$415,000 Active
29 Willow Bend 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

Welcome to 29 Willow Bend Lane, where the hard part of building your dream home has already been done. Set behind the gates of Franktown Estates on Toiyabe Golf Club, this exceptional 1.62-acre homesite occupies one of the most desirable and private settings within the community. Positioned at the end of Willow Bend near the 18th green, the property captures expansive views across the golf course, Washoe Valley, Washoe Lake and the surrounding Sierra Nevada mountains. And while the setting alone makes this property special, what has already been completed makes it an extraordinary opportunity. This is not a piece of land where the next owner has to start from scratch. Utilities are metered, HOA plans are approved, permits are in place, and the property is ready to move toward construction. Months of planning, approvals, coordination and upfront expense have already been handled, giving the next owner the opportunity to skip much of the uncertainty and time typically associated with preparing a custom homesite. The 1.62-acre parcel is considerably larger than many of the neighboring FrankTown Estates golf-course lots, with public records confirming its level topography, golf-course frontage and mountain, valley, water and golf views. The Willow Bend cul-de-sac is also tucked away from the primary community traffic while remaining within easy walking distance of the clubhouse and driving range. From the homesite, the landscape unfolds in nearly every direction. Green fairways sit against the high desert, Washoe Lake stretches across the valley, and the Sierra rises dramatically beyond it all. The aerial views show just how uniquely positioned this parcel is, surrounded by open space and golf rather than rows of neighboring homes. There are plenty of beautiful lots in Northern Nevada. There are far fewer where you can find acreage, privacy, golf-course frontage, lake and mountain views, a gated setting, and a substantial amount of the pre-construction work already completed. 29 Willow Bend isn't simply an opportunity to buy land. It's an opportunity to start much closer to the finish line. Bring the vision. Much of the groundwork is already done.

Listed by Kristin Ryan — Serhant

Listing Details

Status Active
MLS # 260011326
Days on Market 1

Property History

Sep 01, 2026
Listed for sale
$415,000
Property Overview
Lot Size 1.62 acres
Property Type Land
Subdivision Lightning `W` Ranch Ranch Unit
STR Jurisdiction Washoe County
APN 055-401-11
Exterior & Lot
Lot Features Adjoins BLM/BIA Land, Corner Lot, Greenbelt, Level, On Golf Course, Open Lot
View City, Desert, Mountain(s)
Financial
Annual Tax $1,298
HOA Fee $500 / Quarterly
HOA / Community Franktown Estates
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% ($83,000)
Home price
$415,000
Loan details
30-yr fixed, 6.5%
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