$540,000 Active
605 Ironwood Road
Reno, NV 89510
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
4 Beds
·
2.0 Baths
·
2,200 Sq Ft

About This Property

Opportunity knocks at 605 Ironwood for the buyer who sees potential. With 40 flat, fully fenced acres, this unique Palomino Valley geodesic dome property has 4 bedrooms and an office, a large kitchen and spacious great room. Outside, there is room for horses, goats, chickens - all creatures great and small! Covered patio addition not included in square footage, but is included in recent appraisal. Come see what the best deal per square foot and per acre in Palomino Valley can be! Some photos have been digitally retouched to remove personal property.

Listed by Samuel Olson — RE/MAX Professionals-Reno

Listing Details

Status Active
MLS # 260000566
Days on Market 118
Price/Sq Ft $245

Property History

Jan 16, 2026
Listed for sale
$540,000
Property Overview
Beds 4
Baths 2.0
Sq. Ft. 2,200
Lot Size 40.04 acres
Stories 2
Year Built 1981
Property Type Single Family Residence
APN 077-130-28
Parking
Parking Features None
Exterior & Lot
Lot Features Level, Meadow
View Mountain(s)
Roof Composition, Pitched
Foundation Crawl Space
Utilities & Systems
Heating Forced Air, Propane
Cooling Electric
Financial
Annual Tax $1,894
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
Home insurance
$0
Estimate only — wildfire zone rates vary. Contact a local broker for an accurate quote.
Down payment
20% ($108,000)
Home price
$540,000
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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