$149,900 Active
21740 Clemens Road
Reno, NV 89521
STR Status Unknown

About This Property

Stop settling for cookie-cutter. This rare 3.09-acre Virginia City Highlands property gives you the space, privacy, and freedom that's getting harder and harder to find. 2 parcels have been combined to create one incredible opportunity with room to build your dream home, a shop, RV garage, horse setup, guest house, or simply enjoy wide-open Northern Nevada living. The hard work is already underway with a well installed and a graded building site in place. Gentle rolling terrain, mountain views, mature trees, and power nearby make this potentially one of the most buildable opportunities currently available in the Highlands. Located just 20-25 minutes from South Reno, you'll enjoy the peace and quiet of country living without feeling disconnected from everyday conveniences. As an added bonus, the combined parcels allow for the potential to build two homes, creating flexibility for multi-generational living, guest accommodations, or future investment opportunities. Horses are welcome. Come walk the property and see why so many people are trading crowded neighborhoods for space, views, and a lifestyle that feels like Nevada. Sale also includes APN: 003-161-59 (21730 Clemens).

Listed by Shirley Larkins — Nevada Real Estate Connections

Listing Details

Status Active
MLS # 260001207
Days on Market 122

Property History

Feb 03, 2026
Listed for sale
$149,900
Property Overview
Lot Size 3.09 acres
Property Type Land
APN 003-161-60
Exterior & Lot
Lot Features Gentle Sloping, Wooded
View Mountain(s), Trees/Woods
Financial
Annual Tax $143
HOA Fee $100 / Annually
HOA / Community VC Highlands
Schools
Elementary School Hillside
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% ($29,980)
Home price
$149,900
Loan details
30-yr fixed, 6.5%
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Kristina Mattson
Kristina Mattson
Broker - Owner
CA 01950662

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Or call directly: 530.613.5207