$419,900
Active
11685 Chesapeake Drive
Reno, NV 89506
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
3
Beds
·
2.0
Baths
·
1,152
Sq Ft
About This Property
Great opportunity in Lemmon Valley—situated on 1.05 acres of fully fenced horse property with direct access to nearby BLM land, perfect for riding and outdoor recreation. Home features an attached two-car garage, and lot's of space ideal for vehicles, toys, or workshop space. Property is designed for low maintenance with xeriscaped landscaping and includes two storage sheds for additional utility. Enjoy the outdoors year-round with a covered back patio overlooking the spacious lot. Plenty of room for horses, RV parking, and all your recreational needs—UHV access close by.
Listed by Bryant Wambolt — RidgeNV, LLC
Listing Details
Status
Active
MLS #
260008072
Price/Sq Ft
$364
Property History
Jun 24, 2026
Listed for sale
$419,900
Property Overview
Beds
3
Baths
2.0
Sq. Ft.
1,152
Lot Size
1.05 acres
Stories
1
Year Built
1979
Property Type
Single Family Residence
Subdivision
Heppner 3
STR Jurisdiction
Washoe County
APN
080-361-07
Parking
Garage Spaces
2
Total Parking
6
Parking Features
Additional Parking, Attached, Garage, Garage Door Opener, RV Access/Parking
Attached Garage
Yes
Exterior & Lot
Exterior Features
None
Lot Features
Level
Roof
Composition
Foundation
Crawl Space
Utilities & Systems
Heating
Pellet Stove
Cooling
Evaporative Cooling, Wall/Window Unit(s)
Financial
Annual Tax
$1,111
Schools
Elementary School
Lemmon Valley
Middle School
OBrien
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% ($83,980)
Home price
$419,900
Loan details
30-yr fixed, 6.5%
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Or call directly: 530.613.5207
