$10,000,000
Active
0 Kenneth Way
Reno, NV 89521
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STR Status Unknown
About This Property
Introducing an exceptional 50-acre parcel of vacant land, offering an incredible opportunity for a perfect subdivision project. Nestled in a prime location, this expansive property presents an ideal canvas for the development of a thriving residential community. With its abundant space, natural beauty, and strategic positioning, this land is poised to captivate developers, investors, and future homeowners alike., Buyer and buyers agent to verify all information.
Listed by Katherine Gillespie — eXp Realty
Listing Details
Status
Active
MLS #
230006476
Days on Market
1095
Property History
Jun 15, 2026
Listed for sale
$10,000,000
Property Overview
Lot Size
50.50 acres
Property Type
Land
Subdivision
Virginia Foothills 3
APN
016-751-25
Exterior & Lot
Lot Features
Level
View
Mountain(s)
Financial
Annual Tax
$688
Schools
Elementary School
Brown
Middle School
Damonte
High School
Damonte
STR Investment Analysis
STR analysis
STRUCTURAL SCORE
—
—
PROJECTED GROSS ANNUAL REVENUE
—
~— per month
Avg Nightly
—
Occupancy
—
Cap Rate
—
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
$50,622 per month
Principal & interest
$50,565/mo
Property taxes
$57/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% ($2,000,000)
Home price
$10,000,000
Loan details
30-yr fixed, 6.5%
