$299,000 $340,000 ↓ $41,000 reduced Active
1205 Appian Way #46
Reno, NV 89510
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.

About This Property

Escape to your own private mountain paradise with this expansive 121.84 acre parcel of undeveloped land in Paradise Valley. Located 30 miles from central Reno and 12 miles from Sutcliffe, this lot is perched near the top of the Pah Pah Range, with views of Pyramid Lake. Sustainable off-grid living dots the area. Maybe container home or family compound? Designed by nature for eco-friendly ingenuity, the land features a gentle downward elevation that is ideal for gravity-fed systems and seamless gray water drainage paths. Areas of this parcel provide unobstructed views of Pyramid Lake. There is also a 5 acre flat area suitable for building a single family home. Nearby parcels have been developed and most are off grid. Power is more than a mile away at the base of the access road. Nature enthusiasts and hunters will appreciate the local wildlife with chucker, mule deer, bighorn sheep, coyotes, jackrabbits, white pelicans and golden eagles frequent the area. This area is remote and rugged. Recommend an all terrain vehicle if you wish to take the access road all the way to the top. Buyer to verify all information, including utilities, easements, and building requirements.

Listed by Leslie Henderson — Call It Closed International Realty

Listing Details

Status Active
MLS # 250058321
Days on Market 293

Property History

Nov 17, 2025
Listed for sale
$340,000
Jul 21, 2026
Price reduced
$299,000 $340,000 ↓ $41,000
Property Overview
Lot Size 121.84 acres
Property Type Land
STR Jurisdiction Washoe County
APN 076-490-10
Exterior & Lot
Lot Features Adjoins BLM/BIA Land, Gentle Sloping, Sloped Down, Sloped Up, Steep Slope, Wooded, Zero Lot Line
View Desert, Mountain(s), Valley
Financial
Annual Tax $321
Schools
Elementary School Antelope Elementary
Middle School Sparks
High School Spanish Springs
📊

STR Investment Analysis

See projected rental revenue, occupancy rates, and investment scores.

STR Investment Analysis

Permitted Zone
STRUCTURAL SCORE Excellent
87
PROJECTED GROSS ANNUAL REVENUE
$118K – $167K typically ~$142,500
~$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% ($59,800)
Home price
$299,000
Loan details
30-yr fixed, 6.5%
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