NV 89460 Photo
1286 Chardonnay Drive, Gardnerville, NV 89460 Photo
1286 Chardonnay Drive, Gardnerville, NV 89460 Photo
1286 Chardonnay Drive, Gardnerville, NV 89460 Photo
1286 Chardonnay Drive, Gardnerville, NV 89460 Photo
1286 Chardonnay Drive, Gardnerville, NV 89460 Photo
1286 Chardonnay Drive, Gardnerville, NV 89460 Photo
1286 Chardonnay Drive, Gardnerville, NV 89460 Photo
1286 Chardonnay Drive, Gardnerville, NV 89460 Photo
1286 Chardonnay Drive, Gardnerville, NV 89460 Photo
1286 Chardonnay Drive, Gardnerville, NV 89460 Photo
1286 Chardonnay Drive, Gardnerville, NV 89460 Photo
1286 Chardonnay Drive, Gardnerville, NV 89460 Photo
1286 Chardonnay Drive, Gardnerville, NV 89460 Photo
1286 Chardonnay Drive, Gardnerville, NV 89460 Photo
1286 Chardonnay Drive, Gardnerville, NV 89460 Photo
1286 Chardonnay Drive, Gardnerville, NV 89460 Photo
1286 Chardonnay Drive, Gardnerville, NV 89460 Photo
1286 Chardonnay Drive, Gardnerville, NV 89460 Photo
1286 Chardonnay Drive, Gardnerville, NV 89460 Photo
1286 Chardonnay Drive, Gardnerville, NV 89460 Photo
1286 Chardonnay Drive, Gardnerville, NV 89460 Photo
1286 Chardonnay Drive, Gardnerville, NV 89460 Photo
1286 Chardonnay Drive, Gardnerville, NV 89460 Photo
1286 Chardonnay Drive, Gardnerville, NV 89460 Photo
1286 Chardonnay Drive, Gardnerville, NV 89460 Photo
1286 Chardonnay Drive, Gardnerville, NV 89460 Photo
1286 Chardonnay Drive, Gardnerville, NV 89460 Photo
1286 Chardonnay Drive, Gardnerville, NV 89460 Photo
1286 Chardonnay Drive, Gardnerville, NV 89460 Photo
1286 Chardonnay Drive, Gardnerville, NV 89460 Photo
1286 Chardonnay Drive, Gardnerville, NV 89460 Photo
1286 Chardonnay Drive, Gardnerville, NV 89460 Photo
1286 Chardonnay Drive, Gardnerville, NV 89460 Photo
1286 Chardonnay Drive, Gardnerville, NV 89460 Photo
1286 Chardonnay Drive, Gardnerville, NV 89460 Photo
1286 Chardonnay Drive, Gardnerville, NV 89460 Photo
1286 Chardonnay Drive, Gardnerville, NV 89460 Photo
1286 Chardonnay Drive, Gardnerville, NV 89460 Photo
1286 Chardonnay Drive, Gardnerville, NV 89460 Photo
1286 Chardonnay Drive, Gardnerville, NV 89460 Photo
1286 Chardonnay Drive, Gardnerville, NV 89460 Photo
1286 Chardonnay Drive, Gardnerville, NV 89460 Photo
1286 Chardonnay Drive, Gardnerville, NV 89460 Photo
1286 Chardonnay Drive, Gardnerville, NV 89460 Photo
1286 Chardonnay Drive, Gardnerville, NV 89460 Photo
1286 Chardonnay Drive, Gardnerville, NV 89460 Photo
1286 Chardonnay Drive, Gardnerville, NV 89460 Photo
1286 Chardonnay Drive, Gardnerville, NV 89460 Photo
1286 Chardonnay Drive, Gardnerville, NV 89460 Photo
1286 Chardonnay Drive, Gardnerville, NV 89460 Photo
1286 Chardonnay Drive, Gardnerville, NV 89460 Photo
1286 Chardonnay Drive, Gardnerville, NV 89460 Photo
1286 Chardonnay Drive, Gardnerville, NV 89460 Photo
1286 Chardonnay Drive, Gardnerville, NV 89460 Photo
1286 Chardonnay Drive, Gardnerville, NV 89460 Photo
1286 Chardonnay Drive, Gardnerville, NV 89460 Photo
1286 Chardonnay Drive, Gardnerville, NV 89460 Photo
1286 Chardonnay Drive, Gardnerville, NV 89460 Photo
1286 Chardonnay Drive, Gardnerville, NV 89460 Photo
1286 Chardonnay Drive, Gardnerville, NV 89460 Photo
1286 Chardonnay Drive, Gardnerville, NV 89460 Photo
1286 Chardonnay Drive, Gardnerville, NV 89460 Photo
1286 Chardonnay Drive, Gardnerville, NV 89460 Photo
1286 Chardonnay Drive, Gardnerville, NV 89460 Photo

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1286 Chardonnay Drive
Gardnerville, NV 89460
$1,800,000
12 Beds | 8 Baths | 5702 sqft | 0.49 Acreage

