$171,950
Active
5000 Fandango Pass Road
Reno, NV 89521
STR Status Unknown
About This Property
If you're searching for breathtaking panoramic views of Northern Nevada's highest mountain peaks, this property deserves a closer look. This pristine 20+ acre parcel offers plenty of space to bring your vision to life, with power already available at the property. Whether you're looking to build your dream home, create a private retreat, or simply enjoy the wide-open space, the possibilities are endless. Located just a short drive from Reno, this property gives you the perfect opportunity to escape the city while staying close to everything you need. Come explore the natural beauty, open skies, and endless potential that the Virginia City Highlands have to offer!
Listed by Sean Sims — RE/MAX Professionals-Sparks
Listing Details
Status
Active
MLS #
260010895
Days on Market
1
Property History
Aug 21, 2026
Listed for sale
$171,950
Property Overview
Lot Size
20.53 acres
Property Type
Land
APN
003-412-05
Exterior & Lot
Lot Features
Gentle Sloping, Sloped Up
View
Mountain(s), Trees/Woods, Valley
Financial
Annual Tax
$664
HOA Fee
$50 / Annually
HOA / Community
VC Highlands Property Owners Association
Schools
Elementary School
Gallagher, Hugh
Middle School
Virginia City
High School
Virginia City
STR Investment Analysis
Permitted Zone
STRUCTURAL SCORE
Excellent
87
PROJECTED GROSS ANNUAL REVENUE
$118K – $167K
typically ~$142,500
~$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% ($34,390)
Home price
$171,950
Loan details
30-yr fixed, 6.5%
