$399,900 Active
000 Geiger Grade Road #(016-751-03)
Reno, NV 89521
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.

About This Property

Horses, Privacy, and Views! For the buyer who values space, privacy, and year-round adventure, this 40+-acre South Reno parcel is more than land—it's a lifestyle. Set high above the valley floor, this property offers some of the best views of Mt. Rose and Downtown Reno in the Virginia City Highlands area. Conveniently located only 12 minutes to South Reno's upscale shopping and dining, 25 minutes to downtown Reno's entertainment and nightlife or the trails and slopes of Mt. Rose-Ski Tahoe, and 45 to the shores of Lake Tahoe. A private dirt road takes you directly to a flat home site with sweeping, uninterrupted views of the Reno skyline and Mt. Rose where you can build your dream retreat with no HOA restrictions. Zoned for horses and surrounded by undeveloped land roamed by wild mustangs, this parcel is perfect for those who enjoy riding, hiking, trail running, and connecting deeply with the land. Rugged yet refined, it's the ideal backdrop for individuals who embrace the outdoors without sacrificing luxury. Whether you're a skier, mountain biker, hiker, or someone who simply finds freedom in wide-open space, this property delivers the perfect balance of high desert beauty, active living, and high-end potential. Located within one of Washoe County's best school districts, it's equally suited for growing families or those building a private retreat. Build the home that reflects your drive, your taste, and your lifestyle—where the horizon is wide open, and adventure begins at your doorstep.

Listed by Erin Albright — Chase International-Damonte

Listing Details

Status Active
MLS # 260001149
Days on Market 124

Property History

Feb 01, 2026
Listed for sale
$399,900
Property Overview
Lot Size 40.40 acres
Property Type Land
STR Jurisdiction Washoe County
APN 016-751-03
Exterior & Lot
Lot Features Gentle Sloping, Level, Sloped Down, Sloped Up, Wooded, Corners Marked
View City, Desert, Mountain(s), Ski Resort, Trees/Woods, Valley
Financial
Annual Tax $649
Schools
Elementary School Brown
Middle School Marce Herz
High School Galena
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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% ($79,980)
Home price
$399,900
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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