$175,000 Active
0 Quaking Aspen Road
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

Extraordinary two contiguous lots each over 80 acres located in the beautiful and exclusive Palomino Valley, close to Spanish Springs, Sparks and Reno. Within short distance the Reno/Tahoe International Airport, to Pyramid Lake, Lake Tahoe. This is an extremely rare opportunity to own large acreage close to everything. Just far enough to get away from it all, but only 30 minutes to everything you need including nearby Shopping in Reno/Sparks! Palomino Ranch Property Highlights: No HOA, No State Income Tax, Low Real Estate Taxes. Build your home, retirement dream house, equestrian barns, or just a weekend escape. Buy now Retire on it Later. Gorgeous views of the surrounding valley, desert and mountain. APN 077-270-24 (NNRMLS #250054370) is 86.06 and APN 077-270-25 (NNRMLS #250054374) is 81.66 for total of 167.72 acres.

Listed by Anna Lord — Tomana Realty

Listing Details

Status Active
MLS # 250054370
Days on Market 298

Property History

Aug 11, 2025
Listed for sale
$175,000
Property Overview
Lot Size 86.06 acres
Property Type Land
STR Jurisdiction Washoe County
APN 077-270-24
Exterior & Lot
Lot Features Gentle Sloping, Rolling Slope, Sloped Down, Sloped Up, Steep Slope, Wooded, Desert
View Desert, Mountain(s), Peek, Rural, Trees/Woods, Valley
Financial
Annual Tax $648
Schools
Elementary School Spanish Springs
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% ($35,000)
Home price
$175,000
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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