00 Serpa Place

GREAT DEVELOPMENT OPPORTUNITY in the COUNTRY AIR ESTATES SUBDIVISION! Vacant 16.48-Acre Residential Development Opportunity – Fallon, NV Discover an exceptional development opportunity in the heart of Fallon, Nevada. This 16.48-acre vacant lot is ideally located within city limits and fully entitled for residential development. The property has been meticulously planned and approved for a 39-lot single-family subdivision, with lots ranging from approximately 11,500 to over 31,000 square feet—perfect for spacious residential living. The subdivision is designed to be developed in three phases, with Phase 1 consisting of 14 lots. All required engineering has been completed and approved by the city and relevant agencies, ensuring a smooth path to construction. Additionally, the first 14 lots in Phase 1 will be delivered with water already dedicated, offering immediate development potential. This property is located in the Country Air Estates subdivision in Fallon, a desirable neighborhood with larger lots that can accommodate larger more custom homes, RV parking, spacious backyards, and room for owners to build a detached shop or second garage. Highlights: Total Area: 16.48 acres Zoning: Residential, within city limits Approved Lots: 39 single-family residential lots Lot Sizes: Ranges from 11,500 square feet up to 31,673 square feet. Development Phases: 3 total; Phase 1 includes 14 lots Status: Fully engineered and approved subdivision map Utilities: Water available for the first 14 lots. Power, gas, water and sewer is stubbed on site, ready for This is a rare chance to develop in a growing Nevada community with strong demand for residential housing. Whether youre a builder, investor, or developer, this property presents a ready-to-go project with significant upside potential. Call for more information and for a copy of the approved engineered plans/details. Signs will be posted on the property by Tuesday, June 3rd. Call the listing agent for directions to the site.