Exceptional opportunity to own 200 acres in the prestigious Virginia Ranches of the Virginia City Highlands, Storey County, Nevada. This expansive property, comprised of five contiguous 40-acre parcels (Lots 81, 82, 83, 95, & 96, Sheridan Rd, Reno, NV 89521), offers unparalleled views of Mt. Rose and the surrounding landscape. Located just 30 minutes from Reno and 15 minutes from historic Virginia City, this secluded retreat provides a peaceful escape while remaining conveniently close to amenities. The property boasts abundant flat land ideal for equestrian activities, recreation, and building a homesite. Enjoy breathtaking 360-degree views, including Lagomarsino Canyon and a seasonal lake. Access is via a private gravel road along the 0.75-mile property boundary, offering direct access to the vast mountains and canyons of Storey County. The elevation ranges from 5800 to 6300 feet, with a mix of trees and open space, and dramatic rock outcroppings. While most homes in the area are solar-powered, a power line is approximately 0.80 miles away. Tiny houses are permitted with a septic system and well. This is a rare opportunity to own a significant acreage only 40 minutes from Reno-Tahoe International Airport (RNO), free from homeowners association restrictions. The asking price is $550,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.