Wells Land for Sale

Wells Land for Sale

Welcome to Wells, Nevada – a hidden gem nestled in the heart of Elko County! This charming city offers a unique blend of small-town warmth and the breathtaking beauty of the surrounding high desert landscape. Known for its rich history, Wells is often referred to as the "Gateway to the Ruby Mountains," making it an ideal location for outdoor enthusiasts and nature lovers alike. With stunning mountain views, pristine lakes, and an abundance of hiking and fishing opportunities, Wells is a haven for those seeking adventure and tranquility.

As you explore the possibilities of land for sale in Wells, you’ll discover a variety of options that cater to your dreams and aspirations. Whether you're envisioning a cozy retreat, a sprawling ranch, or a potential investment opportunity, the available parcels of land offer ample space and the freedom to create your perfect oasis. With the area's affordable real estate market, now is the perfect time to invest in your future.

Wells is not just about stunning landscapes; it also boasts a tight-knit community with friendly residents, local shops, and delicious dining options. The city hosts various events throughout the year, fostering a sense of camaraderie and pride among its inhabitants.

Don’t miss your chance to become a part of this vibrant community and own a piece of land in Wells, Nevada. With its captivating scenery and welcoming atmosphere, it’s the perfect place to plant your roots and embark on your next adventure! Explore the available land for sale today and discover the endless possibilities that await you in Wells.

Newest Wells Land for Sale

TBD Wells, Wells
$22,500
3628461 MLS
Lot 2 offers an excellent opportunity to build a new duplex with the potential for both homeownership and rental income in Wells, Nevada. The seller's development concept is to construct a duplex on this lot, giving a future owner the option to live in one unit while renting the other, or to use both units as an investment property.The property is located on a corner with convenient access and is directly across from a preschool. Water is on the property, with power and sewer available at the street, providing valuable utility infrastructure for future construction.For a qualified buyer, rental income from the second unit may be considered by certain lenders when determining loan qualification, subject to the lender's specific requirements, appraisal, rental-income guidelines and other financing conditions. This creates the potential to offset a portion of the cost of owning a new home while building long-term rental income.The seller has completed the survey as part of the planned subdivision, with the engineer's work and final City of Wells approval still pending. This is an opportunity to secure a residential building site with a thoughtful income-producing concept already envisioned.Buyer to verify all zoning, permitted uses, duplex requirements, lot configuration, utility availability, subdivision status, building requirements and City approvals. Proposed development and rental-income potential are subject to all applicable governmental approvals and lender requirements.

TBD Wells, Wells

189 1st, Wells
$22,500
3628460 MLS
Take advantage of a unique opportunity to create two income-producing properties on one parcel in Wells, Nevada. The seller has had the property surveyed and is working toward splitting the parcel into two separate lots, with the engineer's work and final City approval still pending.The seller's proposed plan is to build a duplex on each lot, potentially creating four residential units in total. This could provide an owner-occupant the opportunity to live in one unit while generating rental income from the additional unit(s), or offer an investor the potential for multiple income-producing units.With today's financing options, qualified buyers may be able to use a portion of anticipated rental income when qualifying for certain owner-occupied investment loans, subject to lender guidelines, appraisal, lease/rental documentation and other requirements.The property is ideally situated on a corner lot directly across from a preschool. Water is already on the property, with power and sewer available at the street, offering valuable infrastructure for future development.Whether you're looking to build your own home with additional rental income, create a multi-unit investment property, or capitalize on the growing need for housing in Wells, this property offers flexibility and significant potential.The proposed two-lot subdivision and duplex development are subject to engineering, City of Wells approval, zoning, building requirements, utility requirements and all applicable governmental approvals. Buyer to independently verify development potential, permitted uses, utilities, financing options and rental-income qualification with the appropriate authorities and lender.

189 1st, Wells

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