$3,000,000 Active
12000 N Red Rock Road
Reno, NV 89508
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
3 Beds
·
3.5 Baths
·
3,304 Sq Ft

About This Property

80 acres zoned MDS with the potential to subdivide or create a private family compound. Washoe County MDS zoning to support 240+ lots, with paths for utilities and access. Usable land, existing improvements, and close proximity to Reno position this as a rare blend of lifestyle and development upside. Whether you're looking to build a legacy family compound or capitalize on future subdivision potential, this property offers true flexibility at scale, something increasingly hard to find this close to town. The land itself is both usable and inspiring, with wide-open terrain, panoramic valley views, and the freedom to shape a vision over time. Whether preserved as a legacy estate or thoughtfully developed in phases, the flexibility here is unmatched. At the heart of the property sits a 3,300 square foot residence, complemented by stables and multiple outbuildings, offering immediate functionality for equestrian use, recreation, or rural living. Fully fenced and thoughtfully improved, the property is ready to be enjoyed today while planning for tomorrow. Positioned just 7 minutes from Interstate 580 and approximately 20 minutes from Downtown Reno, the property offers seamless access to the region's amenities while maintaining a sense of seclusion and space. Its proximity to Stead Airport and the continued growth of the North Valleys further enhances its long-term value and appeal. Large-acreage properties of this caliber, with favorable zoning, infrastructure, and proximity to a growing metropolitan area, are increasingly rare. This is an opportunity to secure not just land, but a long-term vision. One that balances lifestyle, legacy, and investment.

Listed by Jaimie Saladis — Haute Properties NV

Listing Details

Status Active
MLS # 260003435
Days on Market 43
Price/Sq Ft $908

Property History

Mar 26, 2026
Listed for sale
$3,000,000
Property Overview
Beds 3
Baths 3.5
Sq. Ft. 3,304
Lot Size 80.00 acres
Stories 1
Year Built 1995
Property Type Single Family Residence
APN 086-250-01
Parking
Garage Spaces 4
Total Parking 4
Parking Features Attached, Garage, RV Access/Parking, RV Garage
Attached Garage Yes
Exterior & Lot
Exterior Features Dog Run
Lot Features Gentle Sloping, Level
View Mountain(s), Valley
Construction Stucco
Roof Pitched, Tile
Foundation Crawl Space
Utilities & Systems
Heating Baseboard, ENERGY STAR Qualified Equipment, Geothermal, Oil, Radiant Floor
Cooling ENERGY STAR Qualified Equipment
Financial
Annual Tax $5,921
Schools
Elementary School Silver Lake
Middle School Cold Springs
High School North Valleys
📊

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% ($600,000)
Home price
$3,000,000
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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