$980,000 Active
7440 Granite Ridge Road
Washoe Valley, NV 89704
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.

About This Property

Discover a truly one-of-a-kind opportunity in exclusive Granite Ridge, a gated community of 8 large parcels near Franktown Road bordered by Toiyabe National Forest. Build your dream estate on this remarkable 9.263-acre parcel, perfectly positioned to capture some of Northern Nevada's most breathtaking scenery. This wooded homesite offers sweeping, panoramic views of Washoe Valley, Washoe Lake, and the iconic peaks of Mount Rose. Adding to the property's appeal, key infrastructure is already in place—a well, septic system, and power are available on site, making it even easier to begin planning and building your vision. The property also features an impressive 3,446 -square-foot heated RV garage complete with a full bathroom, offering space to accommodate an oversized RV, cars and trucks and recreational vehicles. Equestrian enthusiasts will appreciate the horse setup, making this property suited for country living. With generous acreage and a ready-to-build setting, this rare property has endless potential in an extraordinary location.

Listed by Katie Conway — Ferrari-Lund Real Estate Reno

Listing Details

Status Active
MLS # 260004575
Days on Market 50

Property History

Apr 16, 2026
Listed for sale
$980,000
Property Overview
Lot Size 9.26 acres
Property Type Land
STR Jurisdiction Washoe County
APN 046-170-09
Exterior & Lot
Lot Features Adjoins BLM/BIA Land, Landscaped, Pasture, Sloped Down, Wooded
View Mountain(s), Peek, Ski Resort, Trees/Woods, Valley
Financial
Annual Tax $6,906
HOA Fee $4,800 / Annually
HOA / Community Jeffrey Pines HOA
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
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% ($196,000)
Home price
$980,000
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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