$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! Located on a quiet cul-de-sac and bordering 1/3-acre common area, this premium 0.664-acre parcel offers exceptional privacy, added open space, and breathtaking mountain and city views. One of the few remaining homesites available in Caughlin Ranch, this lot presents a rare opportunity to create a custom residence in one of Reno's most sought-after communities. Located within the exclusive gated community of Eagles Nest, a neighborhood of just 73 custom homes, residents enjoy the beauty and serenity of the 2,300-acre Caughlin Ranch master-planned community. Known for its expansive common areas, mature natural landscape, and more than 24 miles of scenic walking and biking trails, Caughlin Ranch offers a lifestyle that is both luxurious and connected to nature. Surrounded by distinguished custom homes and stunning Nevada scenery, this remarkable property provides the ideal setting to build the home you desire. Experience the perfect blend of privacy, prestige, and convenience in one of Reno's premier neighborhoods. Build your dream home and enjoy the very best of Reno living.

Listed by Donna Fuller — Dickson Realty - Caughlin

Listing Details

Status Active
MLS # 260008098

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 $461 / 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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Kristina Mattson
Kristina Mattson
Broker - Owner
CA 01950662 BS.0146479.MGR

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