$280,000
Active
255 Mugo Pine Circle #34
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
Parcel in Galena Forest near Mt Rose Highway offering a private forest setting with mature pines and access to hiking, biking, and year round recreation near Galena Creek Regional Park and Mt Rose Ski Tahoe. Approximately 20 minutes to Lake Tahoe and minutes to South Reno, dining, shopping, and Reno Tahoe International Airport. This parcel is not available for separate purchase prior to the sale of the adjacent home at 305 Mugo Pine Circle. Buyer of the home will have the first opportunity to purchase this parcel. If not purchased with the home, seller intends to offer the parcel for sale separately after the home closes.
Listed by Jodi Kruse — Sierra Sotheby's International
Listing Details
Status
Active
MLS #
260006084
Days on Market
22
Property History
May 14, 2026
Listed for sale
$280,000
Property Overview
Lot Size
0.56 acres
Property Type
Land
Subdivision
Galena Forest Estates 1
STR Jurisdiction
Washoe County
APN
047-086-31
Exterior & Lot
Lot Features
Cul-De-Sac, Level
View
Trees/Woods
Financial
Annual Tax
$1,598
HOA Fee
$330 / Annually
HOA / Community
Galena Forest Estates 1
Schools
Elementary School
Hunsberger
Middle School
Marce Herz
High School
Galena
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% ($56,000)
Home price
$280,000
Loan details
30-yr fixed, 6.5%
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Or call directly: (530) 317-0373
