$120,000 Active Under Contract
155 Lonestar Circle #078-272-06
Reno, NV 89508
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.

About This Property

2 for the price of 1! Spanning over 21 acres of pristine Ranch Haven land, this unique sale combines 2 parcels (155 Lone Star Cir and 165 Lone Star Cir) into one incredible opportunity. This is Big Sky country Northern Nevada style. Boasting breathtaking panoramic mountain views, this level/versatile acreage is ready for your grandest visions, and power is right at each property's front boundary line. Build your dream custom home on one parcel and keep the second for unmatched privacy, create an expansive multi-generational estate, or hold it as a savvy future investment. Horse lovers and outdoor enthusiasts will appreciate the peace and tranquility of rural living, complete with nearby access to endless BLM trails for riding and hiking. Breathe in clean air, be amazed by clear starlit nights, and relax in pure country living, all while staying just a scenic drive from the conveniences of Reno. Opportunities for this kind of versatile acreage are few and far between - don't miss out on this rare double-value gem!

Listed by Chris Barnes — Dickson Realty - Sparks

Listing Details

Status Active Under Contract
MLS # 260006564
Days on Market 14

Property History

May 22, 2026
Listed for sale
$120,000
Current
Pending
$120,000
Property Overview
Lot Size 10.26 acres
Property Type Land
STR Jurisdiction Washoe County
APN 078-272-06
Exterior & Lot
Lot Features Level, Corners Marked
View Meadow, Mountain(s)
Financial
Annual Tax $292
HOA Fee $280 / Annually
HOA / Community Sierra Ranchos
Schools
Elementary School Desert Heights
Middle School Cold Springs
High School North Valleys
📊

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% ($24,000)
Home price
$120,000
Loan details
30-yr fixed, 6.5%
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Kristina Mattson
Kristina Mattson
Broker - Owner
CA 01950662
530.613.5207

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