$329,000 Active
2985 Lyon Lane
Washoe Valley, NV 89704
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.

About This Property

Flat Lot with Mt. Rose Wilderness & Washoe Lake Views - Two Custom Home Plans Included Rare opportunity in Washoe Valley: a flat, usable 0.93-acre parcel with sweeping views of the Carson Range and Mt. Rose Wilderness to the west and the Virginia Range to the east. This lot comes with two distinct sets of architectural plans, giving a buyer the flexibility to choose the home that fits their vision without starting the design process from scratch. This property sits in true Washoe Valley horse country, where wild horses are a regular part of the landscape and the valley's open, low-density feel is part of what makes it special. Electricity is on site, well recently inspected and upgraded, PERC test completed for septic. Minutes from the Washoe Lake State Park boat launch, with park land easily accessible on foot, horseback, bike, or by vehicle. Jumbo Grade — one of Northern Nevada's most popular off-road routes — is just up the road and connects all the way to Virginia City, perfect for four-wheeling enthusiasts. Everyday conveniences are close too, with South Reno and North Carson City both a short drive away for shopping, dining, and healthcare. Enjoy this flat lot with build-ready flexibility and mountain views in one of the region's most desirable rural-residential pockets — this one won't last!

Listed by Sabrina Gentner — Casa Tua

Listing Details

Status Active
MLS # 260011232
Days on Market 7

Property History

Aug 30, 2026
Listed for sale
$329,000
Property Overview
Lot Size 0.93 acres
Property Type Land
Subdivision New Washoe City 4
STR Jurisdiction Washoe County
APN 050-404-10
Exterior & Lot
Lot Features Level, Open Lot, Cleared, Storm Drains
View Desert, Mountain(s)
Utilities & Systems
Water Source Washoe Lake
Financial
Annual Tax $871
Schools
Elementary School Pleasant Valley
Middle School Marce Herz
High School Galena
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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 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% ($65,800)
Home price
$329,000
Loan details
30-yr fixed, 6.5%
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