$98,000
Active
2980 N Star Road
Reno, NV 89521
STR Status Unknown
About This Property
Just under 12 acres of land in the beautiful Virginia City Highlands with exceptional views. This centrally located parcel of land is the perfect mix of off grid living and convienience. Positioned perfectly it is less than a 15 minute drive to Historic Virginia City one way and the ever expanding Shayden Summit Mall in the other. Power is on adjacent properties which makes developing this parcel into your own private oasis simple. Drive By Today! Seller Financing available with 50 percent down. Call Agent for details.
Listed by Terina Metoyer — RE/MAX Professionals-Reno
Listing Details
Status
Active
MLS #
250052366
Days on Market
311
Property History
Jan 13, 2026
Listed for sale
$98,000
Property Overview
Lot Size
11.68 acres
Property Type
Land
APN
00335118
Exterior & Lot
View
Mountain(s), Trees/Woods
Financial
Annual Tax
$355
HOA Fee
$200 / Annually
HOA / Community
Virginia City Highlands
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% ($19,600)
Home price
$98,000
Loan details
30-yr fixed, 6.5%
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Or call directly: (530) 317-0373
