$1,098,000 Active
150 Old Washoe Drive
Washoe Valley, NV 89704
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
4 Beds
·
3.0 Baths
·
2,677 Sq Ft
Virtual Tour

About This Property

Experience the perfect blend of privacy, space, and versatility in this beautiful Old Washoe Valley property ideally located between Reno and Carson City. Set on nearly three acres of usable land, this rare property offers endless possibilities for horse enthusiasts, homesteaders, outdoor recreation, or simply enjoying peaceful country living while remaining close to city conveniences. Inside, the home has been thoughtfully updated with knotty alder wood doors, trim, crown molding, and window frames throughout, creating a warm and timeless character. Recent upgrades include energy-efficient mini-split heating and cooling systems, recently replaced windows that enhance natural light and efficiency, and a new septic system and leach field for added peace of mind. The main level features a spacious primary suite with en-suite bath, an additional bedroom and full bathroom, and a welcoming living area perfect for gathering with family and friends. Flexible spaces throughout the home offer options for a home office, workout area, hobby room, or creative studio. Just off the laundry room is a converted garage currently used as a game room with a pool table, creating a fun space for entertaining. This area also includes a spare bedroom or office, offering additional flexibility for guests or workspace. Upstairs provides two additional bedrooms, a full bath, a bright open living room, and a kitchenette with separate access, creating excellent potential for guest quarters, multi-generational living, or rental opportunities for weekend visitors or seasonal skiers. Outside, the property truly shines. Nearly three acres of usable land include pasture space suitable for horses, a seasonal pond, and a greenhouse for year-round gardening, making it ideal for those looking to embrace a homesteading lifestyle. The property also offers ample RV parking and room to build a shop, pole barn, or horse arena, providing incredible flexibility for equestrian use, hobby farming, or additional storage for recreational vehicles and equipment. With its combination of usable acreage, flexible living spaces, modern upgrades, and equestrian possibilities, this property offers a rare opportunity to create your own private country retreat while enjoying convenient access to both Reno and Carson City. Opportunities like this—nearly three usable acres in Old Washoe Valley with room for horses, homesteading, and future improvements—rarely come available.

Listed by Marti Allison — Berkshire Hathaway HomeService

Listing Details

Status Active
MLS # 260001827
Days on Market 79
Price/Sq Ft $410

Property History

Apr 10, 2026
Listed for sale
$1,098,000
Property Overview
Beds 4
Baths 3.0
Sq. Ft. 2,677
Lot Size 2.88 acres
Stories 2
Year Built 1959
Property Type Single Family Residence
APN 050-220-40
Parking
Garage Spaces 1
Total Parking 6
Parking Features Detached, Garage, Garage Door Opener, RV Access/Parking
Attached Garage Yes
Exterior & Lot
Exterior Features Balcony, Dog Run, RV Hookup
Lot Features Cul-De-Sac, Level, Meadow, Pasture
View Mountain(s), Trees/Woods
Construction Block, Stone
Roof Composition
Foundation Crawl Space
Utilities & Systems
Heating Electric, Fireplace(s), Pellet Stove
Financial
Annual Tax $2,453
Schools
Elementary School Pleasant Valley
Middle School Marce Herz
High School Galena
📊

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
Home insurance
$0
Estimate only — wildfire zone rates vary. Contact a local broker for an accurate quote.
Down payment
20% ($219,600)
Home price
$1,098,000
Loan details
30-yr fixed, 6.5%
Request a Tour
Murat Gocmen
Murat Gocmen
Managing Broker
CA DRE# 02235314 NV B.1003327.LLC

Send a Message

Or call directly: (530) 317-0373