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$ 650,000
$ 699,000 7.0%
Est. payment /mo
Sold on 06/25/2025
1435-1485 Nannette CIR Reno, NV 89502
0.96 Acres Lot
UPDATED:
Key Details
Sold Price $650,000
Property Type Vacant Land
Listing Status Sold
Purchase Type For Sale
Subdivision Nannette Townhomes
MLS Listing ID 240015229
Annual Tax Amount $1,659
Lot Size 0.960 Acres
Property Description
Investment opportunity to develop a residential community in one of Reno's thriving real estate markets. This vacant parcel is zoned for a 20-unit townhome community with 3.59 acre feet of water rights. With a finish-grade and utilities on-site, the groundwork is done—giving you a significant head start. Situated less than 10 minutes from the airport, downtown Reno, MidTown, and the Northern Nevada Sierra Medical Center, this property offers unparalleled convenience to future residents., This offering represents a unique opportunity to deliver a much-needed housing solution in a city experiencing sustained growth. The combination of strategic location, ready-to-develop site conditions, and zoning approval positions this property as a standout investment in Reno's robust real estate market. Whether you're a seasoned developer or an investor looking to partner with a builder, this land offers unmatched potential to capitalize on Reno's expanding demand for modern, conveniently located housing options.
Location
State NV
County Washoe
Community Nannette Townhomes
Area Nannette Townhomes
Zoning MF30
Exterior
Utilities Available Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available, Underground Utilities
View Y/N No
Building
Lot Description Level
Water Public
Schools
Elementary Schools Smithridge
Middle Schools Pine
High Schools Damonte
Others
Acceptable Financing Cash
Listing Terms Cash
Listed by Chase International-Damonte