$600,000 Active
421 River Pines Drive
Verdi, NV 89439
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.

About This Property

Perched above the Truckee River with sweeping Sierra views, this is the kind of homesite that rarely comes available. A level, 1+ acre vacant homesite in the exclusive River Pines community, offering an elevated feel while staying close to the life of the Truckee River. Designed for maximum enjoyment of the outdoors, this property frames beautiful views of the Truckee River and Sierra Nevada mountains. From a build-ready setting with generous space to create the home and landscape you have been dreaming of. Set in a private, gated enclave of only a small number of parcels, the lot delivers a peaceful sense of seclusion with easy walking access down to the river. This parcel's character provides a beautiful boulder at the back of the lot that adds instant appeal and the possibility to create something truly unique. If you love the beauty of the Sierras mixed with the presence of the Truckee River you do not want to miss this rare opportunity to make this the start of your dream home.

Listed by Ayla Pike — Dickson Realty - Damonte Ranch

Listing Details

Status Active
MLS # 260006473
Days on Market 15

Property History

May 21, 2026
Listed for sale
$600,000
Property Overview
Lot Size 1.06 acres
Property Type Land
Subdivision River Pines
STR Jurisdiction Washoe County
APN 038-280-54
Exterior & Lot
Lot Features Level, Open Lot, Corners Marked
View Mountain(s), Trees/Woods
Financial
Annual Tax $3,248
HOA Fee $600 / Quarterly
HOA / Community River Pines
Schools
Elementary School Verdi
Middle School Billinghurst
High School McQueen
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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% ($120,000)
Home price
$600,000
Loan details
30-yr fixed, 6.5%
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Kristina Mattson
Kristina Mattson
Broker - Owner
CA 01950662

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