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  • Price cut: $549K (10/24)
    $950,000

    5435 N Virginia St, Reno, NV 89506

    --beds
    0baths
    6.57Acres
    Land
    Built in ----
    6.57 Acres Lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Potential for viewsDevelopment potentialEstablished parcels with utilitiesMultiple detached storage sheds
    Prime 6.566 acre Investor Opportunity in Reno: 3 Parcels with Development Potential, Existing Mobile Homes, Garage Barn, and SF3 Zoning - Priced to Move! Unlock exceptional value with this rare investor-special bundle on North Virginia Street in Reno's growing North Valleys neighborhood. Spanning 6.566 acres over three parcels (APNs 082-540-23; 082-540-24; 082-540-02 and addresses 5435; 5395; 5445 N Virginia), this property offers endless possibilities: one expansive, approximate 5 acre vacant lot zoned SF3 (allowing up to 3 single-family units per acre - ideal for subdivision, custom builds, or multi-home development) and two established parcels with utilities featuring a 4 car garage barn with electricity, work area, and 2nd level. There are also two mobile homes (as-is) that could be restored for use and multiple detached storage sheds. Quick highway access, close proximity to commercial hubs, and potential for views as you build up create a high-upside to this property. Schedule a viewing to explore the full potential!
    63 days
    |
    182
    |
    5
    |

    Zillow last checked: 8 hours ago

    Listing updated: October 28, 2025 at 03:37pm

    Listed by:

    Amanda Mueller S.197809 857-244-5730,

    NextHome Yourpickettfence Group,

    Tim Lambdin BS.7450 775-813-3414,

    NextHome Yourpickettfence Group

    Source: NNRMLS,MLS#: 250057437MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 0
    Features
    • Has basement: No

    Property

    Features
    • Fencing: None
    • Has view: Yes
    • View description: City, Desert, Mountain(s)
    Lot
    • Size: 6.57 Acres
    • Features: Adjoins BLM/BIA Land, Sloped Up
    Details
    • Additional structures: Other
    • Parcel number: 08254023
    • Zoning: MS & SF3
    • Horses can be raised: Yes

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Electricity Available, Electricity Connected, Natural Gas Available, Sewer Available, Sewer Connected, Water Available, Cellular Coverage

    Community & HOA

    HOA
    • Has HOA: No
    Location
    • Region: Reno

    Financial & listing details

    • Tax assessed value: $160,550
    • Annual tax amount: $2,114
    • Date on market: 10/24/2025
    • Cumulative days on market: 64 days
    • Listing terms: 1031 Exchange,Cash,Conventional
    • Road surface type: Paved, Dirt

    Estimated market value

    Not available

    Estimated sales range

    Not available

    Not available

    Price history

    Price history
    DateEventPrice
    10/24/2025Price change$950,000-36.6%
    Source: NNRMLS #250057437 Report a problem
    9/10/2025Price change$1,499,000-6.3%
    Source: NNRMLS #250001660 Report a problem
    7/6/2025Price change$1,599,000-20%
    Source: NNRMLS #250001660 Report a problem
    2/12/2025Price change$1,999,000-1.3%
    Source: NNRMLS #250001660 Report a problem
    10/11/2024Listed for sale$2,026,000
    Source: NNRMLS #240013121 Report a problem

    Public tax history

    Public tax history
    YearProperty taxesTax assessment
    2025$728 +2.9%$56,193 +19.9%
    2024$707 +3%$46,882 +1.3%
    2023$686 +3%$46,285 +15.7%

    Find assessor info on the county website

    BuyAbility℠ payment

    Estimated monthly payment
    All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
    HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
    Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
    See how much you could borrow to make a competitive offer.

    Boost your down payment with 6% savings match

    Earn up to a 6% match & get a competitive APY with a *. Zillow has partnered with to help get you home faster.

    Learn more*Terms apply. Match provided by Foyer. Account offered by Pacific West Bank, Member FDIC.

    Climate risks

    Neighborhood: North Virginia

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Elmcrest
    • Middle: Clayton
    • High: McQueen

    Source: NNRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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