$450,000 Active
01516108 Idaho Street
Silver Springs, NV 89429
STR Status Unknown

About This Property

28.81 acres zoned E-1, level lot with public paved access. Sub-dividable into approximately 75 lots, with a 12,000 square foot minimum per lot. No water rights included with the sale, but potentially available. Adjoining an existing subdivision and close to the growing data centers in RTIC. Ready to be developed in a prime new development area. With the new Comstock Loop, Reno, Carson City, and Lake Tahoe are easily accessible. Ideal for investors and builders looking to capitalize on the future potential., With the continued rise in housing demand and the Tahoe Reno Industrial Center close by, now is the time to capitalize on this prime development opportunity. Discover the potential of this expansive parcel in Silver Springs, Nevada. This level lot offers the opportunity to create a thriving residential community, with the potential for subdivision into 12,000-square-foot minimum lots. While no water rights are included in the sale, the property benefits from paved public access and is ideally positioned next to an existing subdivision, offering ease of connectivity. Perfect for equestrian enthusiasts, horses are welcome on the property. The location also provides convenience, being just a short distance from the Silver Springs Airport, making it a prime candidate for future growth and development. This land is ready for development in one of Nevada's fastest-growing areas with major hubs of Reno, Carson City, and the scenic Lake Tahoe are all within easy reach, enhancing its appeal for both developers and future homeowners. Take advantage of this unique opportunity to invest in a promising development area and create your vision in this prime location.

Listed by Bob Fredlund — Coldwell Banker Select RE CC

Listing Details

Status Active
MLS # 240012615
Days on Market 583

Property History

Oct 02, 2025
Listed for sale
$450,000
Property Overview
Lot Size 28.81 acres
Property Type Land
APN 015-161-08
Exterior & Lot
Lot Features Level, Open Lot
View Desert, Mountain(s)
Financial
Annual Tax $1,050
Schools
Elementary School Silver Springs
Middle School Silver Stage (Lyon)
High School Silver Stage (Lyon)
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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% ($90,000)
Home price
$450,000
Loan details
30-yr fixed, 6.5%
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Kristina Mattson
Kristina Mattson
Broker - Owner
CA 01950662

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