




3251 S Carson St, Carson City, NV, 89701
About This Home
— A Hospitality Asset with Room to Grow — 24 units, 3.52 acres, and a flexible site plan create a rare opportunity for income, repositioning, or redevelopment — The Mill House Inn Motel offers a strategic investment opportunity within Carson City's South Carson Redevelopment District, combining current operational value with long-range development potential. Set on approximately 3.52 acres along a visible South Carson Street corridor, the property includes 24 total motel units across three buildings, paved parking for approximately 30 vehicles, and an outdoor setting designed for guest convenience and extended-stay use. The property configuration includes a 10-unit motel building with a small office, a second 14-unit motel building, and a separate main office building. Among the 24 units is a spacious three-bedroom manager's unit of approximately 1,200 square feet, with the remaining units measuring approximately 400 square feet each. An in-ground pool and outdoor common area add lifestyle appeal, creating a sense of arrival and community that supports continued hospitality, monthly rental, or potential repositioning concepts. With a pro forma cap rate of 6 percent, the offering provides an investor with a meaningful foundation for income-oriented ownership, while the remainder parcel invites a broader vision for future development, subject to buyer verification and required approvals. Whether maintained as a boutique motel, adapted for extended-stay lodging, or considered as part of a larger redevelopment strategy, 3251 S Carson Street offers scale, frontage, land, and flexibility in one of Carson City's key redevelopment areas. For the buyer with imagination and discipline, the Mill House Inn is more than an existing hospitality asset. It is a property with room to evolve, improve, and help shape the next chapter of South Carson.
Getting Around
Schools
Construction
Condition
- Year built: 1967
Materials
- Roof: Composition
Type & Style
- Home type: SingleFamily
Interior
Features
- Flooring: Carpet
- Fireplace: Yes
Heating
- Heating features: Has Heating (Unspecified Type)
Property
Lot
- Lot size: 3.52 Acres
Parking
- Total spaces: 30
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Winter Weather
- Earthquake
- Lightning
- Wildfire
How This Home’s Risks Compare
FEMA Declared Disasters Across Nevada Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $15,043 | $180,516 |
| Home Insurance | $648 | $7,776 |
| Property Taxes | $1,140 | $13,680 |
| Electricity | $192 | $2,306 |
| Total | $17,023 | $204,276 |
Income You'd Need if You Spent...
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-04-30 | Listed for sale | $2,975,000 |
| 2022-09-19 | Listing removed | -- |
| 2022-02-25 | Listed for sale | $4,175,000 |
| 2021-12-28 | Listing removed | -- |
| 2021-08-25 | Listed for sale | $4,375,000 |
