$29,900 Active
1450 Bonanza Road
Reno, NV 89521

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STR Status Unknown

About This Property

Discover the perfect opportunity to build your dream home on this 1.1-acre vacant lot in the peaceful Virginia City Highlands. Nestled among the rolling high desert hills just outside of Reno, this property offers breathtaking panoramic views of the surrounding mountains and valleys. Enjoy the serenity of wide-open space, star-filled night skies, and abundant wildlife — wild horses, deer and birds are frequent visitors. With plenty of room for a custom home, shop, or animals, this lot gives you the freedom to create your own private retreat while still being within a short drive to city conveniences. Experience rural Nevada living at its finest in this one-of-a-kind setting.

Listed by Katie Conway — Ferrari-Lund Real Estate Reno

Listing Details

Status Active
MLS # 250054731
Days on Market 430

Property History

Aug 18, 2025
Listed for sale
$29,900
Property Overview
Lot Size 1.10 acres
Property Type Land
APN 00317303
Exterior & Lot
Lot Features Wooded
View Mountain(s), Trees/Woods
Financial
Annual Tax $200
HOA Fee $50 / Annually
HOA / Community Virginia City Highlands
Schools
Elementary School Gallagher, Hugh
Middle School Virginia City
High School Virginia City
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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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Occupancy
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Cap Rate
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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

$172 per month
Principal & interest
$151/mo
Property taxes
$17/mo
The seller's current bill, from the MLS: a Nevada bill doesn't reset when a home sells.
HOA dues
$4/mo
From MLS listing data.
Home insurance
$0/mo
Land — no home to insure, so no insurance estimate.
Down payment
20% ($5,980)
Home price
$29,900
Loan details
30-yr fixed, 6.5%
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