The historic Franktown Lighting W Ranch is a Washoe Valley landmark nestled in the Sierra Nevada with towering pines, deciduous trees, rolling lawns, magical ponds and beautiful views of Washoe Lake and Valley and the mountain ranges. The gated parcel totals 5.58 acres with 2 houses, 2 apartments, garages for 5 cars, ponds, tennis court, abundant water rights & a golf course across the street. Carefully updated over the years reflecting the best of the past with all the comforts of the present., The 5.58 acre parcel has 3,395 sq. ft. main residence with 3 bedroom, 4 bathrooms, a 2017 built large bonus room above the two-car garage, full basement, indoor dog washing station with access to dog run; a 2011 completely remodeled 1,952 sq. ft. historic guest house with 2 bedrooms, 2 bathrooms and an attached 1 bedroom, 1 bath guest quarters; and a detached three car heated garage with an office, gym, workshop with 220V, and 968 sq. ft. caretakers/inlaw quarters above the garage; a fenced tennis court and a boat dock on the pond. There is a large storage shed, 15KVA standby generator, a total of 51.4 AFA of water rights, city water, septic, and natural gas. A adjoining second 11.32 acre Parcel 055-210-22 (0 Franktown Road) are available to be purchased separately from the sale. The additional adjoining lot encompassing 11.32 acres sits on a mountaintop with stunning views overlooking Washoe Lake and Valley. This parcel can be subdivided.
Closed
$2,800,000
7299 Franktown Rd, Washoe Valley, NV 89704
7beds
6,314sqft
Single Family Residence
Built in 1946
10.69 Acres Lot
$2,883,500 Zestimate®
$443/sqft
$5,839 Estimated rent
Home value
$2,883,500
$2.22M - $3.78M
$5,839/mo
Zestimate® history
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Zillow last checked: 7 hours ago
Listing updated: May 14, 2025 at 03:32am
Listed by:
Megan Lowe S.169822 775-690-0040,
Chase International-Damonte,
Susan Lowe B.26719 775-588-1444,
Chase International - ZC
Bought with:
Valerie Perry, BS.145999
RE/MAX Gold
Source: NNRMLS,MLS#: 220013981
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 9
- Full bathrooms: 8
- 1/2 bathrooms: 1
Heating
- Baseboard, Electric, Fireplace(s), Forced Air, Natural Gas, Radiant Floor, Wall Furnace
Cooling
- Central Air, Electric, Refrigerated
Appliances
- Included: Dishwasher, Disposal, Double Oven, Dryer, Gas Cooktop, Gas Range, Washer
- Laundry: Cabinets, Laundry Area, Laundry Room, Sink
Features
- High Ceilings, In-Law Floorplan, Kitchen Island, Master Downstairs, Walk-In Closet(s)
- Flooring: Carpet, Laminate, Marble, Slate, Wood
- Windows: Double Pane Windows, Drapes, Vinyl Frames
- Has basement: Yes
- Number of fireplaces: 2
Interior area
- Total structure area: 6,314
- Total interior livable area: 6,314 sqft
Property
Parking
- Total spaces: 5
- Parking features: Attached, Garage Door Opener, RV Access/Parking
- Attached garage spaces: 5
Features
- Stories: 1
- Patio & porch: Patio, Deck
- Exterior features: Barbecue Stubbed In, Dog Run, Tennis Court(s)
- Fencing: Back Yard,Front Yard,Partial
- Has view: Yes
- View description: Golf Course, Meadow, Mountain(s), Trees/Woods
- Waterfront features: Pier
Lot
- Size: 10.69 Acres
- Features: Adjoins Lake, Landscaped, Level, Open Lot, Sprinklers In Front
Details
- Parcel number: 05521020
- Zoning: MDR
- Other equipment: Generator, Satellite Dish
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Foundation: Crawl Space
- Roof: Composition,Shingle
Condition
- Year built: 1946
Utilities & green energy
- Sewer: Septic Tank
- Water: Public
- Utilities for property: Electricity Available, Internet Available, Natural Gas Available, Phone Available, Water Available, Cellular Coverage
Community & neighborhood
Security
- Security features: Security Fence, Security System Owned, Smoke Detector(s)
Location
- Region: Washoe Valley
HOA & financial
HOA
- Has HOA: Yes
- HOA fee: $450 quarterly
- Amenities included: Maintenance Grounds
- Services included: Snow Removal
- Second HOA fee: $60 quarterly
Other
Other facts
- Listing terms: 1031 Exchange,Cash,Conventional,VA Loan
Price history
| Date | Event | Price |
|---|---|---|
| 11/15/2023 | Sold | $2,800,000+12%$443/sqft |
Source:  NNRMLS #220013981 Report a problem | ||
| 9/19/2023 | Pending sale | $2,500,000$396/sqft |
Source: NNRMLS #220013981 Report a problem | ||
| 9/1/2023 | Price change | $2,500,000-15.3%$396/sqft |
Source: NNRMLS #220013981 Report a problem | ||
| 6/27/2023 | Price change | $2,950,000-20.2%$467/sqft |
Source: NNRMLS #220013981 Report a problem | ||
| 4/5/2023 | Price change | $3,695,000-32.8%$585/sqft |
Source: NNRMLS #220013981 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $8,044 +8% | $320,182 +6.3% |
| 2024 | $7,448 +7.9% | $301,279 +10.4% |
| 2023 | $6,902 +1.2% | $272,929 +28.2% |
Find assessor info on the county website
Neighborhood: 89704
Nearby schools
GreatSchools rating
- 7/10Pleasant Valley Elementary SchoolGrades: PK-5Distance: 8.6 mi
- 7/10Marce Herz Middle SchoolGrades: 6-8Distance: 12.2 mi
- 7/10Galena High SchoolGrades: 9-12Distance: 11.1 mi
Schools provided by the listing agent
- Elementary: Pleasant Valley
- Middle: Marce Herz
- High: Galena
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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Estimated market value
$2,883,500
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$2,883,500
- Nevada
- Washoe County
- Washoe Valley
- 89704
- 7299 Franktown Rd