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5 Acres Only $1Dn, $199/Mo

Montello, NV 89830

Elko County, Nevada

5 Acres
$8,999 USD
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Land Description

This property is located in the high desert in northern Nevada. The property is 1 hour and 45 minutes to Elko and 2 hours and 35 minutes to the Great Salt Lake.

The property has access via a dirt road.

“Ninety percent of all millionaires become so through owning real estate. More money has been made in real estate than in all industrial investments combined. The wise young man or wage earner of today invests his money in real estate.” - Andrew Carnegie, billionaire industrialist

The lot is zoned Open Space (Os), which allows for residential or agricultural uses, including mobile homes. According to our research, RVs can be used on a long-term basis so long as they are hooked up to a septic system, but we do recommend that you call the Elko Planning and Zoning Department to confirm this.

Cash Discount Purchase Price $8,999 + $395 Document Fee

We accept payment via PayPal, wire transfer, ACH transfer, and Zelle.

Seller Financing Available

$1 down with a $299 document fee and $199 per month for 67 months at 0% Apr. No prepayment penalty. No credit checks.

Hold Price $25

For $25 we can hold the property for you for 72 hours while you decide whether you want to purchase. If you buy the property, this will count toward the purchase price.

Title And Use

What you can or cannot legally do on the land is controlled by the local government, not by us or any seller. Please contact the county, providing them with the parcel number, to confirm zoning, access, and available utilities.

About Elko

According to Travel Nevada, “Sitting at an elevation of more than 5,000 feet, Elko is known as “Nevada with Altitude,” a moniker to which it truly lives up. The thriving northeastern, Nevada city is bordered by the towering, snow-capped Ruby Mountains, often called the Alps of Nevada, and the lush, glacier-carved Lamoille Canyon. And that means there's no shortage of outdoor activities to enjoy, everything from down ATVing to out-of-this-world heli-skiing. Within minutes of downtown Elko, visitors can enjoy rock climbing, mountain biking, hiking, hunting, fishing or backpacking- and that's just the start. Elko's humble beginning came in 1869, when it was established as a railroad site town. It quickly became home to rail workers and their families., Nevada's first high school opened in Elko in 1885, and the University of, Nevada welcomed its first students there in 1874 before moving to Reno 11 years later.”

Lot Details

Assessor's Parcel Number:

Legal Description: Subd:Gamble District Sec/Twn/Rng/Mer:Sec 21 TWN 39N RNG 68E SEC 21 TWP 39N RGE 68E Mdb&M

Gps Coordinates (approx.): Please note that the GPS coordinates are approximate. They come from public assessor GIS data and are fairly accurate, but to find the exact boundaries of the property, it is best to hire a local surveyor.

Center: 41.2396, -114.2784

Annual Taxes: $7.2

Zoning: Open Space

Time Limit to Build: None as far as we are aware.

Access: Dirt Road

Power: Electricity would likely have to be solar or another alternative system.

Water: A well would need to be installed.

Sewer: A septic system would need to be installed. Please note that a perc test has not been done.

Elevation: ~4920 ft

Contacts: Elko County Planning and Zoning

“Buy on the fringe and wait. Buy land near a growing city. Buy real estate when other people want to sell. Hold what you buy.” - John Jacob Astor, real estate and business mogul

Frequently Asked Questions

How do I use the GPS coordinates to find the property in Google Maps? Note: these are sample coordinates, please copy the GPS coordinates from this listing page.

Can I visit the property? Of course. There is no need to make an appointment - please feel free to visit the property at any time. Please also note that we won't be able to meet you at the lot.

Does the property have an address? No, since the property is a vacant parcel of land, it hasn't been assigned an address. However, you can plug the approximate GPS coordinates into Google Maps in order to locate the property (as shown above).

Has a survey been done? No, we have not had a survey commissioned, but if you would like to pay for a survey we would be happy to work with your chosen surveyor.

Can you build on the property? Because we do not know the specifics of what you may want to build on the property, we recommend that you contact the building and/or zoning department(s) for more information on the relevant zoning and building regulations and how to obtain a building permit.

Can you park an RV on the property? We recommend that you contact the county to confirm, but, in most counties, RVs are only allowed on a temporary basis.

Are taxes up to date? We pay all tax bills as soon as we receive them, but you can always check with the County Treasurer to verify taxes have been paid.

Has a title search been done? Given the price point of our properties, we do not typically purchase a title search or title insurance when we buy a lot. However, we do our own research to check for title issues and liens and would never purchase a property that has a known title issue. We are also happy to work with the company of your choosing at buyer's expense.

How does the closing process work? We try to keep the closing simple and straightforward. Please just send us the full name of everyone you would like on the deed, a mailing address and phone number, and whether you would like to purchase with cash or utilize owner financing. We will then send you an invoice for either the down payment plus the document fee or the cash discount price plus the document fee. We accept payment via Zelle, wire transfer or ACH transfer as well as PayPal for properties priced under $5000.

If you purchase with owner financing, we will then send the loan documents to you for your signature via docusign.

If you purchase with cash, we will then draft and record the deed transferring title to you. Once the deed is recorded, we will send you a copy for your records.

Do you work with a title company? Yes, we are always happy to work with the company of your choosing at buyer's expense.

How does owner financing work? With owner financing, we will sign a land contract that gives you legal right to use the property; however, you won't be able to pull any building permits during the loan term. Once the down payment and document fee are paid, we will send you a link to our third party loan servicing software, where you will make monthly payments for the length of the loan term. After the loan is paid in full, we will then transfer title to you.

What kind of deed will I receive? You will receive a special warranty deed, which means the seller is guaranteeing that the property wasn't encumbered during the time of his/her ownership.

How many people can be included on the deed? You can have as many people listed on the deed as you would like.

Can the deed be made out to an Llc? Yes, the deed can be made out to an LLC or corporation.

Does the property come with mineral rights? We buy all of our properties assuming that we only have the surface rights. In order to determine whether a particular property has mineral rights, you will usually need to hire a title company to run a mineral rights search going all the way back to the original homestead.

“Buying real estate is not only the best way, the quickest way, the safest way, but the only way to become wealthy.” - Marshall Field, entrepreneur

Final Note

We completed an extensive due diligence process on this lot, but we recommend you do your own research as well. Take the time to get to know your new property before purchasing - it could remain in your family for generations.

“Buy land, they're not making it anymore.” - Mark Twain, writer and humorist

Our mission is to offer high quality properties at reasonable prices, provide maximum transparency and always strive to do the right thing.

If you are interested in land investing, you can check out our article on How to Get Started in Land Investing.

More Land Details

Owner Will Lease
Residential Zoning
Flat Terrain
Dirt Road Access
Well Water
Septic
Estimated Annual Taxes
$7
LANDFLIP ID
274807
Assessor Parcel Number (APN)
010-36I-042
Posted on LANDFLIP
24 Days Ago
Last Updated
23 Days Ago
Views
148
Saves
4
Land features, descriptions, details, directions, sales history, photos, maps, boundaries and files are deemed reliable and provided "as is" without guarantee, warranty, representation, expressed or implied by LANDFLIP or its advertisers, and is subject to errors, omissions, sale or withdrawal. Contact the seller directly regarding this listing.