$1,400,000 Active Under Contract
0 Quaking Aspen/Microwave Road #1,2,3,4,5,6,7
Reno, NV 89510
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.

About This Property

Price reduced for quick sale! Incredible opportunity- now offered at ~1,350 per acre. Whether you are an investor, developer, hunter or looking to build your dream project, this is your chance to secure a massive parcel at unbeatable value. Act fast-deals like this don't last! Over 1,000 acres, 7 contiguous lots with views, privacy, nature. Excellent access from Mountain Aspen Rd & the new road coming in from Quaking Aspen. There are ~10 springs producing water year round. Most of them surrounded by beautiful Aspen trees, some have creeks that run for over 1/4 miles. There is a septic system installed and running water at a great camping area-can fit 20+ campsites, or a very large homestead. Surrounded on 3 sides by 30,000 acres BLM land, Close to town, only 30 min from Spanish Springs. Excellent skiing, snowboarding in the winter months. There are hundreds of paleolithic Native American artifacts. Half of the property is covered in 100+ year old Juniper trees. Incredible rock outcroppings filled with owls and other wildlife. The most incredible wildflowers to be found anywhere from May-July. All corners are surveyed and staked. 40' storage container is included in the sale. See attached DOCS for recorded map and pricing for individual lots.

Listed by Anna Lord — Tomana Realty

Listing Details

Status Active Under Contract
MLS # 250005518
Days on Market 402

Property History

Apr 29, 2025
Listed for sale
$1,400,000
Current
Pending
$1,400,000
Property Overview
Lot Size 1038.36 acres
Property Type Land
STR Jurisdiction Washoe County
APN 077-580-06
Exterior & Lot
Lot Features Adjoins BLM/BIA Land, Landscaped, Level, Open Lot, Rolling Slope, Sloped Down, Sloped Up, Wooded, Corners Marked
View Desert, Mountain(s), Peek, Trees/Woods, Valley
Financial
Annual Tax $2,182
Schools
Elementary School Taylor
Middle School Shaw Middle School
High School Spanish Springs
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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% ($280,000)
Home price
$1,400,000
Loan details
30-yr fixed, 6.5%
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Murat Gocmen
Murat Gocmen
Managing Broker
CA DRE# 02235314 NV B.1003327.LLC

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