$1,999,000 Active
5200 Range Land Road
Reno, NV 89510
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
4 Beds
·
2.5 Baths
·
2,360 Sq Ft

About This Property

Discover the possibilities on this exceptional 122-acre private estate, offering endless room for recreation, equipment, livestock, or future expansion. Whether you're looking for a ranch, a base for your business, or a secluded retreat, this property delivers the space and infrastructure to make it your own. The property is exceptionally well-equipped with two impressive 40' x 98' insulated steel buildings (approximately 3,920 square feet each) featuring concrete floors, plus an additional insulated workshop with a concrete floor. Four 40-foot storage containers and a quonset building provide abundant storage for vehicles, equipment, tools, and toys. Take in sweeping views of the Virginia Hills and Dogskin Mountains while enjoying the privacy and tranquility of this expansive setting, all with convenient access to Pyramid Highway. A private water well serves the property, the north boundary is fenced, and the property corners are clearly marked. With city approval, the 122-acre parcel has the potential to be divided into 40-acre parcels, creating additional opportunities for future development, investment, or multigenerational ownership. The home offers a comfortable starting point with two pellet stoves for added warmth, a new flat roof installed in 2023, and a 30-year heavy-duty laminated composite roof installed in 2017. While the home is ready for updates and your personal vision, the true value lies in the remarkable acreage, extensive outbuildings, privacy, and outstanding potential. If you've been searching for a rare property with abundant usable land, incredible storage, breathtaking mountain views, and room to create your dream lifestyle, this is an opportunity you won't want to miss. All information is deemed reliable but is ot guaranteed. Buyer/Buyer's Agent are responsible for independently verifying all information to their satisfaction.

Listed by Tina Ross — Chase International-Damonte

Listing Details

Status Active
MLS # 260009507
Price/Sq Ft $847

Property History

Jul 24, 2026
Listed for sale
$1,999,000
Property Overview
Beds 4
Baths 2.5
Sq. Ft. 2,360
Lot Size 122.49 acres
Stories 1
Year Built 1980
Property Type Single Family Residence
STR Jurisdiction Washoe County
APN 076-210-01
Parking
Garage Spaces 3
Total Parking 12
Parking Features Additional Parking, Attached, Detached, Garage, Garage Door Opener, RV Access/Parking, RV Garage
Attached Garage Yes
Exterior & Lot
Exterior Features None
Lot Features Level
View Desert, Mountain(s), Valley
Construction Stucco
Roof Flat, Membrane, Metal, Pitched, Shingle
Foundation Crawl Space
Utilities & Systems
Heating Baseboard, Electric, Pellet Stove, Radiant Floor
Financial
Annual Tax $6,450
Schools
Elementary School Taylor
Middle School Shaw Middle School
High School Spanish Springs
📊

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% ($399,800)
Home price
$1,999,000
Loan details
30-yr fixed, 6.5%
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