$100,000
Active Under Contract
18560 Kay Lee Circle
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
Experience a piece of land of 1.67 acres in Cold Springs, located on a quiet dirt road. This stunning property features breathtaking mountain views. This property features a well, septic system in place, along with power already on-site, you have all the essentials to start your dream project. Conveniently situated close to the interstate, this location offers easy access while providing the peace and quiet you desire. Please note that the mobile home currently on the property is included but holds no value. Embrace the potential of this beautiful land and make it your own!
Listed by Brittany Smith — Real Broker LLC
Listing Details
Status
Active Under Contract
MLS #
260006583
Days on Market
13
Property History
May 23, 2026
Listed for sale
$100,000
Current
Pending
$100,000
Property Overview
Lot Size
1.67 acres
Property Type
Land
Subdivision
Amended Northridge
STR Jurisdiction
Washoe County
APN
081-210-07
Exterior & Lot
View
Mountain(s), Valley
Financial
Annual Tax
$487
Schools
Elementary School
Gomes
Middle School
Cold Springs
High School
North Valleys
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% ($20,000)
Home price
$100,000
Loan details
30-yr fixed, 6.5%
Send a Message
Or call directly: 530.613.5207
