$295,000 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

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 (appraised in 2024). 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. The parcel 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.

Listed by John Mike Ramos — Coldwell Banker Select Reno

Listing Details

Status Active
MLS # 260007276

Property History

Jun 07, 2026
Listed for sale
$295,000
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
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STR Investment Analysis

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

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% ($59,000)
Home price
$295,000
Loan details
30-yr fixed, 6.5%
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Kristina Mattson
Kristina Mattson
Broker - Owner
CA 01950662 BS.0146479.MGR

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