$445,000 Active
40 Greybull Court
Reno, NV 89519
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.

About This Property

Exceptional Homesite in Prestigious Eagles Nest at Caughlin Ranch! Build your dream home on this exceptional 0.664-acre homesite in the exclusive gated community of Eagles Nest at Caughlin Ranch. Tucked away on a quiet cul-de-sac and bordering a 1/3-acre common area, this premium parcel offers outstanding privacy, additional open space, and breathtaking mountain and city views. One of the few remaining homesites in Caughlin Ranch, this is a rare opportunity to create a custom residence surrounded by beautiful luxury homes in one of Reno's most desirable neighborhoods. Eagles Nest is an intimate enclave of just 73 custom homes within the 2,300-acre Caughlin Ranch master-planned community. Residents enjoy expansive common areas, mature natural landscaping, and more than 24 miles of scenic walking and biking trails, all while being just minutes from shopping, dining, and downtown Reno. An exceptional setting that offers the perfect combination of privacy, prestige, natural beauty, and convenience.

Listed by Donna Fuller — Dickson Realty - Caughlin

Listing Details

Status Active
MLS # 260008098
Days on Market 45

Property History

Jun 24, 2026
Listed for sale
$445,000
Property Overview
Lot Size 0.66 acres
Property Type Land
Subdivision Juniper Trails 7-C
STR Jurisdiction Washoe County
APN 220-051-07
Exterior & Lot
Lot Features Cul-De-Sac, Gentle Sloping, Sloped Up, Corners Marked, Curbs, Storm Drains
View City, Mountain(s), Peek
Financial
Annual Tax $2,436
HOA Fee $451 / Quarterly
HOA / Community Caughlin Ranch HOA
Schools
Elementary School Caughlin Ranch
Middle School Swope
High School Reno
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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% ($89,000)
Home price
$445,000
Loan details
30-yr fixed, 6.5%
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