$87,000 Active
3500 Dry Lake Road
Reno, NV 89521
STR Status Unknown

About This Property

Welcome to your slice of paradise in the high desert! This extraordinary 10-acre vacant land boasts breathtaking panoramic views, adjacent to a serene lake, and adorned with tranquil streams weaving through the landscape. Nestled in nature's embrace, this property offers a rare opportunity to build your dream retreat, whether it be a tranquil getaway or an outdoor enthusiast's haven., Imagine waking up to the gentle rustle of leaves, the soothing sound of flowing water, and the majestic beauty of the desert landscape stretching out before you. With endless possibilities for recreation, relaxation, and exploration, this is the perfect canvas to create your own oasis in the desert. Don't miss out on this once-in-a-lifetime opportunity to own a piece of paradise!

Listed by Justus Vaughan — LPT Realty, LLC

Listing Details

Status Active
MLS # 240003307
Days on Market 798

Property History

Mar 29, 2024
Listed for sale
$87,000
Property Overview
Lot Size 10.38 acres
Property Type Land
APN 003-381-40
Exterior & Lot
Lot Features Adjoins BLM/BIA Land, Adjoins Lake, Level, Corners Marked, Desert
View Desert, Mountain(s)
Financial
Annual Tax $303
HOA Fee $900 / Annually
Schools
Elementary School Gallagher, Hugh
Middle School Virginia City
High School Virginia City
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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% ($17,400)
Home price
$87,000
Loan details
30-yr fixed, 6.5%
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Kristina Mattson
Kristina Mattson
Broker - Owner
CA 01950662
530.613.5207

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