$1,600,000 Active
00 Euskera Drive
Sparks, NV 89441
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.

About This Property

±320-acre contiguous land holding located in the Palomino Valley area northeast of Sparks, offering expansive high-desert terrain, panoramic mountain views, and exceptional privacy. Situated near the growing Spanish Springs corridor, this rare half-section of GR-zoned land lies within the broader Truckee Meadows Regional Planning Agency planning region and along the eastern edge of Northern Nevada's continued growth path. The property features varied topography including gently rolling terrain, elevated ridgelines, and natural view corridors, with elevations reaching approximately 7,100 feet across portions of the site. Bordered by Bureau of Land Management land on multiple sides, the parcel benefits from surrounding open space and a uniquely secluded setting ideal for recreational, ranch, equestrian, off-grid, or long-term land investment use. Located within the Sparks Sphere of Influence and approximately 8-10 miles from USA Parkway as the crow flies, the property offers a compelling blend of privacy, regional accessibility, and long-term positioning within Northern Nevada's expanding development corridor. The area is well suited for horses, livestock, outdoor recreation, and rural residential living. GR zoning allows for a variety of agricultural and rural residential uses. A small portion of the property adjoins Development Constraint Area (DCA) designated land associated with the Truckee Canyon / Spanish Springs regional planning framework. Utilities are not currently on site. Natural washes and drainage patterns may exist throughout portions of the property. Buyer to independently verify all permitted uses, development requirements, legal and physical access, utility availability, utility corridor proximity, well and septic feasibility, easements, CC&Rs, deed restrictions, subdivision potential, and all associated development costs. Whether envisioned as a private retreat, recreational ranch, legacy land holding, or long-term investment opportunity, this expansive Northern Nevada property offers the scale, setting, and surrounding open space that are increasingly difficult to find. Approximate GPS Coordinates: 39.6513° N, 119.6885° W

Listed by Judith Harris — Chase International-Damonte

Listing Details

Status Active
MLS # 260006542
Days on Market 14

Property History

May 22, 2026
Listed for sale
$1,600,000
Property Overview
Lot Size 320.00 acres
Property Type Land
STR Jurisdiction Washoe County
APN 076-100-21
Exterior & Lot
Lot Features Adjoins BLM/BIA Land, Sloped Up
View City, Meadow, Mountain(s), Rural
Financial
Annual Tax $872
Schools
Elementary School Taylor
Middle School Shaw Middle School
High School Spanish Springs
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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% ($320,000)
Home price
$1,600,000
Loan details
30-yr fixed, 6.5%
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Kristina Mattson
Kristina Mattson
Broker - Owner
CA 01950662

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