$1,990,000 Active
3850 Plumas Street
Reno, NV 89509
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
8 Beds
·
4.5 Baths
·
3,569 Sq Ft

About This Property

Opportunities like this are becoming increasingly rare. Ideally situated in a central location, this unique property sits on over 2 acres and offers valuable water rights, including ditchwater and a geothermal well. With a barn on site and horses permitted, it's perfectly situated for those seeking space, functionality, and rule charm without sacrificing convenience. Built in 1948 the home features approximately 6000 ft.² of living space, showcasing timeless character throughout. Inside, you'll find eight spacious bedrooms, 4 1/2 bathrooms and four wood-burning fireplaces that add warmth and ambience. Beautiful Parquet floors enhance the vintage appeal, while the basement game room with its own fireplace provides additional space for entertaining or relaxing. The proper is fully fenced and thoughtfully set up for outdoor living and agricultural use. Pastures are efficiently maintained with ditchwater and sprinklers, making it ideal for animals or hobby farming. In the backyard, a stunning deck and stone fire pit create the perfect setting for gatherings or quiet evenings under the stars. Whether you're drawn to its classic charm, expansive layout, or incredible potential, this property offers a rare chance to own a distinctive piece of land in highly desirable location.

Listed by Linette Shepherd — eXp Realty, LLC

Listing Details

Status Active
MLS # 260005460
Days on Market 5
Price/Sq Ft $558

Property History

May 02, 2026
Listed for sale
$1,990,000
Property Overview
Beds 8
Baths 4.5
Sq. Ft. 3,569
Lot Size 2.06 acres
Stories 2
Year Built 1948
Property Type Single Family Residence
Subdivision Greenfield Block A
APN 023-131-30
Parking
Garage Spaces 2
Total Parking 3
Parking Features Carport, Garage, Garage Door Opener, RV Access/Parking
Attached Garage Yes
Exterior & Lot
Exterior Features Fire Pit, Rain Gutters
Lot Features Landscaped, Pasture, Sloped Up, Sprinklers In Front, Sprinklers In Rear
View Mountain(s)
Construction Brick, Frame
Roof Composition, Shingle
Foundation Concrete Perimeter, Crawl Space
Utilities & Systems
Heating Fireplace(s), Forced Air, Geothermal
Financial
Annual Tax $4,548
HOA / Community Greenfield HOA
Schools
Elementary School Huffaker
Middle School Swope
High School Reno
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
Home insurance
$0
Estimate only — wildfire zone rates vary. Contact a local broker for an accurate quote.
Down payment
20% ($398,000)
Home price
$1,990,000
Loan details
30-yr fixed, 6.5%
Request a Tour
Murat Gocmen
Murat Gocmen
Managing Broker
CA DRE# 02235314 NV B.1003327.LLC

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