$575,000 Active
21361 Crestview Road
Reno, NV 89521

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STR Status Unknown
5 Beds
·
3.5 Baths
·
3,280 Sq Ft
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Our data on this home

About This Property

Rare Opportunity on 1.04 Acres in Virginia City Highlands. This 5-bedroom, 3.5-bath home sits on approximately 1.04 acres and offers a rare opportunity for an investor, contractor, or buyer ready to bring their vision to life. Built in 1987, the home will benefit from cleaning, updating, and renovation, but the setting, space, and possibilities make this a property worth seeing. A detached 3-car garage provides plenty of room for vehicles, storage, hobbies, or workshop space. The property is serviced by a private well and septic system and includes a well water filtration system. For additional water storage and flexibility, there is also a 3,000-gallon water tank that can be filled by a water delivery service. Additional features include a roof approximately 12 years old, a water heater approximately 10 years old, and existing appliances, including the refrigerator, remaining with the property. Virginia City Highlands is known for its peaceful surroundings, open space, mountain setting, and a lifestyle that feels removed from the hustle and bustle while still providing access to Reno and surrounding areas. If you've been searching for a property with acreage, garage space, privacy, and the opportunity to renovate and create something special, 21361 Crestview Road deserves a look. Easy to show — bring your ideas and come see the potential!

Listed by Virginia Marphis — Fathom Realty

Listing Details

Status Active
MLS # 260012763
Days on Market 13
Price/Sq Ft $175

Property History

Oct 05, 2026
Listed for sale
$575,000
Property Overview
Beds 5
Baths 3.5
Sq. Ft. 3,280
Lot Size 1.00 acres
Stories 2
Year Built 1995
Property Type Single Family Residence
APN 003-181-35
Parking
Garage Spaces 3
Total Parking 6
Parking Features Additional Parking, Detached, Garage, Garage Door Opener, RV Access/Parking
Attached Garage Yes
Exterior & Lot
Exterior Features Balcony, Rain Gutters
Lot Features Gentle Sloping, Meadow, Rolling Slope, Wooded
View Meadow, Trees/Woods
Construction Insulation - Batts, Insulation - Blown-In, Brick, Cedar, Frame
Roof Asphalt, Composition, Pitched, Shingle
Foundation Concrete Perimeter, Slab
Utilities & Systems
Heating Forced Air, Propane
Cooling Attic Fan
Financial
Annual Tax $3,256
HOA Fee $150 / Annually
HOA / Community Virginia City Highlands HOA
Schools
Elementary School Gallagher, Hugh
Middle School Virginia City
High School Virginia City
HOA & Community
Community Amenities None
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STR Investment Analysis

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

STR Investment Analysis

STR analysis
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Home Insurance Estimate

Standard homeowners policy for this home

$4,700 – $6,900/yr
about $483/mo
Est. Rebuild Cost (Coverage A)
$1,377,600

Estimate from an estimated rebuild cost at standard-market rates. Not a bindable quote; get a local broker quote for accuracy.

See it in the monthly payment

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

$3,674 per month
Principal & interest
$2,908/mo
Property taxes
$271/mo
The seller's current bill, from the MLS: a Nevada bill doesn't reset when a home sells.
HOA dues
$12/mo
From MLS listing data.
Home insurance
$483/mo
Estimated ~$4,700–$6,900/yr — get a local broker quote for accuracy.
Down payment
20% ($115,000)
Home price
$575,000
Loan details
30-yr fixed, 6.5%
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