$500,000 Active Under Contract
5152 Winding Ridge Drive
Reno, NV 89511
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.

About This Property

Rare opportunity to claim your place among Reno's most prestigious addresses. This 1.07-acre build-ready parcel in the coveted Arrowcreek community offers the perfect canvas for the custom home you've always envisioned — with all the hard work already done. Utilities are available and the relatively flat topography makes for a seamless build process, while the setting delivers something far more rare: sweeping, unobstructed views of the city lights, the valley floor, and the majestic Sierra Nevada peaks of the Mount Rose range. Whether you're watching the sunrise paint the mountains gold or the city shimmer below at dusk, this lot was made to be savored. Bordered by Arrowcreek HOA open space and Washoe County land on adjoining sides, the privacy here is exceptional — a quiet, natural buffer that will endure long after your dream home is built. As a resident of Arrowcreek, you'll enjoy access to the resident center (pool, gym, tennis & pickle ball, soccer field), and separately able to join the world-class Club at Arrowcreek amenities including the 36 hole Arnold Palmer golf course, a resort-style fitness center, pools overlooking the mountains, restaurant fine dining, casual dining, cafe, poolside dining, and a guard-gated entrance that defines elevated Reno-Tahoe living. It's a lifestyle as refined as the home you'll build. Opportunities like this — flat, view-rich, utility-ready land in a guard-gated luxury community — are increasingly rare in the Reno-Tahoe market. Come see why discerning buyers are calling Arrowcreek home.

Listed by Soni Jackson — Sierra Sotheby's International

Listing Details

Status Active Under Contract
MLS # 260005005
Days on Market 42

Property History

Apr 24, 2026
Listed for sale
$500,000
Current
Pending
$500,000
Property Overview
Lot Size 1.07 acres
Property Type Land
Subdivision Arrowcreek 27
STR Jurisdiction Washoe County
APN 152-911-01
Exterior & Lot
Lot Features Level, On Golf Course
View City, Mountain(s)
Financial
Annual Tax $1,261
HOA Fee $355 / Monthly
HOA / Community ArrowCreek
Schools
Elementary School Hunsberger
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% ($100,000)
Home price
$500,000
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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