Presenting an extraordinary opportunity to create a legacy estate in one of Northern Nevada's most scenic and sought-after rural settings. This exceptional * * 5.26-acre homesite * * is ideally situated in Washoe Valley, just north of Reno at the gateway to the prestigious Red Rock ranch area. Surrounded by custom homes, private ranches, and sweeping open space, the property enjoys captivating views of * * Silver Lake * * , located directly across the road, with the majestic Sierra Nevada providing a breathtaking backdrop. Whether you envision an elegant country residence, a refined equestrian estate, or a private ranch retreat, this remarkable parcel offers the space and setting to bring your vision to life. Gently rolling terrain provides ample room for a custom home, guest quarters, barns, riding arena, corrals, workshops, and expansive outdoor living designed to embrace Nevada's spectacular landscape. The property is well positioned for future development, with * * producing wells on neighboring parcels * * offering encouraging indications for water, while * * power is conveniently available at the road * * , helping streamline the building process. For those seeking an even grander estate, the * * adjacent 5.26-acre parcel is also available * * , creating the rare opportunity to assemble * * 10.52 acres * * of premier land. Combined, the parcels provide exceptional flexibility for an expansive equestrian compound, multi-generational ranch, private retreat, or long-term investment. Offering the serenity of country living without sacrificing convenience, the property lies just minutes from Reno while benefiting from its location * * in the path of progress * * , with quality new residential communities emerging nearby. This unique combination of enduring rural character, nearby growth, and exceptional natural beauty makes this an opportunity that is becoming increasingly rare. Build the lifestyle you've imagined—where luxury, open space, equestrian living, and remarkable investment potential come together in one extraordinary Washoe Valley setting.
Vacant landProperty Type
5.26 acresLot Size
$37,833Price/Acres
Listed by Scott Silva•DRE #S.188461• Dickson Realty - Caughlin
Silver Knolls-Red Rock, located between Red Rock Road and the Peavine Mountain foothills, is a rural and residential Reno neighborhood with wide-open high-desert views and big-sky sunsets. The scene concentrates around the Red Rock Road and US-395 interchange, where feed stores, equipment yards, and roadside diners set a working-edge tone. Homes lean toward ranch-style layouts, larger lots, and outbuildings, with dark night skies and long sightlines across sagebrush flats. Trailheads and dirt roads thread toward Peavine for hiking, biking, and off-road loops. The pace feels unhurried, shaped by wind, weather, and the smell of juniper after rain.
Provided by Walk Score and Local Logic
Property details
Interior
Exterior
Finance
Interior features
Level lot (interior description not provided)
Exterior features
260 x 880 lot dimensions
Level terrain
Mountain, rural and valley views
No waterfront
No fencing
Home design
Raw land
Zoned LDS
Construction
No other structures on the property
Utilities
Electricity available
Well needed for water
Septic needed for sewer
Sewer not currently available
HOA & community
Not a senior community
Financial info
Annual tax amount approximately $821.35
Other
Located on a dirt road with public maintenance
Road frontage provides public access on a county road
Electricity and solar
View estimated energy costs and solar savings for this home
Great builder opportunity on this level 1 acre lot with view of airport and Peavine. Super area of Silver Knolls. Electricity close (1 pole) from the lot. You can watch the Reno Air Races from your back yard! Great lot at a great price! Shop and compare -- you can't beat this price. Seller reserves right to sell subject to 1031 exchange. A 2 acre parcel right next door is also available for sale (MLS #50025904) for $149,000. What a bargain!!
NNRMLS #50007549
Jun 10, 2005
Sold
$102,000
May 8, 2005
Listing Removed
—
May 5, 2005
Listed
$100,000
Reno Air Races in your back yard. Silver Knolls lots (and this one is 3 acres with power just a few feet away from lot) almost never come on the market. .. .. .Hurry for a chance to see the Reno Air Races up close. Buyer to verify all info.
NNRMLS #40011968
Sep 9, 2004
Sold
$110,000
Aug 9, 2004
Listed
$110,000
Aug 9, 2004
Listing Removed
—
Public Records
May 31, 1991
Sold
$16,083
Public Records
May 31, 1991
Sold
$17,423
Year
Property tax
Land + Additions
Assessment*
2025
$821 (+7.9%)
$49,875
2024
$761 (+7.9%)
$49,875
2023
$705 (+8.0%)
$49,875
2022
$653 (+8.0%)
$49,875
2021
$605 (+6.6%)
$41,563
2020
$568 (+5.0%)
$36,960
2019
$540 (+4.8%)
$36,960
2018
$516 (+4.2%)
$37,653
2017
$495 (+2.7%)
$27,489
2016
$482 (+0.2%)
$25,988
2015
$481 (+3.2%)
$23,620
2014
$466
$20,386
Public record
Public record
Zoning
Beds
—
Baths
—
Stories
—
Lot width
—
Lot depth
—
Lot size
5.26 Acres
Year renovated
—
Finished Sq. Ft.
—
Unfinished Sq. Ft.
—
Total Sq. Ft.
—
Year built
—
Style
Vacant Land
County
Washoe County
APN
086-370-03
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 22, 2026.
LDS
AN
Low Density Suburban
The Low Density Suburban (LDS) Regulatory Zone is intended to create and preserve areas where single-family, detached homes on 1 acre lots are predominant. Small neighborhood commercial uses may be permitted when they serve the needs of residents and are compatible with the residential character of the area. The maximum number of dwelling units that may be located in this regulatory zone is 1 unit per 1 acre. The minimum lot area in this regulatory zone is 35,000 sq ft.
Zone overlays
Airport Noise Exposure Overlay District
Climate risks
9/10 Flood Factor
Estimated 80%+ chance of a flood reaching the building in the next 30 years
8/10 Fire Factor
45% chance of being in a wildfire in next 30 years
4/10 Heat Factor
10 days above 91° expected this year, 25 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
9/10 Air Factor
19 unhealthy days expected this year, 20 days in 30 years
Provided by First Street
Historical weather
Reno, NV • 89508
Average low and high temperatures (°F)
47
25
50
30
60
36
61
37
71
46
83
55
86
59
85
56
79
52
66
41
53
33
50
30
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
94/ 100
Exceptional sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
8.1 hrs
4.9 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 00 Osage Rd
$190,601
$8,399 under list price of $199K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $385K to $650K.