$199,000 Active
-- Osage Road
Reno, NV 89508
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.

About This Property

Presenting an extraordinary opportunity to create a legacy estate in one of Northern Nevada's most scenic and sought-after rural settings. This exceptional **5.26-acre homesite** is ideally situated in Washoe Valley, just north of Reno at the gateway to the prestigious Red Rock ranch area. Surrounded by custom homes, private ranches, and sweeping open space, the property enjoys captivating views of **Silver Lake**, located directly across the road, with the majestic Sierra Nevada providing a breathtaking backdrop. Whether you envision an elegant country residence, a refined equestrian estate, or a private ranch retreat, this remarkable parcel offers the space and setting to bring your vision to life. Gently rolling terrain provides ample room for a custom home, guest quarters, barns, riding arena, corrals, workshops, and expansive outdoor living designed to embrace Nevada's spectacular landscape. The property is well positioned for future development, with **producing wells on neighboring parcels** offering encouraging indications for water, while **power is conveniently available at the road**, helping streamline the building process. For those seeking an even grander estate, the **adjacent 5.26-acre parcel is also available**, creating the rare opportunity to assemble **10.52 acres** of premier land. Combined, the parcels provide exceptional flexibility for an expansive equestrian compound, multi-generational ranch, private retreat, or long-term investment. Offering the serenity of country living without sacrificing convenience, the property lies just minutes from Reno while benefiting from its location **in the path of progress**, with quality new residential communities emerging nearby. This unique combination of enduring rural character, nearby growth, and exceptional natural beauty makes this an opportunity that is becoming increasingly rare. Build the lifestyle you've imagined—where luxury, open space, equestrian living, and remarkable investment potential come together in one extraordinary Washoe Valley setting.

Listed by Scott Silva — Dickson Realty - Caughlin

Listing Details

Status Active
MLS # 260008741
Days on Market 1

Property History

Jul 09, 2026
Listed for sale
$199,000
Property Overview
Lot Size 5.26 acres
Property Type Land
STR Jurisdiction Washoe County
APN 086-370-04
Exterior & Lot
Lot Features Level
View Mountain(s), Valley
Financial
Annual Tax $821
Schools
Elementary School Silver Lake
Middle School Cold Springs
High School North Valleys

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% ($39,800)
Home price
$199,000
Loan details
30-yr fixed, 6.5%
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