$435,000 Active
355 River Pines Drive
Verdi, NV 89439
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.

About This Property

Big mountain views, Truckee River access, and wide-open space - this 1+ acre homesite in exclusive River Pines delivers the lifestyle people move to Verdi for. Approved architectural plans for a 2,839 sq. ft. custom home have already been thoughtfully designed to capture the breathtaking, panoramic views of the surrounding snow-capped Sierra Nevada mountains. With no homes directly beside or behind the parcel, the setting offers exceptional privacy and a stunning natural backdrop. The lot is ready to build, with a well already installed, engineered septic system designed, and power and cable available at the street. Plans have been approved by both the River Pines Architectural Committee and the City of Reno, allowing the next owner to move forward quickly by pulling permits and beginning construction. Alternatively, buyers may bring their own vision and design a completely custom home. River Pines residents enjoy private access to a walking path leading to the Truckee River, creating a peaceful outdoor lifestyle rarely found so close to town. Ideally located just off Bridge Street in Verdi, you're 10-15 minutes to downtown Reno, about 25 minutes to Truckee, and close to world-class hiking, fishing, skiing, dining, and shopping. Artist renderings of home roughly based off plans.

Listed by Amanda Gunter — Dickson Realty - Caughlin

Listing Details

Status Active
MLS # 260002911
Days on Market 83

Property History

Mar 14, 2026
Listed for sale
$435,000
Property Overview
Lot Size 1.14 acres
Property Type Land
Subdivision River Pines
STR Jurisdiction Washoe County
APN 038-280-39
Exterior & Lot
Lot Features Cul-De-Sac, Level, Open Lot, Corners Marked
View Mountain(s), Park/Greenbelt, Trees/Woods
Financial
Annual Tax $2,944
HOA Fee $200 / Monthly
HOA / Community River Pines HOA
Schools
Elementary School Verdi
Middle School Billinghurst
High School McQueen
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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% ($87,000)
Home price
$435,000
Loan details
30-yr fixed, 6.5%
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Kristina Mattson
Kristina Mattson
Broker - Owner
CA 01950662

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