$139,900
Active
40 Prairie Way
Reno, NV 89506
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
About This Property
Escape to the serene beauty of this rural vacant land, offering unparalleled valley and peak views! Nestled against the mountain side at the end of cul-de-sac, this is a blank canvas with endless possibilities. Whether you envision an equestrian paradise, homestead, or a weekend retreat, this property provides the perfect opportunity to build whatever you desire! Located within 20 minutes to shopping amenities and freeway access it provides ultimate privacy while being within reach of modern conveniences., With direct access to BLM land this property allows for endless trail riding or ATV riding for the outdoor enthusiast!
Listed by Jake Kellames — Chase International-Damonte
Listing Details
Status
Active
MLS #
260001274
Days on Market
479
Property History
Feb 05, 2026
Listed for sale
$139,900
Property Overview
Exterior & Lot
Lot Features
Adjoins BLM/BIA Land, Cul-De-Sac, Level, Open Lot, Sloped Up, Corners Marked
View
Desert, Mountain(s), Peek, Valley
Financial
Annual Tax
$437
Schools
Elementary School
Desert Heights
Middle School
Cold Springs
High School
North Valleys
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% ($27,980)
Home price
$139,900
Loan details
30-yr fixed, 6.5%
Send a Message
Or call directly: 530.613.5207
