$350,000 Active
0 Grass Valley Road
Reno, NV 89510

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STR Status Unknown

About This Property

Discover the possibilities on this exceptional 40+ acre parcel in the heart of Palomino Valley. Surrounded by sweeping mountain views, expansive open space, and easy access from Pyramid Highway, this property provides the perfect canvas for your custom home, horse property, hobby farm, or private retreat. Power is conveniently available nearby, helping simplify future development while preserving the freedom and privacy that make rural Nevada living so desirable. The property's relatively level terrain offers multiple potential building sites with panoramic valley and mountain vistas in every direction. Surrounded by ranches, farmland, and wide-open skies, you'll enjoy the tranquility of country living with ample room for horses, livestock, workshops, RV storage, and outdoor recreation. Conveniently located within commuting distance of Reno and Sparks, this rare acreage combines accessibility, usability, and breathtaking scenery. Whether you're ready to build today or invest in Northern Nevada's future, this is an opportunity to own a substantial piece of the Silver State's natural beauty.

Listed by Alexa DuBray — LPT Realty, LLC

Listing Details

Status Active
MLS # 260007269
Days on Market 130

Property History

Jun 07, 2026
Listed for sale
$350,000

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Aug 2024 $175,000 Lyndi NewbryBerkshire Hathaway HomeService Kayla SissonRE/MAX Professionals-Reno

MLS closed sales, with duplicate ingestions collapsed and lease records excluded, so each row is a distinct transaction. Rows marked county record come from the assessor's deed data, which reaches back further than the MLS feed; rows marked via a listing site fill the years the feed misses using that site's public sale record.

Property Overview
Lot Size 40.56 acres
Property Type Land
APN 077-490-01
Exterior & Lot
Lot Features Level, Open Lot
View Desert, Mountain(s), Rural, Valley
Financial
Annual Tax $882
Schools
Elementary School Taylor
Middle School Shaw Middle School
High School Spanish Springs
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STR Investment Analysis

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

STR Investment Analysis

STR analysis
STRUCTURAL SCORE —
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PROJECTED GROSS ANNUAL REVENUE
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Avg Nightly
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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

$1,844 per month
Principal & interest
$1,770/mo
Property taxes
$74/mo
The seller's current bill, from the MLS: a Nevada bill doesn't reset when a home sells.
HOA dues
$0/mo
From MLS listing data.
Home insurance
$0/mo
Land — no home to insure, so no insurance estimate.
Down payment
20% ($70,000)
Home price
$350,000
Loan details
30-yr fixed, 6.5%
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