$1,100,000 Active Under Contract
370 Panamint Road
Reno, NV 89521
STR Status Unknown
3 Beds
·
2.5 Baths
·
2,327 Sq Ft

About This Property

10 acres with a private road leads you to unparalleled Sierra Nevada views. Surrounded by luxury homes on 10 + acre. Offers much privacy yet short distance from mailboxes and only 8 miles from South Reno. Home is located on the top of a private knoll and well cared for, ready for immediate occupancy. All windows offer spectacular views. Master bedroom is downstairs. 2 additional bedrooms are upstairs. This is the home of Comstock Memorial Ham radio station and part of this sale. Appraisal established. By appointment only, the home may be previewed and accompanied by the listing agent.

Listed by Susie Haddock — Sierra Sotheby's International

Listing Details

Status Active Under Contract
MLS # 250053461
Days on Market 288
Price/Sq Ft $473

Property History

Jul 23, 2025
Listed for sale
$1,100,000
Current
Pending
$1,100,000
Property Overview
Beds 3
Baths 2.5
Sq. Ft. 2,327
Lot Size 10.03 acres
Stories 2
Year Built 1989
Property Type Single Family Residence
APN 003-431-18
Parking
Garage Spaces 2
Total Parking 10
Parking Features Detached, Garage, Garage Door Opener, Parking Pad
Attached Garage Yes
Exterior & Lot
Exterior Features None
Lot Features Gentle Sloping, Level, Rolling Slope, Sloped Down, Wooded
View City, Mountain(s), Ski Resort, Trees/Woods, Valley
Construction Frame
Roof Composition, Shingle
Foundation Concrete Perimeter, Crawl Space, Raised
Utilities & Systems
Heating Fireplace(s), Forced Air, Propane, Solar
Financial
Annual Tax $2,818
HOA Fee $200 / Annually
HOA / Community Virginia City Highland Property Owner
Schools
Elementary School Al Seeliger
Middle School Virginia City
High School Virginia City
HOA & Community
Community Amenities Parking
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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
Home insurance
$0
Estimate only — wildfire zone rates vary. Contact a local broker for an accurate quote.
Down payment
20% ($220,000)
Home price
$1,100,000
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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