$746,000 Active Under Contract
5380 Double Creek Court
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

Every so often, a truly special parcel of land becomes available, inspiring the vision of a lifetime home. A magical setting, which not only awakens your senses, but draws you to a life of peace, quiet, and in-tune with some of mother nature's most exquisite and inspiring creations! Astonishing & wonderous are adjectives that come to mind when your eyes are drawn to our snow-capped Sierra Nevada Range. Meandering through your 4.21+- acres of rich flat ground, you'll find one of Reno's treasures, "Galena Creek", with crystal-clear waters rushing by the quaking aspens, and the stately Jeffery & Ponderosa pines. If lucky, you may spot the rare "Washoe Pine". The surrounding area offers terrific walking and equestrian trails, nearby Galena Park, and the fresh mountain air is uplifting. Imagine your family enjoying some of life's most treasured moments here - hiking, skiing, bird & wildlife watching, stunning sunrises & sunsets, plus the comfort of wide-open space with no close neighbors. Bring your favorite builder, walk the property, study the sun's path through every season, and start the process of creating the home you've always envisioned! All of this is located in desirable southwest suburban Reno, approximately 15 to 20 minutes from Reno-Tahoe International Airport and about the same distance to Lake Tahoe, the Jewel of the Sierra. Your dream is waiting.

Listed by Clay Alder — Dickson Realty - Damonte Ranch

Listing Details

Status Active Under Contract
MLS # 260005166
Days on Market 38

Property History

Apr 28, 2026
Listed for sale
$746,000
Current
Pending
$746,000
Property Overview
Lot Size 4.21 acres
Property Type Land
STR Jurisdiction Washoe County
APN 148-272-02
Exterior & Lot
Lot Features Cul-De-Sac, Level
View Meadow, Mountain(s), Trees/Woods
Utilities & Systems
Water Source Galena Creek
Financial
Annual Tax $3,393
HOA Fee $37 / Annually
HOA / Community DOUBLE CREEK HOA
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% ($149,200)
Home price
$746,000
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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