& Sierra Reflections St. Vlg Reno, NV 89511
- Land
- 758.00 lot acres
Current Use by Public Records
- Land
Property Details for & Sierra Reflections St. Vlg
- Lot size
- 758.00 lot acres
- Property type
- Land
Description
This exceptional 758-acre land development opportunity in Reno, Nevada, presents a unique investment prospect. Located in Washoe County, zip code 89511, the property encompasses two distinct areas: St. James's Village and Sierra Reflections. St. James's Village is an established, gated community at the base of the Sierra Nevada mountains, situated between Reno, Lake Tahoe, and Carson City. It features approximately 444 home sites, with a minimum lot size of one acre, and currently has around 220 approved, undeveloped lots. Recent sales data indicates significant growth in both sales price and volume for homes and lots within St. James's Village, reflecting high demand for luxury properties in the Reno/Sparks/Tahoe area. Adjacent to St. James's Village, Sierra Reflections offers an additional 758 acres with an approved tentative map for 938 residential units. This includes 791 single-family lots ranging from 8,000 square feet to one acre, and a planned townhome community of 147 units. Both areas share a joint access road and existing utility easements, streamlining development. The combined properties represent a truly unparalleled opportunity to capitalize on the robust Reno real estate market. The asking price for this expansive land parcel is $50,000,000.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Reno
- County
- Washoe
- State
- Nevada
- Longitude
- -119.809
- Latitude
- 39.3336
