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$235,000
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Property Description
Fly In, Land Home - 40 Acres in Reno's Only Private Air-Park Community" Own your own runway. This 40.58-acre parcel sits inside Flying Eagle Air Park (FAA designator 77NV) - a private, gated air-park community just 15 minutes from Reno/Sparks area shopping. Two active runways (4,700' and 4,300') and taxiways run through the community, giving this lot direct access - taxi from your hangar straight to the strip. Build a home, a hangar, or both - the parcel is zoned to allow two separate residences, each with its own hangar, a rare setup for pilots who want room for family and fleet. Views stretch across the mountains and valley in every direction, and the lot is level, open, and easy to build on, with electricity, cable, and phone available and underground utilities in place. This is one of only 3 remaining lots in a community and owners are actively building - a private, established air-park rather than a speculative one. Additional adjacent parcels are also available for buyers wanting to expand their footprint. APN: 076-200-25 - 5550 Flying Eagle Dr AND APN: 076-200-24 5300 Flying Eagle Dr Gated, secure, and made for pilots who want to live where they land. Runways were repaved in 2026.
Full Property Details
Full Property Details for 5555 Aerie Way
General
- Price: $235,000
- HOA FEE: $150/month
- Taxes: $747
- Status: Active
- Type: Lots/Land
- Source: 2502
- MLS ID: 230004226
- Updated: 9/17/2026
- Added to Site: 24 day(s) ago
Location
- County: Washoe
- Cross Streets: Grass Valley Rd & Flying Eagle Dr
- Driving Directions: Grass Valley Rd - (L) Flying Eagle Dr - (L) Aerie
School Information
- Elementary School: Taylor
- Middle School: Shaw Middle School
- High School: Spanish Springs
Community
- Association: Yes
- Assoc. Name: Flying Eagle Air Park
- Assoc. Fees Include: Maintenance Grounds
Utilities
- Sewer: Septic Needed
- Water: Well Needed
- Well: Yes
- Cable Available: Yes
- Utility Description: Cable Available, Electricity Available, Phone Available, Sewer Not Available, Water Not Available, Underground Utilities
Lot Features
- Property View: Desert, Mountain(s), Valley
- Mountain views: Yes
- Lot Size (Acres): 40.58
- Lot Size (Sq. Ft.): 1,767,664.8
- Frontage: Private Road, Other
- Street/Road Desc.: Paved
- Road Maintenance: Road Maintenance Agreement
- Lot Features: Level, Open Lot, Airstrip, Corners Marked
- Development Status: Raw Land
- Zoning: GRA
- Fencing (Description): None
Financial Considerations
- Association Fee: Yes
- Association Fee: $150
- Assoc Fee Freq.: Monthly
- Tax Amount: $747.67
- Terms: 1031 Exchange, Cash, Conventional, Owner May Carry
Disclosures and Reports
- APN: 076-200-30
Listed by Keller Williams Group One Inc., Brian Kuykendall (775) 745-9888
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Schools
Schools serving 5555 Aerie Way
School District:Washoe County School District
| Name | Grades | Distance |
|---|---|---|
Alyce Savage Taylor Elementary School 252 Egyptian Drive, Sparks, NV 89441 | K-5 | 13.3 mi |
Yvonne Shaw Middle School 600 Eagle Canyon Drive, Sparks, NV 89441 | 6-8 | 13.8 mi |
Spanish Springs High School 1065 Eagle Canyon Drive, Sparks, NV 89441 | 9-12 | 13.7 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 5555 Aerie Way
Date
Details
Price
Change
Source
1/23/2026
Price Increased
$235,000
11.9%
MLS
8/15/2024
Price Increased
$210,000
13.51%
MLS
5/02/2023
Listed
$185,000
—
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 5555 Aerie Way
Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,191
-25%
$55,659
9%
2025
$1,589
7%
$50,916
7%
2024
$1,490
98%
$47,784
98%
2023
$752
1%
$24,098
—
2022
$748
8%
$24,019
—
2021
$692
—
$24,001
—
2021
$692
12%
$23,975
—
2019
$620
5%
$23,975
—
2018
$592
4%
$23,958
—
2017
$568
3%
$23,958
—
2016
$554
—
$23,949
—
2015
$552
3%
$23,923
39%
2014
$535
—
$17,159
—
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 5555 Aerie Way
5555 Aerie Way, Reno, NV 89510 (MLS# 230004226) is a Lots/Land property with a lot size of 40.58 acres. 5555 Aerie Way is currently listed for $235,000 and was received on September 17, 2026. Want to learn more about 5555 Aerie Way? 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.

