$235,000 Active
5550 Flying Eagle Drive
Reno, NV 89510

Get homes like this by email

When a home like this lists in Reno at a similar price and size, we email you the same day. No account needed.

STR Status Unknown

About This Property

Runway-Front 40+ Acre Parcel | Flying Eagle Airpark, Reno NV Taxi from your hangar straight onto the runway and be airborne in minutes. This 40.56-acre corner lot sits directly on Runway 16/34 and the Flying Eagle Dr. taxiway, inside one of Northern Nevada's only private, gated fly-in communities. Flying Eagle Airpark spans 640 acres and just 16 forty-acre parcels — an intentionally small, low-density aviation neighborhood with two paved private runways (16/34 at 4,700' x 35', and 7/25 at 4,300' x 25'), gated entry, and sweeping views of the Sierra Nevada and surrounding high desert. This particular lot's corner position and direct runway frontage make it one of the most requested layouts in the community — room to build a home(s), hangar(s), and shop(s), with electricity already stubbed to the site. Location: 18 miles to Reno, minutes from Pyramid Lake, ~1.5 hours to Lake Tahoe. Nevada has no state income tax. Nearby airports with instrument approaches: Reno-Stead (14 nm), Reno-Tahoe Int'l (21 nm), Nervino (31 nm), Amedee AAF (33 nm), Silver Springs (33 nm). Whether you're a pilot building a hangar retreat, an investor, or planning a custom compound with room to spread out, this is a rare chance to own runway-front land in a community that almost never turns over. Aircraft and hangars shown in photos are not included in the sale — examples only.

Listed by Brian Kuykendall — Keller Williams Group One Inc.

Listing Details

Status Active
MLS # 250055715
Days on Market 366

Property History

Sep 18, 2026
Listed for sale
$235,000
Sep 18, 2026
Relisted
$235,000
Property Overview
Lot Size 40.56 acres
Property Type Land
APN 07620025
Exterior & Lot
Lot Features Corner Lot, Level, Open Lot, Other, Airstrip, Airport/Runway
View Desert, Mountain(s), Rural, Valley
Financial
Annual Tax $1,572
HOA Fee $300 / Monthly
HOA / Community Air Park Ranches HOA
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

STR analysis
STRUCTURAL SCORE —
—
PROJECTED GROSS ANNUAL REVENUE
—
~— per month
Avg Nightly
—
Occupancy
—
Cap Rate
—

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

$1,619 per month
Principal & interest
$1,188/mo
Property taxes
$131/mo
The seller's current bill, from the MLS: a Nevada bill doesn't reset when a home sells.
HOA dues
$300/mo
From MLS listing data.
Home insurance
$0/mo
Land — no home to insure, so no insurance estimate.
Down payment
20% ($47,000)
Home price
$235,000
Loan details
30-yr fixed, 6.5%
Request a Tour

We'll contact you soon.

R
Real Estate Tahoe
Real Estate Agent

Send a Message