HUGE PRICE REDUCTION! DON'T MISS OUT ON THIS BEAUTIFUL ACREAGE, AS IT IS PRICED TO SELL FAST! Come Find Your Freedom in Smith Valley at 254 Lower Colony Rd Wellington, Nevada 89444! Beautiful custom two story home has 4 bedrooms & 2.5 baths on 25+/- acres of land. Guest House(above 960 sq/ft shop)features 1 bedroom, 1 bath, laundry, kitchen, dining, living room and office (potential for a 2nd bedroom). 12 Ac/Ft of storage water rights are included in sale! You can Hunt your own Land!, Both the Main house and the Guest house have been newly remodeled and updated including new roofs in 2017 and freshly painted the year before. All the Furniture is Negotiable! All of the major appliances, including the HVAC, most plumbing and water softening system have been replaced. Property includes a 3,600 square foot Quonset Hut building which could be used for cars, horses, hay, livestock etc. The gourmet kitchen includes a center island, stainless steel appliances, custom cabinetry, granite counter tops, six foot ledge-back cast iron drain sink, and a walk-in pantry. The main level of the house includes a living area with French doors leading out onto the covered porch for indoor/outdoor entertainment convenience as well as a laundry room, half bath, dining room and library/parlor with bay windows. Second floor includes master suite with floor to ceiling windows on one end and a master bath with double sinks, custom cabinet, granite counter top, travertine tile, versi flooring, a separate shower and over-sized Kohler spa tub. There are three additional bedrooms and guest bath, as well as a walk-in finished Attic. The large (432 sq/ft) finished basement is currently being used as a "man cave, " but would also make a wonderful game room or den. Approximately 25 acres of gently sloping land with amazing mountain and valley views bordered on two sides by conservation lands down to the West Walker River. Pasture is fenced and cross-fenced. There is approximately 4 acres on the west side of the home used for hay production. This property is a Magnet for many species of Wildlife! Bring all the animals, this is a perfect hobby farm set-up! Only 27 highway miles to Gardnerville and minutes from Smith Valley Schools. A Pre-Approval or Proof of Funds Letter is Required for all Approved showings.
Single-familyProperty Type
1996Year Built
24.18 acresLot Size
$342Est. Price/Sq.Ft.
5 car garageParking
Listed by John Parsons•DRE #B.1002529• U.C./Legacy Farm & Ranch
Bought with Christy Degenhart•DRE #BS.145904• RE/MAX Realty Affiliates
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Earn from this home
Refinance
$0
Est. cash available
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Rent
$3,843/mo
Redfin rental estimate
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Market trends in 89444, NV
Last updated August 2026
Buyer's Market
Seller's Market
Buyer's market
Sale-to-List Price
96.8%
0.6% MoM
Median sale price
$727K
$22K MoM
Avg. days on market
107d
1 days MoM
Recently sold homes
14
3 MoM
Provided by Redfin
Sale history for 254 Lower Colony Rd
Date
Event
Price
NNRMLS #190003802
Aug 15, 2019
Sold
$540,000
$217/sq ft
Jul 8, 2019
Contingent
—
Jun 13, 2019
Price Changed
$550,000
$221/sq ft
Jun 3, 2019
Price Changed
$579,800
$233/sq ft
Mar 28, 2019
Listed
$584,900
$235/sq ft
NNRMLS #180009426
Nov 17, 2018
Listing Removed
—
Sep 7, 2018
Price Changed
$597,500
$241/sq ft
Jul 2, 2018
Listed
$599,000
$241/sq ft
NNRMLS #170013898
Jun 18, 2018
Listing Removed
—
May 9, 2018
Price Changed
$599,000
$241/sq ft
Feb 1, 2018
Price Changed
$623,500
$251/sq ft
Sep 20, 2017
Listed
$624,000
$251/sq ft
NNRMLS #160010708
Jan 18, 2017
Listing Removed
—
Jul 19, 2016
Listed
$524,000
$211/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$4,734 (+7.6%)
$42,000 + $88,371
$130,371
2024
$4,402 (+8.8%)
$42,000 + $90,143
$132,143
2023
$4,045 (+9.2%)
$42,000 + $83,851
$125,851
2022
$3,705 (+2.1%)
$25,200 + $75,298
$100,498
2021
$3,629 (+1.3%)
$25,200 + $73,331
$98,531
2020
$3,582 (+2.7%)
$25,200 + $72,724
$97,924
2019
$3,487 (+2.3%)
$25,200 + $70,624
$95,824
2018
$3,410 (+3.1%)
$25,200 + $69,118
$94,318
2017
$3,308 (+6.0%)
$25,200 + $66,767
$91,967
2016
$3,121 (+1.6%)
$23,940 + $68,034
$91,974
2014
$3,071
$19,160 + $67,547
$86,707
Tax history for 254 Lower Colony Rd
Year
Property tax
Land + Additions
Assessment*
2025
$4,734 (+7.6%)
$42,000 + $88,371
$130,371
2024
$4,402 (+8.8%)
$42,000 + $90,143
$132,143
2023
$4,045 (+9.2%)
$42,000 + $83,851
$125,851
2022
$3,705 (+2.1%)
$25,200 + $75,298
$100,498
2021
$3,629 (+1.3%)
$25,200 + $73,331
$98,531
2020
$3,582 (+2.7%)
$25,200 + $72,724
$97,924
2019
$3,487 (+2.3%)
$25,200 + $70,624
$95,824
2018
$3,410 (+3.1%)
$25,200 + $69,118
$94,318
2017
$3,308 (+6.0%)
$25,200 + $66,767
$91,967
2016
$3,121 (+1.6%)
$23,940 + $68,034
$91,974
2014
$3,071
$19,160 + $67,547
$86,707
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
4
Baths
3
Stories
—
Lot width
—
Lot depth
—
Lot size
24.18 Acres
Year renovated
—
Sq. Ft.
2,484
Year built
1995
Style
Single Family Residential
County
Lyon County
APN
010-301-08
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 24, 2026.
RR-20
Rural Residential District
This zone is intended to promote the development of single-family detached units at a density and character compatible with agricultural and other rural and suburban fringe uses with a minimum lot size of 20 acres. Unless otherwise specified in this code, no more than one primary residence per parcel is permitted in this zoning district. The RR-20 zone implements the Rural Residential land use designation of the Master Plan in Rural Character districts.
Permitted uses
Include but are not limited to:
Equestrian facility
Greenhouse / nursery
Livestock production
Winery & vineyard
Housing-Group
Housing-Single unit
Fire house
Police station
Golf related
Park & open space
Property details
Parking
Parking Information
# of Garage Spaces: 5
Parking Total: 5
Carport YN: No
Has Garage
Interior
Bathroom Information
# of Bathrooms (Full): 2
# of Bathrooms (Half): 1
Interior Features
Ceiling Fan(s), Kitchen Island, Pantry
Laundry Features: Laundry Room, Cabinets, Shelves, Laundry Area
Appliances: Dryer, Dishwasher, Electric Oven, Electric Range, Microwave, Refrigerator, Washer, Water Softener Owned, Oven