Exceptional Turn-Key Four-Plex Investment Opportunity in the highly desirable Gardnerville Ranchos. Rarely does a low-overhead, self-manageable asset this well maintained come to market. Situated at the very end of Chardonnay Drive on approximately one-half acre, this clean duplex pair is configured as a cohesive four-plex sharing a common driveway. The private, peaceful setting features stunning, unobstructed panoramic Sierra Nevada Mountain views and adjoins open space where the former Bing Quarry once operated. The asset consists of four spacious, single-story units totaling approximately 5,702 square feet of total living space. Each residence offers a high-demand layout featuring 1,425 square feet, 3 bedrooms, 2 bathrooms, and an attached oversized 2-car garage with built-in storage. The units boast a thoughtfully designed open-concept floor plan with vaulted ceilings, generous storage, and separate laundry rooms with full-size washer and dryer hookups. With all four units currently occupied by responsible tenants, this is a true turnkey investment. Ownership has enjoyed an impeccable tenant history with a flawless, near-zero historical vacancy rate over the past 23 years, providing investors with long-term stability and consistent cash flow. Significant capital improvements have already been completed to minimize near-term capital expenditure liabilities, including brand-new roofs completed in 2024 and fresh full exterior paint in 2025. Every unit features a fully fenced yard space with expansive lawns, concrete patios, central gas forced-air heating, gas water heaters, and well-equipped kitchens with a dishwasher, disposal, microwave hood, and electric range. Several units have been extensively updated, including new luxury vinyl plank flooring, fresh interior paint, upgraded lighting, ceiling fans, electrical outlets and switches, new garage door systems, a new furnace, central air conditioning, a new water heater, and updated bathroom fixtures. Select units also enjoy panoramic mountain views and private storage sheds to further maximize tenant appeal. Please contact the listing agent for a complete breakdown of improvements and upgrades by unit. The property currently generates 9,060 dollars per month in gross rental income and is offered at an approximate 5.50 cap rate based on actual numbers. Low operational overhead is driven by ultra-low fixed annual expenses. For investors looking to maximize returns, current market rents for comparable premium 3-bedroom, 2-bath homes indicate a clear path to approximately 9,800 dollars per month in gross rental income equating to an estimated 6.00 cap rate at the 1,800,000 asking price. This presents an outstanding opportunity for buyers seeking immediate cash flow upside with minimal capital improvements, making it ideal for those completing a 1031 exchange and looking to park capital in a premium, low-maintenance Northern Nevada asset. Whether you are expanding your portfolio or searching for a premier income-producing property in one of Gardnerville's most desirable locations, 1286 Chardonnay Drive offers an outstanding, hard-to-replicate combination of stable cash flow, proven historical occupancy, and recent capital improvements with absolutely no HOA fees or restrictions.

Listed By / Presented By

Listed By

Agency Name: Dickson Realty - Gardnerville
Agent Name: Chris Walker
Agency Phone: 775-392-3774
Agent Phone: 775-552-5754

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Presented By

Agent Name: Tiana Coffindaffer
Agent Phone: 775.737.5900
Agency Title: Chase International Real Estate

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Property Details

Property Type: Multi Unit - Multiple
Cooling: Central Air
Heating: Forced Air, Natural Gas
Lot Size: 0.49 Acres
Roof Type: Composition, Shingle
Taxes: $5,874
Year Built: 1995
MLS ID: 260010094

Units

Studio Units:
Bathroom(s): 2
Rent: $2500.00
Square Footage: 1425.5
Total Units: 1
1 Bedroom Units:
Bathroom(s): 2
Rent: $2200.00
Square Footage: 1425.5
Total Units: 1
2 Bedroom Units:
Bathroom(s): 2
Rent: $2260.00
Square Footage: 1425.5
Total Units: 1
3 Bedroom Units:
Bathroom(s): 2
Rent: $2100.00
Square Footage: 1425.5
Total Units: 1

Feature Descriptions

Appliances: Disposal, Dishwasher, Electric Oven, Electric Range, Microwave, Self Cleaning Oven
Construction Type: Site/Stick-Built
Cooling Y/N: Yes
Exterior: Wood Siding
Fencing: Back Yard, Full, Front Yard
Flooring: Carpet, Luxury Vinyl, Vinyl
Foundation: Crawl Space
Heating Y/N: Yes
Laundry Features: In Unit, Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup
Lot Features: Corner Lot, Landscaped, Level, Sprinklers In Front, Sprinklers In Rear
OtherStructures: Shed(s)
Owner Pays: Exterior Maintenance, Sewer, Water
Parcel #: 1220-16-311-012
Parking: Attached, Garage, Garage Door Opener
Patio/Porch: Patio
Pool Features: None
Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
Sewer: Public Sewer
Sprinklers: Automatic, Front, Rear
Tenant Pays: Cable TV, Electricity, Gas, Internet, Trash Collection, Telephone
Units: 4
Units Furnished: None
Utilities: Cellular Coverage, Internet Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected, Underground Utilities
Water: Public
Window Features: Aluminum Frames, Blinds, Double Pane Windows

Amenities

Ceiling Fan(s)

Schools

High School: Douglas
Middle School: Pau-Wa-Lu
Elementary School: Meneley

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Demographics

Estimate My Payments

  • Estimated Payment
    $5,020.52
  • Principal & Interest
    $4,006.02
  • Property Tax
    $489.50
  • Homeowner's Insurance
    $525.00
(Payments are an estimate and may vary by lender)

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