$495,000
Active
0 Joy Lake Road
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
This private 5-acre parcel offers a beautiful building site with unobstructed panoramic views of Washoe Valley, Washoe Lake, the Sierra Nevada's and Virginia mountain range. This parcel is located behind the St. James Village gates, has been grandfathered in and not included in the HOA and has "No monthly fees!" Site plan has been filed, rough grade is done and well drilling permit is in hand. Take Joy Lake Road through the gate at St James Village, then turn right at Southwind Drive and follow it to the end.
Listed by Tom Townsend — Ferrari-Lund Real Estate Reno
Listing Details
Status
Active
MLS #
250056206
Days on Market
255
Property History
Sep 23, 2025
Listed for sale
$495,000
Property Overview
Exterior & Lot
Lot Features
Gentle Sloping, Open Lot, Sloped Down, Corners Marked
Financial
Annual Tax
$773
Schools
Elementary School
Pleasant Valley
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% ($99,000)
Home price
$495,000
Loan details
30-yr fixed, 6.5%
Send a Message
Or call directly: 530.613.5207
