$266,240 $295,000 ↓ $28,760 reduced Active
2945 Argonaught Way
Reno, NV 89506
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.

About This Property

Now PRICED BELOW '24 APPRAISAL! You'll enjoy breathtaking SW views stretching down into the scenic valleys below from this spacious and readily accessible 89+ acre parcel in Red Rock Estates. Would be perfect for the buyer seeking a private but accessible off-the-grid location. The parcel is bordered at the extreme north terminus by BLM land; is approximately 15 miles/35 minutes from downtown Reno and 1.6 miles east from Matterhorn Bl. (39.746712°/-119.796021°). Argonaught Way is a well-traveled gravel and dirt road and easily accessible by a standard vehicle. Feel free to use your favorite mapping app and drive to the site directly or contact the marketing agent directly for directions. ELEVATION: 5,680 Ft. +/-. Sellers will look at all offers. Buyer/Buyer's agent to verify all info contained herein.

Listed by John Mike Ramos — Coldwell Banker Select Reno

Listing Details

Status Active
MLS # 260007276
Days on Market 105

Property History

Jun 07, 2026
Listed for sale
$295,000
Jul 22, 2026
Price reduced
$280,250 $295,000 ↓ $14,750
Sep 18, 2026
Price reduced
$266,240 $280,250 ↓ $14,010
Property Overview
Lot Size 89.27 acres
Property Type Land
STR Jurisdiction Washoe County
APN 079-460-07
Exterior & Lot
Lot Features Adjoins BLM/BIA Land, Open Lot, Rolling Slope, Sloped Up, Steep Slope
View Mountain(s), Rural, Valley
Financial
Annual Tax $986
Schools
Elementary School Lemmon Valley
Middle School OBrien
High School North Valleys
📊

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% ($53,248)
Home price
$266,240
Loan details
30-yr fixed, 6.5%
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