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525 Cable Canyon Way, Fernley, NV, 89408

5beds
5baths
10,922sqft
$2,899,000
$265price/sqft
$21,003/moest. monthly cost
$840,120/yrincome needed

About This Home

Discover Elegance on the Hillside: A Luxurious Sanctuary in Fernley Step into a world of refined luxury with this exquisite hillside estate, commanding breathtaking views of Fernley to the east and expansive open land to the west. Designed with an eye for detail and an emphasis on quality, this property features spacious bedrooms alongside dedicated rooms for meetings, sewing, office, entertaining and fitness, complete with a sauna, ensuring every aspect of your home life is catered to., Entertain in style in the stunning kitchen equipped with all the modern luxuries you can imagine, including granite slab countertops, a commercial-quality gas Thermador range with pot filler, dual dishwashers, trash compactor, and a center island, all set against the backdrop of gorgeous alder cabinetry. The expansive great room dazzles with its massive fireplace, wood-beamed ceilings, and an elegant wet bar, complemented by a formal living room and dining room. Experience ultimate comfort in the master suite, which features a large walk-in closet/dressing room with a separate shoe/hat closet, and an en-suite bathroom with a walk-in marble shower, deep tub, and dual vanities. Start your mornings in the suite’s morning room, perfect for enjoying coffee and pastries without ever leaving the comfort of your bedroom. The large first-floor office provides an ideal space to run a private home business, equipped with custom-built desks, cabinets, a full bath, and a walk-in bank-quality vault room, which can also serve as a second master bedroom. This home has Starlink internet and Wi-Fi capable thermostats. No detail has been overlooked in crafting this 18+ acre estate, from the exquisite finish work to the integrated home system complete with an alarm. The property is fully fenced with tan vinyl, and utilities are pre-stubbed below the hill for potential barn or workshop additions. With a sprawling 5-car garage totaling 2252 sq. ft., and a location just minutes from town, this home is not just a residence but a statement of lifestyle. Perfect for horse owners and those seeking a private, luxurious living experience. Buyer & Buyers Agent to verify all information.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
7
BikeSomewhat Bikeable

Schools

4/10
3/10
Fernley High SchoolGrades 9-123.4 mi
3/10
Fernley Elementary SchoolGrades PK-41.7 mi

Construction

Condition

  • Year built: 2005

Materials

  • Foundation: Crawl Space
  • Roof: Tile
  • Construction materials: Stucco

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Disposal,Microwave,Trash Compactor,None
  • Laundry features: Laundry Area,Laundry Room,Sink

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 5
  • Full bathrooms: 4
  • 1/2 bathrooms: 1

Features

  • Breakfast Bar,Ceiling Fan(s),High Ceilings,Kitchen Island,Pantry,Walk-In Closet(s)
  • Window features: Blinds,Double Pane Windows,Low Emissivity Windows
  • Flooring: Carpet,Ceramic Tile,Wood
  • Number of fireplaces: 2
  • Fireplace features: Gas Log,Wood Burning Stove
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Fireplace(s),Forced Air,Natural Gas
  • Cooling features: Central Air,Refrigerated

Interior Area

  • Total structure area: 10,922
  • Total interior livable area: 10,922 sqft

Property

Details

  • Parcel number: 02152101
  • Zoning: Rr1

Features

  • Stories: 2
  • Patio & porch: Covered,Deck
  • Exterior features: None
  • Fencing: Full
  • Has view: Yes
  • View description: City,Desert,Mountain(s),Valley
  • Horses can be raised: Yes

Lot

  • Lot size: 18.58 Acres
  • Features: Adjoins BLM/BIA Land,Gentle Sloping,Landscaped,Open Lot,Rolling Slope,Sloped Up

Parking

  • Total spaces: 5
  • Parking features: Attached,Garage Door Opener,RV Access/Parking
  • Has garage: Yes
  • Attached garage spaces: 5
  • Covered spaces: 5

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
    Winter WeatherRelatively High
  • Earthquake
    EarthquakeModerate
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Lightning
    LightningModerate
  • Wildfire
    WildfireModerate

How This Home’s Risks Compare

Winter Weather
Earthquake
Heat Wave
Inland Flooding
Lightning
Wildfire

FEMA Declared Disasters Across Nevada Counties

Flood
Mud Landslide
Severe Storm
Winter Storm

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

MonthlyAnnual
Mortgage $14,658$175,896
Home Insurance $729$8,748
Property Taxes $4,597$55,164
Electricity $1,019$12,230
Total$21,003$252,036

Income You'd Need if You Spent...

35% on housing$720,102/yr
40% on housing$630,090/yr
45% on housing$560,080/yr

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.

Insurance Growth Rate5-year average: 7.8%
7.8%
0%30.0%
Electricity Growth Rate10-year average: -1.2%
-1.2%
0%15.0%
Property Taxes Growth Rate2-year average: 2.1%
2.1%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$265This listing

vs Other Active Listings

Avg $/sqft

ZIP 89408$189
Lyon County$202

vs Homes Sold Last Month

Median $/sqft

ZIP 89408$245
Lyon County$250

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

DateEventPrice
2026-03-03Price change$2,899,000
2025-09-22Price change$2,989,999
2025-07-14Listed for sale$2,999,999
2025-07-03Contingent$2,999,999
2025-03-08Listed for sale$2,999,999
2012-11-15Sold$700,000
2012-10-02Price change$950,000
2012-08-14Price change$849,900
2012-05-20Price change$949,900
2012-03-22Price change$999,900
2012-01-08Listed for sale$1,150,000
2011-12-29Sold$850,000
2011-12-11Price change$1,450,000
2011-07-20Price change$1,500,000
2011-06-18Price change$1,600,000
2011-05-13Price change$1,990,000
2011-02-24Price change$3,200,000
2011-02-17Price change$1,990,000
2010-11-29Listed for sale$3,200,000
2010-10-21Listing removed$3,200,000
2010-06-26Listed for sale$3,200,000
2010-02-02Listing removed$3,200,000
2009-11-25Price change$3,200,000
2009-10-24Price change$3,700,000
2009-08-16Listed for sale$4,200,000
2009-06-20Listing removed$4,200,000

For Sale by Agent

AgentSteven Foster
BrokerageeXp Realty

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