$600,000 Active
421 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

Build-ready 1+ acre homesite in gated River Pines. Utilities available, with Truckee River frontage and sweeping Sierra views. Perched above the Truckee River in Washoe County, this is the kind of level, buildable homesite that rarely comes available. Just over an acre in the exclusive, gated River Pines enclave, it offers an elevated setting and sweeping views of the Truckee River and the Sierra Nevada — while keeping you steps from the water. Utilities are available to the site, making this a true build-ready lot with generous, level space to design the custom home and landscape you've been dreaming of. Set in a private gated community of only a handful of parcels, it delivers real seclusion with easy walking access down to the river. A striking natural boulder at the back of the lot adds instant character and the chance to create something truly one-of-a-kind. If you love the Sierras paired with the presence of the Truckee River, don't miss this rare opportunity to build your dream home in one of Washoe County's most scenic settings.

Listed by Ayla Pike — Dickson Realty - Damonte Ranch

Listing Details

Status Active
MLS # 260006473
Days on Market 60

Property History

May 21, 2026
Listed for sale
$600,000
Property Overview
Lot Size 1.06 acres
Property Type Land
Subdivision River Pines
STR Jurisdiction Washoe County
APN 038-280-54
Exterior & Lot
Lot Features Level, Open Lot, Corners Marked
View Mountain(s), Trees/Woods
Financial
Annual Tax $3,248
HOA Fee $600 / Quarterly
HOA / Community River Pines
Schools
Elementary School Verdi
Middle School Billinghurst
High School McQueen
📊

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% ($120,000)
Home price
$600,000
Loan details
30-yr fixed, 6.5%
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