$150,000 Active
7275 Pembroke Drive
Reno, NV 89502
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.

About This Property

**Auction-Style Sale - Minimum Bid 150,000** Rare opportunity to purchase a Hidden Valley property with significant restoration potential. The seller will consider offers beginning at a **minimum bid of $150,000**. **All offers must be submitted no later than 5:00 PM on July 13.** Seller will review all offers on **July 14** and reserves the right to accept, reject, or negotiate any offer. The seller reserves the right to accept an offer prior to the deadline **IMPORTANT SAFETY NOTICE:** Due to hazardous conditions resulting from the flood event, **DO NOT ENTER THE STRUCTURE**. Entry is prohibited without the seller's prior written authorization. Buyers and agents enter the property grounds at their own risk. Property is being sold **AS-IS, WHERE-IS**, with no warranties or representations expressed or implied. Seller is unable to perform any repairs, remediation, cleanup, or removal of mud, debris, or damaged materials. Buyer is solely responsible for completing all due diligence, including but not limited to verification of the condition and operability of the septic system, structural integrity, permitting requirements, property condition, and all other matters material to the purchase. Existing city utilities, including **water, power, and natural gas, are connected**; however, buyer shall independently verify the condition and functionality of all utilities and systems to their satisfaction. RV TRAILER DOES NOT CONVEY

Listed by Jena Lanini — Coldwell Banker Select Mt Rose

Listing Details

Status Active
MLS # 260008445
Days on Market 1

Property History

Jul 01, 2026
Listed for sale
$150,000
Property Overview
Lot Size 0.42 acres
Property Type Land
Subdivision Hidden Valley Highlands 1
STR Jurisdiction Washoe County
APN 051-071-10
Exterior & Lot
Lot Features Corner Lot
Financial
Annual Tax $2,406
Schools
Elementary School Hidden Valley
Middle School Pine
High School Wooster
📊

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% ($30,000)
Home price
$150,000
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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