For Sale143d on market
5435 N Virginia St
Reno, NV, 89506 • North Virginia • Washoe County
$950,000
-$549,000 since Oct 24, 2025
6.6 acLot
Property DNA
Scenic Views
City · Desert · Mountain(s)
Other
Other
This home is getting attention
Listed 143 days ago · 207 views · 3 saves
Market activity
Demand and pricing signals for this listing
207 views
People checking out this listing
3 saves
Buyers have saved this home
143 days on market
Established listing
About this home
Lot
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!
Standout features identified
Our analysis highlights potential for views, development potential, and established parcels with utilities as key attractions of this home.
Estimated monthly payment
Based on current rates
$5,925/month
Principal & Interest$4,659
Property Tax$950
Insurance$317
Down payment20% ($190,000)
3%50%
Est. 6.21% rate · 30yr fixed · $760,000 loan
Full calculator →At a glance
Key facts and listing details
Property
Home typeLot
Sub-typeLand
Systems
Water / SewerPublic / Public Sewer
Parking & Outdoor
FencingNone
Lot6.57 Acres
Location & Tax
NeighborhoodNorth Virginia
ZoningMS & SF3
Annual tax$2,114
Parcel08254023
Features & details
4 categories of property features
Exterior Features
Lot Features
Adjoins BLM/BIA Land
Sloped Up
Views
City
Desert
Mountain(s)
Utilities
Electricity Available
Electricity Connected
Natural Gas Available
Sewer Available
Sewer Connected
Water Available
Cellular Coverage
Other Structures
Other
Listing insights
Market data and value estimates
StatusFor Sale
Days on market143
Tax rate0.44%
On marketOct 24, 2025
PostedOct 24, 2025
MLS statusActive
MLS updatedJan 14, 2026
Tour days6
Views207
Favorites3
How are the schools in Reno?
3 schools rated nearby
Location
Reno, NV, 89506
Price history
5 events
DateEventPrice$/sqftSource
Oct 24, 2025Price Change$950,000—NNRMLS
Sep 10, 2025Price Change$1,499,000—NNRMLS
Jul 6, 2025Price Change$1,599,000—NNRMLS
Feb 12, 2025Price Change$1,999,000—NNRMLS
Oct 11, 2024Listed For Sale$2,026,000—NNRMLS
Price Change$950,000
Oct 24, 2025•NNRMLS
Price Change$1,499,000
Sep 10, 2025•NNRMLS
Price Change$1,599,000
Jul 6, 2025•NNRMLS
Price Change$1,999,000
Feb 12, 2025•NNRMLS
Listed For Sale$2,026,000
Oct 11, 2024•NNRMLS
Tax history
25 years of records
YearTax paidAssessed value
Mar 16, 2025$728$56,193
Mar 16, 2024$707$46,882
Mar 16, 2023$686$46,285
Mar 16, 2022$667$40,012
Mar 16, 2021$646$27,847
Mar 16, 2020$627$27,951
Mar 16, 2019$646$27,951
Mar 16, 2018$627$25,858
Mar 16, 2017$577$22,759
Mar 16, 2016$577$20,655
Mar 16, 2015$577$16,448
Mar 16, 2014—$15,636
Mar 16, 2013$558$14,742
Mar 16, 2012—$14,742
Mar 16, 2011—$14,792
Mar 16, 2010—$18,478
Mar 16, 2009—$27,989
Mar 16, 2008—$32,021
Mar 16, 2007—$51,136
Mar 16, 2006—$20,705
Mar 16, 2005—$18,872
Mar 16, 2004—$16,590
Mar 16, 2003—$16,631
Mar 16, 2002—$17,730
Mar 16, 2001—$17,730
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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