For Sale
505 Rhodes Rd
Reno, NV, 89521 • Steamboat • Washoe County
$649,000
$342/sqft
Down payment assistance available
3Beds
2Baths
1,900Sqft
2 acLot
1940Built
Property DNA
Scenic Views
Mountain(s) · Trees/Woods · Valley
Character Home
Built 1940 · 86 years of history
1 Fireplace
Wood Burning
Other
Other
3-Car Garage
Additional Parking · Detached · Garage · Garage Door Opener · RV Access/Parking
Premium Finishes
Walk-In Closet(s)
Wood Floors
Quality flooring throughout
Just Listed
Listed Apr 9, 2026
This home is getting attention
504 views · 58 saves
Market activity
Demand and pricing signals for this listing
504 views
People checking out this listing
58 saves
Buyers have saved this home
$342/sqft
Price per square foot
About this home
Single Family · Built 1940
Rare Pleasant Valley opportunity in South Reno on 2 usable acres with water rights and no HOA. 1,900 sq ft home featuring 3 bedrooms, 2 baths, and 3 car garage. Flat, usable acreage with room for horses, RVs, trailers, equipment, shop space, or future expansion. Enjoy quiet rural living with privacy, open space, and mountain and valley surroundings, all just minutes to Reno, shopping, dining, and everyday conveniences. Hard to find combination of land, location, and flexibility in one of South Reno's most desirable rural communities. Priced to reflect condition and sold as is. Strong opportunity for buyers ready to update, remodel, or personalize while building equity. Ideal for those seeking acreage, investment potential, or a long term hold in a high demand area. Existing home, land, and water rights provide a solid foundation for improvement, expansion, or future vision. Rare chance to create your own space with usable land and valuable water rights in Pleasant Valley. Properties with usable acreage, water rights, and no HOA in Pleasant Valley rarely come available.
Standout features identified
Our analysis highlights flat usable acreage, open space, and mountain and valley surroundings as key attractions of this home.
Estimated monthly payment
Based on current rates
$4,073/month
Principal & Interest$3,207
Property Tax$649
Insurance$216
Down payment20% ($129,800)
3%50%
Est. 6.28% rate · 30yr fixed · $519,200 loan
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At a glance
Key facts and listing details
TypeSingle Family Residence
Year Built1940
HeatingOil
Parking3 Garage spaces
Lot2.01 Acres
Days on Zillow0
Price/sqft$342
Property
Home typeSingle Family
Sub-typeSingle Family Residence
Year built1940
Stories1
Systems
HeatingOil
RoofShake
ConstructionStone
Water / SewerPrivate, Well / Septic Tank
Parking & Outdoor
ParkingAdditional Parking, Detached, Garage, Garage Door Opener, RV Access/Parking
Garage3 spaces
Fireplaces1
FencingNone
Lot2.01 Acres
Location & Tax
NeighborhoodSteamboat
ZoningLds
Annual tax$1,957
Parcel01740035
Bathrooms & Fees
Full baths2
Features & details
14 categories of property features
Interior Features
Interior
Breakfast Bar
Ceiling Fan(s)
Entrance Foyer
Walk-In Closet(s)
Appliances
Dishwasher
Double Oven
Electric Cooktop
Electric Oven
Electric Range
Self Cleaning Oven
Flooring
Carpet
Laminate
Wood
Heating
Oil
Laundry
Cabinets
Laundry Room
Sink
Washer Hookup
Fireplace
Wood Burning
Windows
Single Pane Windows
Vinyl Frames
Exterior Features
Exterior
Dog Run
Parking
Additional Parking
Detached
Garage
Garage Door Opener
RV Access/Parking
Construction
Stone
Lot Features
Corner Lot
Landscaped
Level
Other
Views
Mountain(s)
Trees/Woods
Valley
Utilities
Cable Available
Electricity Available
Electricity Connected
Internet Available
Natural Gas Available
Phone Available
Sewer Connected
Cellular Coverage
Other Structures
Other
Listing insights
Market data and value estimates
StatusFor Sale
Tax rate0.44%
Price/sqft$342
On marketApr 9, 2026
PostedApr 9, 2026
MLS statusActive
MLS updatedApr 9, 2026
Tour days9
Views504
Favorites58
How are the schools in Reno?
3 schools rated nearby
Location
Reno, NV, 89521
Price history
1 event
DateEventPrice$/sqftSource
Apr 9, 2026Listed For Sale$649,000$342NNRMLS
Listed For Sale$649,000
Apr 9, 2026•$342/sqft•NNRMLS
Tax history
25 years of records
YearTax paidAssessed value
Apr 9, 2025$1,901$75,499
Apr 9, 2024$1,845$69,050
Apr 9, 2023$1,792$63,883
Apr 9, 2022$1,740$55,625
Apr 9, 2021$1,688$54,012
Apr 9, 2020$1,644$50,723
Apr 9, 2019$1,688$50,723
Apr 9, 2018$1,644$49,833
Apr 9, 2017$1,593$49,471
Apr 9, 2016$1,593$49,408
Apr 9, 2015$1,593$49,013
Apr 9, 2014$1,555$47,997
Apr 9, 2013$1,555$47,421
Apr 9, 2012—$47,421
Apr 9, 2011—$58,295
Apr 9, 2010—$61,762
Apr 9, 2009—$61,944
Apr 9, 2008—$69,882
Apr 9, 2007—$79,419
Apr 9, 2006—$43,534
Apr 9, 2005—$41,912
Apr 9, 2004—$40,852
Apr 9, 2003—$47,147
Apr 9, 2002—$46,964
Apr 9, 2001—$46,964
Nearby homes
Neighborhood details
Local context around this listing
Reno, NV • Washoe County
Nearby neighborhoods
Cold SpringsDamonte RanchEast UniversityKings RowMae AnneNortheastNorthwestSouth CentralSouthwestStead
Nearby cities
EmpireGerlachIncline VillageNixonRenoSparksSun ValleySutcliffe
Nearby zip codes
89502895038950689508895098951189512895198952189523
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