$525,000
Active Under Contract
0 Unspecified
Reno, NV 89439
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
About This Property
Views, Views, Views! This is a beautiful piece of land located above Somerset and East of Verdi north of Reno. Stunning views of Reno, Sierra Mountain range, Verdi and both sides of Peavine Peak. Current zoning is 8 dwelling units (40 acre minimum lot size). Build your dream home, retreat or perfect for development of homes with plenty of space. Drone video available upon request.
Listed by Heidi Simonsen — Chase International-Damonte
Listing Details
Status
Active Under Contract
MLS #
250006238
Days on Market
454
Property History
May 11, 2025
Listed for sale
$525,000
Jul 25, 2026
Pending
$525,000
Sale History · changed hands 1×
| Sold | Price | Listing agent (sell side) | Buyer agent (buy side) |
|---|---|---|---|
| May 2024 | $162,500 | Tori ConardeXp Realty LLC | Teisha BronnerRE/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.
Property Overview
Lot Size
320.00 acres
Property Type
Land
Subdivision
Golden Highlands Phase 4
STR Jurisdiction
Washoe County
APN
081-170-10
Exterior & Lot
Lot Features
Adjoins BLM/BIA Land, Open Lot, Rolling Slope, Sloped Down, Sloped Up, Corners Marked
View
City, Desert, Mountain(s), Valley
Financial
Annual Tax
$1,104
Schools
Elementary School
Westergard
Middle School
Billinghurst
High School
McQueen
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% ($105,000)
Home price
$525,000
Loan details
30-yr fixed, 6.5%
