40 Acres of Land in Nevada near Wells NV & UT Border Beautiful Mountain View! Land Ready to SELL!! Start Price USD 19,500.00 Current Price USD 19,500.00 Time Left - Bid Count 0 Buy It Now Price - Reserve Price - Start Time Wednesday, December 03, 2008 End Time Friday, January 02, 2009 Location Elko County, NV See more about '40 Acres of Land in Nevada near Wells NV & UT Border' Description     This Auction is for the ACTUAL LAND... This is a CASH SALE, Not for Payments!! The winner of this auction will receive the DEED to this property!! This is an Auction for 40 Acres of Vacant Land in the County of ELKO,NV. There is Electric and Water avaliable!!   We believe this property is an excellent short to long-term investment in an area that has all of the conveniences of a larger urban area, but is located in a private, rural setting. This property is located in spectacular Elko County in Northern Nevada. This area offers low property taxes, inexpensive housing, the convenience of nearby towns (Elko, Wells, and Wendover Utah), and an abundance of open space. The high deserts, mountains, canyons, rivers, and forests of Nevada provide for a quality of life virtually unknown to most of the world. Property values in Nevada have soared in recent years due to migrations of retirees enticed by the pleasant arid climate and the relaxed low-key lifestyle American West. Investors and business entrepreneurs are also relocating to the area due to its friendly business atmosphere, strategic location between several Western States (Utah, Idaho, Oregon, California, and Arizona) and a major continental transportation route (Interstate 80). Nevada's potential for growth is demonstrated by explosive growth in Reno, Las Vegas, and Twin Falls Idaho. As property values in these areas continue to increase, real estate in Elko County represents excellent investment potential! Private property will soon be beyond the reach of a lot of Americans. As the population of the United States grows and continues to relocate, opportunities in "best kept secret" areas like Elko County will diminish. Niche investment properties in rural areas such as Northern Nevada are growing in value. Please click on this recent article concerning growth in the rural American West. Land is an excellent investment because in the long-term it always increased in value. Due to the instability of the economy are the highly variable housing market raw land represents a solid investment for the future. Raw land requires little management (besides paying minimal property taxes), all you have to do is sit back and wait for your land to appreciate in value. Land is a not an unlimited resource and no "new" land is being created. Land in Elko County fulfills the needs of those looking for a new adventure in living, a prudent investment, and a legacy property to pass on to future generations! Please click on the links provided for more information: Economic Development Northern Nevada Growth Elko Growth Nevada presents an excellent investment opportunity for many reasons. A strong gambling economy, desirable climate for retirees and relatively cheap land prices make Nevada prime for long-term investments in raw land. The average cost for an acre of raw land in Nevada is among the lowest of all of the United States. Average land prices in Nevada increased 53.8% from 2005 to 2006 compared to a national average of only 15.2%. Only a small percentage of Elko County is privately owned with the remainder owned by the Federal and State governments and Native American Reservations. This leaves a very limited amount of land available for private ownership. Out of the privately owned portion, fewer and fewer places remain where one can enjoy privacy and the amenities that will provide peace of mind and relative freedom. The opportunity for acquiring undeveloped property is diminishing. Many rural areas are surrounded by public lands that restrict potential development leaving only a limited supply of land. Elko County is one such area. As a property owner in this area you can declare your independence from metropolitan chaos and escape to a quiet, secluded, enriched life. The quality of life in Elko County is best characterized as a friendly small town, with a low crime rate, and a pleasant climate that provides over 300 days of sunshine a year. Summers are milder (due to the relatively higher elevation, average summer temperature 80 degrees) than other desert areas like Phoenix and Las Vegas and winters are mild and pleasant (rarely