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$425,000

  • For Sale
  • Active
  • Lots/Land
  • 1.01 Acres
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Discover the perfect blend of rural charm and modern convenience with this rare 1-acre, level lot in the Hidden Lake area of S. Reno ideally situated 10 mins from shopping, 20 mins from downtown, 25 mins from skiing, and 40 mins from Lake Tahoe. This fully fenced property is currently used as a cultivated horse pasture and comes equipped with a domestic well and on-site electricity, offering a head start for your dream home or developing your ideal horse setup. With approximately 4 feet of valuable water rights, the land is ideal for both equestrian and agricultural use. You'll enjoy breathtaking panoramic views of the Sierra Nevadas - perfect for watching sunrises, sunsets, and the ever-changing Nevada skies. Whether you're an equestrian enthusiast, a hobby famer, or someone looking for a peaceful space to call home, this lot offers the flexibility, infrastructure and location to bring your vision to life. Don't miss this rare opportunity to own a beautiful, build-ready lot with water, power and the freedom to create your own rural retreat-just minutes from everything Reno-Tahoe has to offer!

Full Property Details for 251 Theobald Ln

General

  • Price: $425,000
  • Taxes: $1,125
  • Status: Active
  • Type: Lots/Land
  • Source: 2502
  • MLS ID: 250056447
  • Updated: 9/28/2025
  • Added to Site: 113 day(s) ago

Location

  • County: Washoe
  • Cross Streets: Neilson
  • Driving Directions: S Virginia to Andrew to Neilson to Theobald

School Information

  • Elementary School: Pleasant Valley
  • Middle School: Marce Herz
  • High School: Galena

Utilities

  • Sewer: Septic Needed
  • Water: Private, Well
  • Well: Yes
  • Cable Available: Yes
  • Utility Description: Cable Available, Electricity Connected, Internet Available, Phone Available, Sewer Not Available, Cellular Coverage

Additional Structures

  • Other Structures: None

Lot Features

  • Property View: Mountain(s)
  • Mountain views: Yes
  • Lot Size (Acres): 1.01
  • Lot Size (Sq. Ft.): 43,908.48
  • Frontage: Private Road
  • Street/Road Desc.: Gravel
  • Road Maintenance: Private Maintained Road
  • Lot Features: Cul-De-Sac, Level, Pasture, Sprinklers In Front, Sprinklers In Rear
  • Development Status: Rough Grade
  • Zoning: LDS
  • Fencing (Description): Full, Wire, Wood

Horse Property

  • Horse Property: Yes

Financial Considerations

  • Tax Amount: $1,125.22
  • Terms: 1031 Exchange, Cash, Conventional

Disclosures and Reports

  • APN: 1734262

Listed by Chase International-Damonte, Erin Albright (775) 843-9111

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Listing agent

— 251 Theobald Ln —

  • Erin Albright

    Chase International-Damonte

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Be ready to buy your new home!

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NMLS#: 1598647

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with our affiliated in-house agency

Request a Quote

Save up to an additional 20% by bundling your home and auto together!

Schools serving 251 Theobald Ln

School District:Washoe County School District
NameGradesDistance
Pleasant Valley Elementary School
405 Surrey Drive, Reno, NV 89511
K-52 mi
Marce Herz Middle School
13455 Thomas Creek Road, Reno, NV 89511
6-83.8 mi
Galena High School
3600 Butch Cassidy Drive, Reno, NV 89511
9-122.3 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 251 Theobald Ln Get Price Alerts and Save Property

Date
Details
Price
Change
Source
9/28/2025
Listed
$425,000
15.18%
MLS
4/15/2022
Sold
$369,000
—
Public Record
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Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 251 Theobald Ln

Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,125
8%
$69,635
16%
2024
$1,042
8%
$60,282
27%
2023
$965
8%
$47,480
21%
2022
$894
8%
$39,328
9%
2021
$828
—
$36,228
5%
2021
$828
19%
$34,475
9%
2019
$697
5%
$31,500
5%
2018
$666
—
$29,925
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Chase International-Damonte, Erin Albright (775) 843-9111

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251 Theobald Lane, Reno, NV 89521 (MLS# 250056447) is a Lots/Land property with a lot size of 1.01 acres. 251 Theobald Lane is currently listed for $425,000 and was received on September 28, 2025. Want to learn more about 251 Theobald Lane? Do you have questions about finding other Lots/Land real estate for sale in Reno? You can browse all Reno real estate or contact a Coldwell Banker agent to request more information.

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