$89,900
$149,900
↓ $60,000 reduced
Active
00430124 Mount Davidson
Virginia City, NV 89440
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
About This Property
Forty acres of undeveloped mountain land above historic Virginia City with expansive views across the surrounding mountains, valleys and high desert. Forestry zoning, varied terrain and adjacency to BLM/BIA land create an unusual opportunity for a recreational holding, private retreat or long-term land investment subject to governmental approvals. Dirt/gravel access; no utilities, sewer or water are presently shown as available. An adjoining 40-acre parcel is also offered separately, creating the opportunity to acquire approximately 80 acres.
Listed by Bob Fredlund — Coldwell Banker Select RE CC
Listing Details
Status
Active
MLS #
230010883
Days on Market
1086
Property History
Sep 16, 2023
Listed for sale
$149,900
Property Overview
Exterior & Lot
Lot Features
Adjoins BLM/BIA Land, Gentle Sloping, Open Lot, Rolling Slope, Sloped Down, Sloped Up, Steep Slope, Wooded
View
City, Desert, Mountain(s), Peek, Trees/Woods, Valley
Financial
Annual Tax
$121
Schools
Elementary School
Gallagher, Hugh
Middle School
Virginia City
High School
Virginia City
STR Investment Analysis
Permitted Zone
STRUCTURAL SCORE
Excellent
87
PROJECTED GROSS ANNUAL REVENUE
$118K – $167K
typically ~$142,500
~$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% ($17,980)
Home price
$89,900
Loan details
30-yr fixed, 6.5%
