$525,000 Active
0 Pyramid (076-261-04) Way
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

Endless Possibilities on 127+ Acres in Palomino Valley! Here's your chance to own a rare piece of the high desert — 127+ acres of wide-open potential, located right off Pyramid Highway across from Winnemucca Ranch Road — the heart of Palomino Valley. This unique offering includes two adjacent parcels (076-261-04 & 076-261-05) being sold together, providing unmatched space and opportunity in one of Northern Nevada's most iconic rural settings. Situated just minutes from Pyramid Lake, a world-renowned destination for fishing, kayaking, and scenic beauty, and close to the legendary Moon Rocks OHV area — this property is a dream for outdoor lovers, investors, or anyone looking to create a private desert retreat. Whether you're imagining a ranch, a recreational basecamp, or a future development vision, this land is ready to become whatever you dream it to be. Palomino Valley is known for its sweeping views, privacy, and access to endless open space — yet you're still within reasonable reach of Sparks and Reno. No HOA. No limits. Just freedom, views, and pure Nevada landscape.

Listed by Penny Tenpenny — Keller Williams Group One Inc.

Listing Details

Status Active
MLS # 250053900
Days on Market 309

Property History

Jul 31, 2025
Listed for sale
$525,000
Property Overview
Lot Size 127.87 acres
Property Type Land
STR Jurisdiction Washoe County
APN 076-261-04
Exterior & Lot
Lot Features Rolling Slope
View Desert, Mountain(s), Valley
Financial
Annual Tax $1,747
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% ($105,000)
Home price
$525,000
Loan details
30-yr fixed, 6.5%
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Murat Gocmen
Murat Gocmen
Managing Broker
CA DRE# 02235314 NV B.1003327.LLC
(530) 317-0373

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