$300,000 Active
100 Wrangler Road #1
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

Set against the expansive backdrop of Palomino Valley, this 89-acre offering captures the kind of space, scale, and quiet that's becoming increasingly rare. Comprised of two parcels, the property offers both accessibility and a head start—one with maintained road access through Palomino Heights, the other with a well already in place and a rough building pad begun. Power is nearby, allowing you to bring your vision to life with greater ease. Surrounded by sweeping desert and mountain views, yet just 40 minutes from Reno-Tahoe International Airport and minutes to Spanish Springs, this is where privacy meets convenience. Whether you're building a legacy property, investing in land, or simply seeking space to breathe—this is a truly compelling opportunity.

Listed by Ann Dutton — Engel & Volkers Reno

Listing Details

Status Active
MLS # 260003862
Days on Market 63

Property History

Apr 03, 2026
Listed for sale
$300,000
Property Overview
Lot Size 89.05 acres
Property Type Land
STR Jurisdiction Washoe County
APN 077-400-06
Exterior & Lot
Lot Features Sloped Down, Sloped Up
View Desert, Mountain(s), Rural, Valley
Financial
Annual Tax $798
HOA Fee $400 / Annually
HOA / Community Palomino Heights Owners Association
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
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% ($60,000)
Home price
$300,000
Loan details
30-yr fixed, 6.5%
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Murat Gocmen
Murat Gocmen
Managing Broker
CA DRE# 02235314 NV B.1003327.LLC
(530) 317-0373

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