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    Chance Ln Reno, NV 89521

    For Sale
    $749,000

    LAND - Reno, NV

    Lot size:
    5.00 Acres
    Days on Market:
    45
    Last Refresh:
    Dec 13 at 6:06 pm

    Property Features for Chance Ln

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Mdr 24 / Lds 71 / Gr 5
    APN
    01741070
    Lot size
    5.00 Acres

    Utilities

    Sewer type
    Public Sewer
    Water source
    Public

    Ferrari-Lund Real Estate (775) 685-7788 [email protected]

    Listing agent Kayla Hoog-Fry (775) 233-8526 License #S.196437

    Listing date Oct 30, 2025

    MLS# 250056549 Listing URL

    Copyright © 2025 Northern Nevada Regional MLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Subdividable Land in South Reno

    This 5-acre lot, located off Rhodes Road in South Reno, is subdividable into 3-4 pieces. City water, sewer, and electric utilities are available on the lot. Access is provided via a freshly paved road. The property offers views of the Sierra Nevada Mountains to the east and west, as well as Mt. Rose ski resort, from the relatively warmer desert landscape. The zoning is MDR 24 / LDS 71 / GR 5. CC&Rs are to be determined, and there will be a private road maintenance agreement. There is no HOA. Additional lots are available for purchase. The seller is willing to owner carry for financing and is open to a co-venture.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Reno
    County
    Washoe
    State
    Nevada
    Longitude
    -119.726377
    Latitude
    39.371862

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    FAQs

    What type of property is this?
    Land - 5-acre lot with utilities, subdividable, mountain views, owner financing.
    Where is this land located?
    The property is located at Chance Ln Reno, NV.
    What is the asking price?
    The asking price for this property is $749,000.
    What are key features of this property?
    This property features: - Subdividable lot into 3-4 pieces, offering excellent development potential.; - City water, sewer, and electric utilities are available on the lot.; - Enjoy stunning Sierra Nevada Mountain and Mt. Rose ski resort views.
    (775) 233-8526
    Request Owner's contact information
    Chance Ln Reno, NV 89521
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    Reno, NV 89521
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

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    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Chance Ln Reno, NV 89521
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