$349,900
Active Under Contract
27 Lightning W Ranch Road #48
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
Located behind the gates of the highly sought after Toiyabe Golf course community you'll find this rare buildeable lot. Over an acre backing up to the golf course with spectacular mountain views. This lot is a rare find and one of the very few available. The owner has home plans that can be included. Access to all utilities, power, cable, water with the exception of sewer. Septic is needed.
Listed by Vickie Kuckhoff — LPT Realty, LLC
Listing Details
Status
Active Under Contract
MLS #
260003443
Days on Market
71
Property History
Mar 26, 2026
Listed for sale
$349,900
Current
Pending
$349,900
Property Overview
Lot Size
1.14 acres
Property Type
Land
Subdivision
Lightning `W` Ranch Ranch Unit
STR Jurisdiction
Washoe County
APN
055-373-03
Exterior & Lot
Lot Features
On Golf Course
View
Golf Course, Mountain(s), Peek
Financial
Annual Tax
$1,332
HOA Fee
$167 / Monthly
HOA / Community
Franktown Estates Homeowners Association
Schools
Elementary School
Pleasant Valley
Middle School
Depoali
High School
Damonte
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% ($69,980)
Home price
$349,900
Loan details
30-yr fixed, 6.5%
Send a Message
Or call directly: 530.613.5207
