$449,000 Active
3490 Dry Lake Circle
Reno, NV 89521
STR Status Unknown
3 Beds
·
2.0 Baths
·
1,542 Sq Ft

About This Property

This off grid piece of property is perfect for those looking to have a home with lots of possibilities and adjacent land for sale as well. Escape to the ultimate high-desert retreat at 3490 Dry Lake Road. Nestled on an expansive 13.79-acre parcel, this 1,542 sq. ft. residence offers unmatched privacy, peace, and breathtaking panoramic views of the Nevada landscape.Inside, the home features a comfortable and functional 3-bedroom, 2-bathroom layout with abundant natural light. The sprawling acreage presents a blank canvas for outdoor enthusiasts?ideal for equestrian setups, off-road vehicle staging, or creating your own bespoke desert landscaping.Despite its secluded, rural feel, the property remains within a reasonable driving distance of Reno?s city center and major commuter routes. Zoned within Storey County, you are also just a short drive from the historic amenities of Virginia City. Whether you are looking for a serene year-round residence or a weekend getaway, this property beautifully balances peaceful acreage living with Northern Nevada convenience. This property is a blank slate with many recent upgrades including new water heater 2026, House propane heater 2026, New well pump, controls, 2025. Exterior paint 2024, New roof 2023. Solar upgrade, batteries, panels, 2023 one year warranty included with any accepted offer.

Listed by Aaron Coombs — LPT Realty, LLC

Listing Details

Status Active
MLS # 260008550
Price/Sq Ft $291

Property History

Jul 03, 2026
Listed for sale
$449,000
Property Overview
Beds 3
Baths 2.0
Sq. Ft. 1,542
Lot Size 13.79 acres
Stories 2
Year Built 1987
Property Type Single Family Residence
APN 003-361-50
Parking
Total Parking 2
Parking Features Attached, Carport
Exterior & Lot
Exterior Features None
Lot Features Level
View Meadow, Mountain(s), Trees/Woods
Roof Composition, Pitched, Shingle
Foundation Crawl Space
Utilities & Systems
Heating Propane
Financial
Annual Tax $1,689
HOA Fee $200 / Annually
HOA / Community Highland Ranches Property Owners Association
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

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% ($89,800)
Home price
$449,000
Loan details
30-yr fixed, 6.5%
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Kristina Mattson
Kristina Mattson
Broker - Owner
CA 01950662 BS.0146479.MGR
530.613.5207

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