$475,000 Active
0 ELLIREESE Court
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

Tucked at the end of a quiet cul-de-sac in Washoe Valley, these properties offer the kind of setting that is becoming increasingly hard to find. Unobstructed mountain and lake views stretch in every direction, with direct access to the outdoors right from your doorstep. Bordering BLM land on both the east and west sides of the development, this location is ideal for those who want space, privacy, and true Nevada lifestyle. Ride directly from the property by horse, mountain bike, dirt bike, or side-by-side with easy access to Jumbo Grade, Washoe Lake, and endless surrounding trails. The combination of privacy, open space, and unmatched recreational access makes this a rare opportunity in one of Northern Nevada's most scenic settings. All parties are aware the agent is related to the buyers.

Listed by Jessica Hodges — Real Broker LLC

Listing Details

Status Active
MLS # 260005946
Days on Market 23

Property History

May 13, 2026
Listed for sale
$475,000
Property Overview
Lot Size 5.00 acres
Property Type Land
Subdivision New Washoe City 3
STR Jurisdiction Washoe County
APN 050-470-21
Exterior & Lot
Lot Features Adjoins BLM/BIA Land, Cul-De-Sac, Gentle Sloping, Level, Sloped Down
View Desert, Mountain(s)
Financial
HOA / Community UNKNOWN
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% ($95,000)
Home price
$475,000
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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Or call directly: (530) 317-0373