$70,000
Active
3520 Dry Lake Road
Reno, NV 89521
STR Status Unknown
About This Property
Breathtaking 10-acre parcel with expansive views of the Virginia City Highlands. Perfect for your custom retreat or cabin getaway. Easy access through nearby road, and only 40 minutes from downtown Reno. Close enough to city to get there easily, and far enough away to have some privacy.
Listed by Kile Baker — Fathom Realty
Listing Details
Status
Active
MLS #
250005508
Days on Market
403
Property History
Apr 28, 2025
Listed for sale
$70,000
Property Overview
Lot Size
10.89 acres
Property Type
Land
APN
003-381-03
Exterior & Lot
Lot Features
Open Lot, Rolling Slope
View
Desert, Trees/Woods, Valley
Financial
Annual Tax
$266
HOA Fee
$200 / Annually
HOA / Community
Highland Ranches Property Owners Association
Schools
Elementary School
Gallagher, Hugh
Middle School
Virginia City
High School
Virginia City
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% ($14,000)
Home price
$70,000
Loan details
30-yr fixed, 6.5%
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Or call directly: (530) 317-0373
