$1,200,000 Active
810 Schellbourne
Reno, NV 89511
STR Status Unknown

About This Property

Country living close to the city, 13 minutes from shopping, schools & hospitals. Washoe County Open Space on 3 sides with 4-wheel & ATV access. No HOA or CC&R's. Enjoy 360 great panoramic views of valley, mountains, amazing sunsets & sunrises, stargazing & weather phenomena like rainbows & unique cloud formations with no freeway or train sounds. The property has a seasonal creek & a small canyon. Use GPS, then look west at a white "Building Site" sign, 150' from pavement., Percolation test trench passed County Health for a standard septic system. Water Rights included to allow for a domestic well. Electricity available along Schellbourne St. Natural gas not available, propane deliveries are. County Article 424 Hillside Development restrictions don't apply because the building envelope has slopes less than 15 percent. Owner financing available, if sold at full price, 10 percent down 5 percent interest only payments for 3 years then balloon payment due to pay in full. With Buyer collateral, Seller will consider zero down & no payments for 3 years. Borders County Open Space which borders BLM- Lot Size Square Feet: 224,770

Listed by Dian VanderWell — Next Level PM

Listing Details

Status Active
MLS # 250005431
Days on Market 405

Property History

Apr 26, 2025
Listed for sale
$1,200,000
Property Overview
Lot Size 5.16 acres
Property Type Land
Subdivision Forest Hills
APN 041-140-28
Exterior & Lot
Lot Features Adjoins BLM/BIA Land, Greenbelt, Open Lot, Wooded, Corners Marked
View City, Desert, Mountain(s), Trees/Woods, Valley
Schools
Elementary School Huffaker
Middle School Pine
High School Reno
📊

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% ($240,000)
Home price
$1,200,000
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