$1,200,000 Active
5650 Old US Hwy 395
Washoe Valley, NV 89704
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
4 Beds
·
2.5 Baths
·
2,852 Sq Ft

About This Property

Experience the charm of country living along historic Old US Hwy 395, where privacy and convenience come together seamlessly. Set on 2.8 acres of usable land with open pastures, this property offers a peaceful rural lifestyle just minutes from local amenities. The 2,852 sq ft home is thoughtfully designed with all bedrooms located on the upper level, while the main floor features formal living spaces ideal for entertaining. Expansive windows throughout the home fill each room with natural light and showcase stunning mountain views. Outside, the property continues to impress with a functional barn, a detached office, a storage shed, and fencing suitable for horses. This exceptional horse property offers the perfect blend of country living and modern accessibility, all within close proximity to shopping, dining, and essential services.

Listed by Johanna Summersett — BHG Drakulich Realty

Listing Details

Status Active
MLS # 260003967
Days on Market 33
Price/Sq Ft $421

Property History

Apr 04, 2026
Listed for sale
$1,200,000
Property Overview
Beds 4
Baths 2.5
Sq. Ft. 2,852
Lot Size 2.83 acres
Stories 2
Year Built 1993
Property Type Single Family Residence
APN 055-162-04
Parking
Garage Spaces 3
Total Parking 3
Parking Features Attached, Garage
Attached Garage Yes
Exterior & Lot
Exterior Features None
Lot Features Level, Pasture, Sprinklers In Front, Sprinklers In Rear
View Mountain(s)
Roof Composition, Pitched, Shingle
Foundation Crawl Space
Utilities & Systems
Heating Forced Air
Financial
Annual Tax $5,023
Schools
Elementary School Pleasant Valley
Middle School Marce Herz
High School Galena
📊

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% ($240,000)
Home price
$1,200,000
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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