$2,575,000 Active
1015 US highway 395
Washoe Valley, NV 89704
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
7 Beds
·
5.5 Baths
·
4,500 Sq Ft
Virtual Tour

About This Property

"Home Means Nevada." This property defines what Nevada living is all about. Warm and inviting the moment you walk in, every corner tells a story rooted in the land, history, and craftsmanship of Northern Nevada. Located in Washoe Valley along U.S. Highway 395, the property offers direct access to Reno and Carson City while maintaining privacy, open space, and a true Northern Nevada setting. The main residence is approximately 2,400 sq ft with 3 bedrooms and 3.5 bathrooms. The living area is centered around a 20-foot stone fireplace built from materials connected to the 1983 Slide Mountain event. At its base, hearth stones weighing over 3,000 pounds, historically used for mounting horses, remain in place with original steel rings. Additional details carry throughout the home, from tin accents to a stair rail sourced from a historic Virginia City building. The home is topped with a durable metal roof. The main-level primary suite features high ceilings, a wood-burning fireplace, and direct access to a wraparound porch. Two additional en-suite guest bedrooms each offer full bathrooms, with one on the main level and the second on the upper level with a loft-style layout. The kitchen features granite countertops, a custom copper countertop breakfast bar, copper ceiling accents, and a spacious pantry. The kitchen cabinets are a true conversation piece, adding a unique design that you do not see every day. The layout opens to the main living area for easy flow. The result is a space with a strong Old West character that still feels functional and open. The property also includes two duplex units, each approximately 1,050 sq ft, provide added flexibility and income potential. Both offer 2-bed, 1-bath, full kitchens, stainless steel appliances, in-unit washer and dryer, mini-split systems for AC and heating, and private outdoor areas. One unit features a 1-car garage and backs to a peaceful creek setting. These units offer multiple use options, including rental income, extended family living, guest accommodations, or a combination of all three. The grounds feature a 120+ year-old orchard with apple, cherry, and pear trees, along with owned year-round water rights. A pond stocked with trout is paired with a rustic cabin built from wood tied to Genoa's early history. Reclaimed barnwood from Franktown adds further local character. Davis Creek runs through the property, enhancing the natural setting and year-round appeal. Zoned for horses with space for equestrian use and RV access. Approximately 900 sq ft of additional land has been recently acquired from NDOT and is pending final county record update. Once finalized, this additional space will be added to the total property acreage. Nearby access to hospitals, shopping, and daily services is within 10-15 minutes, with convenient reach to both South Reno and Carson City. Experience what this property truly offers the moment you arrive. From the character inside to the calm you feel outside, this is a place where you can unwind at the end of the day, sit by the pond, and take in the peace that surrounds you. A property built and cared for by its original owners, offering you the opportunity to become part of its story and carry its history forward. A list is available of furnishings and antique items included with the sale. Schedule your private showing and come see it for yourself.

Listed by Ana Hooker — Dickson Realty - Caughlin

Listing Details

Status Active
MLS # 260004512
Days on Market 22
Price/Sq Ft $572

Property History

Apr 15, 2026
Listed for sale
$2,575,000
Property Overview
Beds 7
Baths 5.5
Sq. Ft. 4,500
Lot Size 2.56 acres
Stories 2
Year Built 1990
Property Type Single Family Residence
APN 046-051-49
Parking
Garage Spaces 1
Total Parking 2
Parking Features Additional Parking, Carport, Detached, Garage, Parking Pad, RV Access/Parking
Attached Garage Yes
Exterior & Lot
Exterior Features Fire Pit
Lot Features Adjoins Lake, Common Area, Landscaped, Level, Pasture
View Meadow, Mountain(s), Trees/Woods
Construction Frame
Roof Metal
Foundation Crawl Space
Utilities & Systems
Heating Propane
Financial
Annual Tax $2,053
Schools
Elementary School Pleasant Valley
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
Home insurance
$0
Estimate only — wildfire zone rates vary. Contact a local broker for an accurate quote.
Down payment
20% ($515,000)
Home price
$2,575,000
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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