3130 Sandestin Dr Reno, NV 89523
- Land
Current Use by Public Records
- Land
Property Details for 3130 Sandestin Dr
- Property type
- Land
Description
This exceptional 206.85-acre land parcel presents a unique residential development opportunity in Northwest Reno, Nevada. An approved tentative map allows for the creation of 67 homesites, ranging from 7,000 to 17,800 square feet, averaging 9,162 square feet. The property boasts two city-approved access points, ensuring convenient access for future residents. The land is comprised of 132 acres zoned as Specific Planning District and an additional 35 acres zoned SP3, SP5, and Open Space. Utilities are readily available, with water service provided by the Truckee Meadows Water Authority and sewer service by the City of Reno. The property's prime location, just east of the Somersett Master Planned Community, offers incredible views of Downtown Reno and the surrounding mountains. Its proximity to I-80 provides easy access to employment centers in downtown Reno and the Tahoe Reno Industrial Center. The asking price is $2,100,000, translating to $10,150 per acre and approximately $31,343 per lot. The APNs are 081-160-17, 081-160-18, 081-160-19, 081-160-34, and 208-510-10. Vast open space to the north provides opportunities for hiking and mountain biking. The median new home price in this submarket currently exceeds $1 million, indicating strong potential for significant return on investment. This is a rare chance to acquire a substantial land holding in a highly desirable area of Reno.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Reno
- County
- Washoe
- State
- Nevada
- Longitude
- -119.908
- Latitude
- 39.5483
