$750,000 Active
5850 Whiskey Springs Road
Reno, NV 89510
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
3 Beds
·
2.0 Baths
·
2,108 Sq Ft

About This Property

Discover wide open Nevada living on this exceptional 40 acre Palomino Valley property featuring a well maintained 3 bedroom, 2 bathroom, 2,108 sq ft home with an oversized 3 car garage and separate tool shed. Located on a paved, easily accessible road, the property offers a rare combination of usable land, privacy, and panoramic high desert mountain views. Very easy access year round. The home sits on a level lot with a fenced backyard and a large view deck perfect for outdoor living, entertaining, or simply enjoying the quiet desert landscape. Inside, the spacious single level open floorplan provides large kitchen with pantry and eating area, as well as a formal dining room. There is a separate office or family room just off the formal living room. Large primary bedroom and bathroom, walk in closet, duel sinks, soaking tub and separate shower. Good size secondary bedrooms are on the other side of the home. A standout feature of this property is its subdividable potential — the 40 acres can be split into 5 acre parcels, offering future flexibility for investment, family compound possibilities, or additional development. A unique opportunity to own acreage, views, and versatility in one of Northern Nevada's most iconic rural settings.

Listed by Phil Welch — eXp Realty

Listing Details

Status Active
MLS # 260011700
Days on Market 3
Price/Sq Ft $356

Property History

Sep 10, 2026
Listed for sale
$750,000
Property Overview
Beds 3
Baths 2.0
Sq. Ft. 2,108
Lot Size 40.26 acres
Stories 1
Year Built 2004
Property Type Single Family Residence
STR Jurisdiction Washoe County
APN 077-560-06
Parking
Garage Spaces 3
Total Parking 3
Parking Features Detached, Garage, Garage Door Opener, RV Access/Parking
Attached Garage Yes
Exterior & Lot
Exterior Features None
Lot Features Landscaped, Level
View Mountain(s), Valley
Roof Composition, Pitched, Shingle
Foundation Crawl Space, Full Perimeter, Raised
Utilities & Systems
Heating Forced Air, Propane
Cooling Evaporative Cooling, Wall/Window Unit(s)
Financial
Annual Tax $3,231
Schools
Elementary School Taylor
Middle School Shaw Middle School
High School Spanish Springs
📊

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% ($150,000)
Home price
$750,000
Loan details
30-yr fixed, 6.5%
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