$29,900
Active
1450 Bonanza Road
Reno, NV 89521
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
291
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
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% ($5,980)
Home price
$29,900
Loan details
30-yr fixed, 6.5%
Send a Message
Or call directly: 530.613.5207
