$220,000 Active
3560 Nye Drive
Washoe Valley, NV 89704
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.

About This Property

Build now or hold for the future. This level 1-acre parcel in East Washoe Valley offers the hard-to-find combination of existing utilities, beautiful mountain views, and a prime location between Reno and Carson City. Well (2008), electric, natural gas, and a **brand-new septic system in July 2026—including both the tank and leach field** are already onsite, saving buyers substantial time and expense. Horses are welcome. The property currently includes a tenant-owned mobile home on a month-to-month lease, offering immediate rental income with upside potential, as rents have not been increased since 2017. Whether you're looking to hold as an investment or build your dream home in Washoe Valley, the possibilities are endless. Act fast, properties with this combination of location, utilities, recent infrastructure improvements, and flexibility don't stay available long.

Listed by Megan LoPresti — McKee Real Estate

Listing Details

Status Active
MLS # 260005819
Days on Market 40

Property History

Jul 28, 2026
Listed for sale
$220,000
Jul 28, 2026
Price changed
$220,000
Jul 28, 2026
Relisted
$220,000
Property Overview
Lot Size 1.00 acres
Property Type Land
Subdivision Washoe Valley Farms
STR Jurisdiction Washoe County
APN 050-462-21
Exterior & Lot
Lot Features Level
View Mountain(s)
Financial
Annual Tax $786
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
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% ($44,000)
Home price
$220,000
Loan details
30-yr fixed, 6.5%
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