$895,000 Active
405 River Pines Drive
Verdi, NV 89439
STR Status Unknown
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About This Property

145 feet of Truckee River frontage, cast your Fly here. Building and landscape plans are completed and ready to go! Welcome to a rare opportunity to own a piece of paradise at 405 River Pines Dr, nestled in the desirable area of Verdi, NV, right over the California border. This expansive land parcel fronts the Truckee River and offers a blank canvas for your dream vision. As you arrive, a secure gated entrance provides an added layer of privacy and peace of mind, inviting you to explore the boundless potential this property holds. Imagine crafting your ideal retreat amidst the picturesque backdrop of the Sierra Nevadas., This property is perfectly situated to offer the best of both worlds: a sense of seclusion while still being conveniently accessible to nearby amenities. Whether you envision building a contemporary architectural masterpiece or a cozy rustic escape, the possibilities are as limitless as your imagination. The architectural design for a single family home and ADU, Interior design and landscape design, has been done. Floor plans are available and a builder familiar with the plans is ready to start. The well has been installed. Don't miss the chance to create your own sanctuary in this sought-after location. Whether you are looking to invest or build your forever home, this property offers a unique opportunity to embrace a lifestyle of peace and natural beauty. Contact us today to explore this exceptional piece of land and start dreaming of the possibilities that await at 405 River Pines Dr.

Listed by Valerie Forte — Compass

Listing Details

Status Active
MLS # 250004472
Days on Market 423

Property History

Apr 08, 2025
Listed for sale
$895,000
Property Overview
Lot Size 1.13 acres
Property Type Land
Subdivision River Pines
APN 038-280-49
Exterior & Lot
Lot Features Cul-De-Sac, Gentle Sloping, Level, Open Lot, Sloped Down, Cleared, Corners Marked
View Mountain(s), Trees/Woods
Utilities & Systems
Water Source Truckee River
Financial
Annual Tax $4,448
HOA Fee $185 / Monthly
HOA / Community River Pines
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% ($179,000)
Home price
$895,000
Loan details
30-yr fixed, 6.5%
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Kristina Mattson
Kristina Mattson
Broker - Owner
CA 01950662

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