$1,295,000 Active
16500 Pyramid Highway
Reno, NV 89510
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
3 Beds
·
2.0 Baths
·
2,980 Sq Ft
Virtual Tour

About This Property

Ride out your own gate.53¼ level acres - every one of them fenced - with a legal easement straight to the trails and a quarter mile of Pyramid Way frontage. One owner since 1983, who built it herself and is now ready to retire. The horse setup is the real thing: a 165' x 475' arena built for everything from daily riding to cattle work, an 8-stall barn, ten custom galvanized pipe corrals (pipe, not tubing) with custom feeder mountings and feeders, and an 8" well with a new generator to keep the water running when the power doesn't. Inside the custom 2,980 sq ft home: three bedrooms, two full baths, a formal office in floor-to-ceiling cabinetry - and the detail that tells you a horseman built it, a mudroom with its own entrance and a full bath right beside it. Come in from the barn, clean up, and leave the day at the door. Oversized pantry, kitchen island with hidden storage, pull-out cabinetry, three hidden spice racks. Roof three years old. New water heater. Mature landscaping. Four 12' x 12' covered dog runs on concrete open into a 48' x 48' play area. And on the highway frontage, the building that has been home to Old West Tack since 1986. Seven miles to the fishing at Pyramid Lake. Accompanied showings only.

Listed by Mirie Linton — LPT Realty, LLC

Listing Details

Status Active
MLS # 260011292
Days on Market 5
Price/Sq Ft $435

Property History

Sep 01, 2026
Listed for sale
$1,295,000
Property Overview
Beds 3
Baths 2.0
Sq. Ft. 2,980
Lot Size 53.25 acres
Stories 1
Year Built 1986
Property Type FarmAndRanch
STR Jurisdiction Washoe County
APN 077-360-08
Parking
Garage Spaces 1
Total Parking 1
Parking Features Detached, Garage, Garage Door Opener, RV Access/Parking, RV Garage
Attached Garage Yes
Exterior & Lot
Exterior Features Dog Run, Entry Flat or Ramped Access, Multiple Entry Flat or Ramped, Rain Gutters
Lot Features Landscaped, Level, Meadow
Construction Batts Insulation, Blown-In Insulation, Vinyl Siding
Roof Composition, Pitched
Foundation Crawl Space
Pool & Spa
Pool No
Utilities & Systems
Heating Baseboard, Fireplace(s), Propane, Wood
Cooling Evaporative Cooling, Wall/Window Unit(s)
Financial
Annual Tax $3,193
Schools
Elementary School Taylor
Middle School Shaw Middle School
High School Spanish Springs
📊

STR Investment Analysis

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

STR Investment Analysis

Permitted Zone
STRUCTURAL SCORE Excellent
87
PROJECTED GROSS ANNUAL REVENUE
$118K – $167K typically ~$142,500
~$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% ($259,000)
Home price
$1,295,000
Loan details
30-yr fixed, 6.5%
Request a Tour

We'll contact you soon.

R
Real Estate Tahoe
Real Estate Agent

Send a Message