$10,000,000
Active
01672026 Western Skies #016-720-26
Reno, NV 89521
STR Status Unknown
About This Property
Contact the listing agent by searching for his name.Discover this incredible 40-acre property in South Reno with panoramic views of Downtown Reno and Mt. Rose, it's perfect for building your dream home or an equestrian estate. Just 25 minutes to downtown Reno and Lake Tahoe—access via four-wheel drive or UTV only!
Listed by Jonathan Wornardt — eXp Realty, LLC
Listing Details
Status
Active
MLS #
260003639
Days on Market
67
Property History
Mar 30, 2026
Listed for sale
$10,000,000
Property Overview
Lot Size
40.00 acres
Property Type
Land
Subdivision
Virginia Foothills 1
APN
016-720-26
Exterior & Lot
Lot Features
Gentle Sloping, Level, Meadow, Open Lot
View
City, Desert, Golf Course, Meadow, Mountain(s), Park/Greenbelt, Peek, Rural, Ski Resort, Trees/Woods, Valley
Financial
Annual Tax
$572
Schools
Elementary School
JWood Raw
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% ($2,000,000)
Home price
$10,000,000
Loan details
30-yr fixed, 6.5%
Send a Message
Or call directly: 530.613.5207
