$18,950,000 Active
0 PINENUT Road
Dayton, NV 89403
STR Status Unknown

About This Property

Encompassing a combined 632.68 acres of level, undeveloped land, this offering presents a rare large-scale opportunity across both Storey and Lyon Counties. The property consists of 440.05 acres in Storey County (APN 004-291-18) and an adjacent 192.63-acre parcel in Lyon County (APN 016-021-20), available for purchase separately or together. With flat, usable topography and expansive acreage, the property is well-suited for a variety of potential uses, including single-family residential development or a planned unit development (PUD) (buyer to verify). The northern boundary adjoins Bureau of Land Management (BLM) land, offering added privacy and open space, while surrounding properties include a mix of residential and undeveloped land. Strategically located near Highway 50, the site provides convenient access to Silver Springs, Dayton, and the greater Reno/Sparks area. It is positioned within a growing corridor near major employment and industrial hubs, including the Tahoe Reno Industrial Center and nearby land holdings associated with major tech expansion. This is a unique opportunity to acquire significant acreage in the path of Northern Nevada's continued growth, with strong potential for development, investment, or long-term hold.

Listed by Lisa Williams — Berkshire Hathaway HomeService

Listing Details

Status Active
MLS # 250055219
Days on Market 280

Property History

Aug 29, 2025
Listed for sale
$18,950,000
Property Overview
Lot Size 440.05 acres
Property Type Land
Subdivision Pinenut View Estates Ph 1
APN 004-291-18
Exterior & Lot
Lot Features Adjoins BLM/BIA Land, Level, Cleared
View Desert, Mountain(s), Rural
Financial
Annual Tax $1,555
Schools
Elementary School Dayton
Middle School Dayton
High School Dayton
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STR Investment Analysis

See projected rental revenue, occupancy rates, and investment scores.

STR Investment Analysis

Permitted Zone
STRUCTURAL SCORE Excellent
87
PROJECTED ANNUAL REVENUE
$142,500 ($118K – $167K range)
~$11,875 per month
Avg Nightly
$485
Occupancy
68%
Cap Rate
5.2%

Cost Segregation Tax Savings

Estimated first-year bonus depreciation savings

Estimated First-Year Tax Savings
$0
via bonus depreciation
Land Value
$0
Improvement Basis
$0
5-Year Property (18%)
$0
15-Year Property (10%)
$0
Estimates are for informational purposes only and do not constitute tax advice. Consult a qualified CPA or tax professional for your specific situation. Actual savings depend on individual tax circumstances.

Payment calculator

$0 per month
Principal & interest
$0
Property taxes
$0
HOA dues
$0
From MLS listing data.
Home insurance
$0
Insurance estimate only — Tahoe wildfire-zone rates vary; get a local broker quote for accuracy.
Down payment
20% ($3,790,000)
Home price
$18,950,000
Loan details
30-yr fixed, 6.5%
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Kristina Mattson
Kristina Mattson
Broker - Owner
CA 01950662

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