$495,000 Active
3150 Old US Hwy 395 Highway
Washoe Valley, NV 89704
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.

About This Property

This gorgeous 5-acre parcel on the west side of Washoe Valley has spectacular mountain and valley views and is perfect for horses, livestock, chickens, fruit trees and vegetable garden. Build your dream home in the "country" yet only 10 minutes north to Reno or south to Carson City. Build your home with your own contractor or the seller can build your dream home with his experienced contractor to your specifications if you wish. The seller and contractor can advise on energy efficient home building and cost saving building methods. Water rights include 15 acre feet of surface irrigation water and 4 acre feet of domestic underground water. The property is a buildable lot and is zoned Medium Density Rural (MDR). The same owner has two additional lots that adjoin this lot, so you can buy one lot or all three (17.64 acres) Ride your horses off this property to BLM land through gated access. The Davis Creek Park and trailhead is right across the street from these parcels and has many beautiful hiking trails. Bowers Mansion is just down the road has a nice public swimming pool. Road cycling is fantastic in this area with scenic roads all the way to Carson City.

Listed by Jennifer Rosser — RE/MAX Professionals-Reno

Listing Details

Status Active
MLS # 260000936
Days on Market 129

Property History

Jan 27, 2026
Listed for sale
$495,000
Property Overview
Lot Size 5.00 acres
Property Type Land
STR Jurisdiction Washoe County
APN 046-042-07
Exterior & Lot
Lot Features Adjoins BLM/BIA Land, Level, Meadow, Pasture
View Meadow, Mountain(s)
Financial
Annual Tax $3,000
Schools
Elementary School Pleasant Valley
Middle School Marce Herz
High School Damonte
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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% ($99,000)
Home price
$495,000
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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