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$649,000 Just Listed
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Property Description
Rare Pleasant Valley opportunity in South Reno on 2 usable acres with water rights and no HOA. 1,900 sq ft home featuring 3 bedrooms, 2 baths, and 3 car garage. Flat, usable acreage with room for horses, RVs, trailers, equipment, shop space, or future expansion. Enjoy quiet rural living with privacy, open space, and mountain and valley surroundings, all just minutes to Reno, shopping, dining, and everyday conveniences. Hard to find combination of land, location, and flexibility in one of South Reno's most desirable rural communities. Priced to reflect condition and sold as is. Strong opportunity for buyers ready to update, remodel, or personalize while building equity. Ideal for those seeking acreage, investment potential, or a long term hold in a high demand area. Existing home, land, and water rights provide a solid foundation for improvement, expansion, or future vision. Rare chance to create your own space with usable land and valuable water rights in Pleasant Valley. Properties with usable acreage, water rights, and no HOA in Pleasant Valley rarely come available.
Full Property Details
Full Property Details for 505 Rhodes Rd
General
- Price: $649,000
- Taxes: $1,957
- Status: Under Contract
- Type: Single Family
- Source: 2502
- MLS ID: 260004186
- Updated: 4/11/2026
- Added to Site: 5 day(s) ago
Interior
- Interior Features: Breakfast Bar, Ceiling Fan(s), Entrance Foyer, Walk-In Closet(s)
- Fireplace: Yes
- Number of Fireplaces: 1
- Fireplace(s): Wood Burning
- Appliances: Dishwasher, Double Oven, Electric Cooktop, Electric Oven, Electric Range, Self Cleaning Oven
- Flooring: Carpet, Laminate, Wood
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 3
Other Rooms
- Laundry: Cabinets, Laundry Room, Sink, Washer Hookup
Additional Information
- Spa: Yes
- Spa Description: Above Ground
Exterior
- Exterior Features: Dog Run
Parking
- Garage: Yes
- Garage Spaces: 3
- Total Spaces: 3
- Parking Features: Additional Parking, Detached, Garage, Garage Door Opener, RV Access/Parking
Location
- County: Washoe
School Information
- Elementary School: Pleasant Valley
- Middle School: Marce Herz
- High School: Galena
Heating & Cooling
- Heating Type: Oil
Utilities
- Sewer: Septic Tank
- Water: Private, Well
- Well: Yes
- Cable Available: Yes
- Utility Description: Cable Available, Electricity Available, Electricity Connected, Internet Available, Natural Gas Available, Phone Available, Cellular Coverage
Structural Information
- Property Detached: Yes
- Exterior Const.: Stone
- Roof: Shake
- Common Walls: No Common Walls
- Windows: Single Pane Windows, Vinyl Frames
- Stories/Levels: 1
- Building Size: 1900
- Square Feet: 1,900
- Living Area: 1,900 Sq. Ft.
- Year Built: 1940
Additional Structures
- Other Structures: Other
Lot Features
- Property View: Mountain(s), Trees/Woods, Valley
- Mountain views: Yes
- Lot Size (Acres): 2.01
- Lot Size (Sq. Ft.): 87,338
- Frontage: Private Road, Public, Other
- Road Maintenance: Public Maintained Road
- Lot Features: Corner Lot, Gentle Sloping, Landscaped, Level, Other
- Zoning: Lds
- Fencing (Description): None
Horse Property
- Horse Property: Yes
Financial Considerations
- Price Per Sq. Ft.: $341.58
- Tax Amount: $1,957.44
- Terms: 1031 Exchange, Cash, Conventional
Disclosures and Reports
- Special Conditions: Other
- APN: 017-400-35
Listed by Sierra Sotheby's International, Jodi Kruse (775) 233-1190
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Schools
Schools serving 505 Rhodes Rd
School District:Washoe County School District
| Name | Grades | Distance |
|---|---|---|
Pleasant Valley Elementary School 405 Surrey Drive, Reno, NV 89511 | K-5 | 2.8 mi |
Marce Herz Middle School 13455 Thomas Creek Road, Reno, NV 89511 | 6-8 | 3.6 mi |
Galena High School 3600 Butch Cassidy Drive, Reno, NV 89511 | 9-12 | 2.3 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 505 Rhodes Rd
Date
Details
Price
Change
Source
4/09/2026
Listed
$649,000
—
MLS
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
Tax History for 505 Rhodes Rd
Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,957
3%
$75,499
9%
2024
$1,901
3%
$69,050
8%
2023
$1,845
3%
$63,883
15%
2022
$1,792
3%
$55,625
3%
2021
$1,740
—
$54,012
4%
2021
$1,740
6%
$52,061
3%
2019
$1,644
2%
$50,723
2%
2018
$1,616
1%
$49,833
1%
2017
$1,604
1%
$49,471
—
2016
$1,593
—
$49,408
1%
2015
$1,588
2%
$49,013
2%
2014
$1,555
—
$47,997
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 505 Rhodes Rd
505 Rhodes Road, Reno, NV 89521 (MLS# 260004186) is a Single Family property with 3 bedrooms and 2 full bathrooms. 505 Rhodes Road is currently listed for $649,000 and was received on April 09, 2026. Want to learn more about 505 Rhodes Road? Do you have questions about finding other Single Family real estate for sale in Reno? You can browse all Reno real estate or contact a Coldwell Banker agent to request more information.

