$299,000 Active
3300 Thornhill Drive
Reno, NV 89509
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.

About This Property

A rare opportunity to acquire a vacant yet fully entitled, shovel-ready modern build site in the established Caughlin Ranch area — offering what most hillside lots do not: time certainty, reduced risk, and a resolved architectural solution. The architect approved design is ready to file for permits with the city and county a contemporary, custom residence that has already addressed complex slope, grading, and retaining conditions. The project includes a 735 square foot oversized garage with 12-foot ceilings and a 20' wide by 11' high garage door, ideal for recreational vehicles, boats, gear storage, or workshop use. Integrated at the garage level is a 650-square-foot, one-bath studio ADU with a full kitchen and laundry closet, thoughtfully configured for flexible occupancy, including guests, extended family, or short-term rental use. Above, the main residence spans 1,626 square feet and features two bedrooms, two baths, 10'+ ceilings, and an elevator connecting the garage level to the main living floor — a significant upgrade for long-term livability, accessibility, and premium rental appeal. The open great-room layout flows directly to covered outdoor terraces, creating a strong indoor-outdoor lifestyle well suited to the Reno climate. The primary bedroom features a large walk-in closet, a separate nook that can serve as an office, a luxury dual-vanity bathroom with a freestanding soaking tub, and a walk-in shower. The kitchen features space for a 6-burner gas stove, an oversized kitchen island with a beverage fridge, ample storage, and an under-counter microwave. The living room is designed to accommodate a wood-burning or electric fireplace. Views from the kitchen and living room extend through oversized glass sliders, creating an indoor-outdoor living concept. The site design delivers approximately 3,000 square feet of level outdoor living area across two terraces, plus a secondary rear pad with sweeping panoramic views, ideal for a detached office, gazebo, or view pavilion. The property backs directly to the historic Steamboat Ditch Trail, providing immediate access to miles of walking and biking trails, and enjoys a no-HOA setting within an established neighborhood. Critical due diligence is already complete and includes city water, sewer, and trash service; water and sewer availability letters; topographic survey; geotechnical studies; grading plan; structural plans; allowing a qualified buyer to proceed directly to submission for a permits and then begin their construction. Located approximately 10 minutes from Reno-Tahoe International Airport via Plum Lane, this offering is ideally suited for an owner-builder, STR-focused buyer, or small developer seeking a high-quality, permit-ready project with a premium end product.

Listed by Sarah Russell — Redfin

Listing Details

Status Active
MLS # 260002210
Days on Market 96

Property History

Mar 01, 2026
Listed for sale
$299,000
Property Overview
Lot Size 0.56 acres
Property Type Land
Subdivision West Plumb Lane Estates 2
STR Jurisdiction Washoe County
APN 009-452-06
Exterior & Lot
Lot Features Sloped Up, Corners Marked, Curbs, Storm Drains
View Mountain(s), Valley
Financial
Annual Tax $440
Schools
Elementary School Gomm
Middle School Swope
High School Reno
📊

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% ($59,800)
Home price
$299,000
Loan details
30-yr fixed, 6.5%
Request a Tour
Kristina Mattson
Kristina Mattson
Broker - Owner
CA 01950662

Send a Message

Or call directly: 530.613.5207