Here is your chance to own a Log Cabin on 40.00 acres with 360 views and water rights in Smith Valley! It just needs your finishing touches! Call your favorite Water Rights Appraiser to learn more about Storage Water Rights and your favorite Realtor today to book a showing and to view the recent documents. This property is part of a Probate and is subject to court approval.
Single-familyProperty Type
1996Year Built
40 acresLot Size
$346Est. Price/Sq.Ft.
Listed by Laurie Mookini•DRE #S.177525• Sierra Nevada Properties-Frnly
Bought with Andrew Fisk•DRE #S.185288• Sierra Nevada Properties-Reno
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Earn from this home
Refinance
$0
Est. cash available
Get cash now or lower your monthly rate
Rent
$2,882/mo
Redfin rental estimate
List your home for rent
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 687 Upper Colony Rd
Date
Event
Price
NNRMLS #240008961
Aug 30, 2024
Sold
$426,000
$294/sq ft
Aug 20, 2024
Pending
—
Jul 23, 2024
Contingent
—
Jul 15, 2024
Listed
$400,000
$276/sq ft
Public Records
Jan 30, 2004
Sold
$365,882
$252/sq ft
NNRMLS #30003455
Aug 30, 2003
Listing Removed
—
Aug 4, 2003
Listed
$408,000
$281/sq ft
NNRMLS #1099938
Aug 30, 2003
Listing Removed
—
Sep 24, 2001
Listed
$408,000
$281/sq ft
NNRMLS #1099941
Aug 30, 2003
Listing Removed
—
Sep 24, 2001
Listed
$408,000
$281/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$4,334 (+5.6%)
$51,975 + $42,809
$94,784
2024
$4,105 (+11.5%)
$31,500 + $43,640
$75,140
2023
$3,681 (+64.7%)
$31,500 + $40,993
$72,493
2022
$2,235 (−29.6%)
$25,200 + $38,514
$63,714
2021
$3,172 (+3.3%)
$25,200 + $37,779
$62,979
2020
$3,071 (+1.9%)
$25,200 + $35,853
$61,053
2019
$3,015 (+1.9%)
$25,200 + $34,768
$59,968
2018
$2,958 (+3.8%)
$25,200 + $34,036
$59,236
2017
$2,849 (+6.3%)
$25,200 + $34,198
$59,398
2016
$2,681 (+4.0%)
$25,200 + $34,956
$60,156
2014
$2,578
$19,850 + $34,316
$54,166
Tax history for 687 Upper Colony Rd
Year
Property tax
Land + Additions
Assessment*
2025
$4,334 (+5.6%)
$51,975 + $42,809
$94,784
2024
$4,105 (+11.5%)
$31,500 + $43,640
$75,140
2023
$3,681 (+64.7%)
$31,500 + $40,993
$72,493
2022
$2,235 (−29.6%)
$25,200 + $38,514
$63,714
2021
$3,172 (+3.3%)
$25,200 + $37,779
$62,979
2020
$3,071 (+1.9%)
$25,200 + $35,853
$61,053
2019
$3,015 (+1.9%)
$25,200 + $34,768
$59,968
2018
$2,958 (+3.8%)
$25,200 + $34,036
$59,236
2017
$2,849 (+6.3%)
$25,200 + $34,198
$59,398
2016
$2,681 (+4.0%)
$25,200 + $34,956
$60,156
2014
$2,578
$19,850 + $34,316
$54,166
*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
3
Baths
2
Stories
—
Lot width
—
Lot depth
—
Lot size
40 Acres
Year renovated
—
Sq. Ft.
1,450
Year built
1996
Style
Single Family Residential
County
Lyon County
APN
010-071-02
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Sep 8, 2026.
RR-5
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 5 gross acres. Unless otherwise specified in this development code, no more than one primary residence per parcel is permitted in this zoning district. The RR-5 zone implements the Rural Residential land use designation of the Master Plan in Rural Character districts.
Permitted uses
Include but are not limited to:
Greenhouse / nursery
Livestock production
Winery & vineyard
Religious facility
Housing-Group
Housing-Single unit
Fire house
Police station
Golf related
Park & open space
Property details
Parking
Parking Information
Parking Features: None, RV Access/Parking
Carport YN: No
Interior
Virtual Tour Information
Bathroom Information
# of Bathrooms (Full): 2
Interior Features
Ceiling Fan(s)
Laundry Features: In Kitchen, Laundry Area
Appliances: None
Has Fireplace
Fireplace Features: Wood Burning Stove
Window Features: Double Pane Windows, Low-Emissivity Windows