below 30 degrees). There are breathtaking views in every direction of the open countryside and the numerous mountain ranges encompassed by the Humboldt Toiyabe National Forest which soar thousands of feet into clear blue skies. The region's heritage is diverse including Native Americans, cowboys, miners, sheepherders, settlers, farmers, ranchers, outlaws, and the military. Many cultures have left a mark on this land and continue to thrive here. The county seat is located in Elko (113 miles away). Other nearby communities include Battle Mountain (183 miles away), Winnemucca (237 miles away), Wendover Utah (29 miles away), Twin Falls Idaho (178 miles away), and Reno (402 miles away). Please click on the links provided for more information: Elko Battle Mountain Wendover Elko County encompasses a diverse region of high altitude deserts and basin and range county including lakes, rivers, mesas, forests, and majestic mountains. The recreational opportunities in this area are unlimited. Area attractions include but are not limited to Humboldt-Toiyabe National Forest, Red Lion Casino, Northeastern Nevada Museum, Numerous Ghost Towns , and Ruby Lake National Wildlife Refuge. Elko County is an ideal place to escape and enjoy outdoor activities and quite county life. Its the perfect place to go camping, fishing, hunting, hiking, gold mining, mountain biking, rock climbing, camping, horseback riding, snow-mobiling, cross-country skiing, bird watching, rock hounding, or just kick back and relax and take advantage of being in a photographer's paradise. It is big, open country. As a visitor you will discover an incredible range of choices: abundant wildlife, ranching scenes and historical settings along back roads, relaxation and solitude at a lake, stream or mountain top in the nearby Humbolt-Toiyabe National Forest. The incredible variety of topography, animal life, birds and wildflowers is not immediately obvious to the casual observer. Take the time to discover some of the things, that makes this a unique wonderland.Elko County also offers many casinos such as the Gold Dust West Casino, High Desert Inn Casino and Red Lion Inn and Casino. Other property in the same area has sold for $1,000 – $15,000 per acre or more. For a price comparison, you can view a list of other sellers properties at: Comparison Values Comparison Values Comparison Values Comparison Values YOU ARE BIDDING ON THE FULL PRICE OF THIS PROPERTY (NOT PAYMENTS). The total and complete cost of this property is the $350.00 doc/prep fee (see details below) plus the winning bid amount. Payment must be made within 5 days of the auction close date. SIZE: 40.00 Acres APN: 010-56C-013 LEGAL DESCRIPTION: The land situated in the County of Elko, State of Nevada, described as follows: The Southwest Quarter of the Southwest Quarter of Section 5, Township 37 North, Range 69 East, M.D.B.&M. STATE: NV COUNTY: Elko GENERAL LOCATION: 50 Miles from Wells, NV DRIVING DIRECTIONS: From Wells, NV drive East on Interstate 80 for 28 miles to exit #378. Head north on State Route #223 toward Montello, NV. Continue for roughly 18.5 miles then take a right on Old Motel Rd (dirt). Continue east for roughly 3 miles and then take a right onto Pilot Valley Rd. (A Homestead is roughly .25miles before right turn). Continue on Pilot Valley Rd for roughly 7.6 miles then take a right onto 1st Street. (You will see a JLJ Ranches sign on the left side of road where you turn.) Continue west for roughly 3.4 miles and you will see the SW corner of property that is marked. ZONING: Rural-Residential (contact county for details) POWER: In the Area PHONE: N/A WATER: Well or alternative system SEWER: N/A (septic or alternative system) ROADS: Dirt PROPERTY TAX: Approximately $53/year. All property taxes are current. ASSOCIATION DUES: N/A COUNTY RECORDING FEE: $15.00 - paid by purchaser. TIME LIMIT TO BUILD: N/A TYPE OF TERRAIN: Flat to rolling with spectacular views There are no other closing costs! The buyer is bidding on 40 acres of land in ElksCounty, NV.  Upon receipt of Payment Buyer will be deeded 100% of the Seller's Ownership of the property.  Sell Reserves the right to close this Auction at any time. Buyer must do any an all necessary research and due diligence before bidding. Pictures were taken from the actual parcel by Seller. Oct. of 2008 property was professionally Surveyed and Staked. Winning Bid must pay for the property within 5 days after closing of the auction by Pay Pal or Certified Check. GOOD LUCK TO ALL ON YOUR BIDDING!! Place a Bid!