$46,432 Active
1960 Morgan Road
Reno, NV 89521
STR Status Unknown

About This Property

Build your Nevada dream in the Virginia City Highlands! This 1.02-acre parcel offers the space, privacy, and mountain views that make Highlands living so special. Surrounded by mature trees and the rugged beauty of the high desert, this property provides a peaceful setting with plenty of room to create your own mountain retreat. Enjoy wide-open skies, fresh air, wildlife, and the quiet of country living while still being within reach of Virginia City, Reno, and surrounding communities. Whether you're looking to build a full-time residence, weekend getaway, or simply hold a piece of Nevada land for the future, this is a great opportunity to own over an acre in the Virginia City Highlands. Bring your plans, your boots, and your imagination—Nevada mountain living starts here!

Listed by Rachel Shipley — RE/MAX Professionals-Sparks

Listing Details

Status Active
MLS # 260011307
Days on Market 5

Property History

Sep 01, 2026
Listed for sale
$46,432
Property Overview
Lot Size 1.02 acres
Property Type Land
APN 003-111-22
Exterior & Lot
Lot Features Wooded
View Mountain(s)
Financial
Annual Tax $288
HOA Fee $200 / Annually
HOA / Community Virginia City Highlands Homeowners association
Schools
Elementary School Gallagher, Hugh
Middle School Virginia City
High School Virginia City
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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% ($9,286)
Home price
$46,432
Loan details
30-yr fixed, 6.5%
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