$599,000 $1,000,000 ↓ $401,000 reduced Active

6280 Copper Ridge

Reno, NV 89519

STR Status Unknown

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About This Property

Shovel Ready and permitted! Rare and exciting development opportunity in the highly sought-after Copper Point community, featuring four contiguous parcels totaling approximately 0.231 acres: 6286 Copper Ridge (APN 042-230-25), 6282 Copper Ridge (APN 042-230-27), 6284 Copper Ridge (APN 042-230-26), and 6280 Copper Ridge (APN 042-230-28). Enjoy stunning city views in a prime Southwest Reno location, just minutes from shopping, dining, and everyday conveniences. Seller has secured permits and plans for a fourplex, offering a streamlined, ready-to-build multifamily project. Ideal for investors or builders looking to capitalize on a high-demand area with strong upside potential. ** See documents for plans and assessor data.

Listed by Lori Welsh — Dickson Realty - Caughlin

Listing Details

Status Active

MLS # 260004543

Days on Market 181

Property History

Apr 16, 2026

Listed for sale

$1,000,000

Jul 02, 2026

Price changed

$700,000

Jul 31, 2026

Price reduced

$599,000 $700,000 ↓ $101,000

Property Overview

Lot Size 0.23 acres

Property Type Land

Subdivision Copper Point

APN 042-230-28

Exterior & Lot

Lot Features Level, Sloped Down, Cleared

View City, Desert, Mountain(s), Park/Greenbelt, Trees/Woods, Valley

Financial

Annual Tax $2,698

HOA Fee $400 / Monthly

HOA / Community Copper Point at Lakeridge Homeowners Asc

Schools

Elementary School Huffaker

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

STR analysis

STRUCTURAL SCORE —

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PROJECTED GROSS ANNUAL REVENUE

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Avg Nightly

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Occupancy

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Cap Rate

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STR Investment Analysis

STRUCTURAL SCORE

PROJECTED GROSS ANNUAL REVENUE

Avg Nightly

Occupancy

Cap Rate

Est. NOI Net Operating Income = annual gross rental revenue minus operating expenses (cleaning, property management, taxes, insurance, HOA, utilities, maintenance, supplies) — but before mortgage payments.

We estimate it as NOI = Projected Annual Revenue × 40%, assuming ~60% of gross goes to operating expenses on a typical Tahoe STR.

NOI feeds the cap rate below: Cap Rate = NOI ÷ List Price.

MONTHLY REVENUE

AVERAGE DAILY RATE

ADJUSTED OCCUPANCY

Estimates based on 2024-2025 comparable rental performance. Actual results vary.

Cost Segregation Tax Savings

Estimated first-year bonus depreciation savings

Estimated First-Year Tax Savings

via bonus depreciation

Land Value

Improvement Basis

5-Year Property (18%)

15-Year Property (10%)

Tax Bracket:

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

$3,654 per month

Principal & interest

$3,029/mo

Property taxes

$225/mo

The seller's current bill, from the MLS: a Nevada bill doesn't reset when a home sells.

HOA dues

$400/mo

From MLS listing data.

Home insurance

$0/mo

Land — no home to insure, so no insurance estimate.

Down payment

20% ($119,800)

Home price

$599,000

Loan details

30-yr fixed, 6.5%

Start Time

End Time

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