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.
Property Details
Price:
$649,000
MLS #:
260004186
Status:
Active
Beds:
3
Baths:
2
Type:
Single Family
Subtype:
Single Family Residence
Listed Date:
Apr 9, 2026
Finished Sq Ft:
1,900
Total Sq Ft:
1,900
Lot Size:
87,338 sqft / 2.01 acres (approx)
Year Built:
1940
See this Listing
Schools
Elementary School:
Pleasant Valley
Middle School:
Marce Herz
High School:
Galena
Interior
Appliances
Dishwasher, Double Oven, Electric Cooktop, Electric Oven, Electric Range, Self Cleaning Oven
Bathrooms
2 Full Bathrooms
Fireplaces Total
1
Flooring
Carpet, Laminate, Wood
Heating
Oil
Interior Features
Breakfast Bar, Ceiling Fan(s), Entrance Foyer, Walk-In Closet(s)
Laundry Features
Cabinets, Laundry Room, Sink, Washer Hookup
Levels
One
Exterior
Common Walls
No Common Walls
Construction Materials
Stone
Exterior Features
Dog Run
Fencing
None
Garage Spaces
3
Lot Features
Corner Lot, Landscaped, Level, Other
Other Structures
Other
Parking Features
Additional Parking, Detached, Garage, Garage Door Opener, RV Access/Parking
Parking Spots
3
Parking Total
3
Roof
Shake
Spa Features
Above Ground
Stories
1
View
Mountain(s), Trees/Woods, Valley
Window Features
Single Pane Windows, Vinyl Frames
Financial
Taxes
$1,957
Map
Community
- Address505 Rhodes Road Reno NV
- CityReno
- CountyWashoe
- Zip Code89521
Market Summary
Current real estate data for Single Family in Reno as of Apr 10, 2026
459
Single Family Listed
71
Avg DOM
422
Avg $ / SqFt
$1,274,592
Avg List Price
Property Summary
- 505 Rhodes Road Reno NV is a Single Family for sale in Reno, NV, 89521. It is listed for $649,000 and features 3 beds, 2 baths, and has approximately 1,900 square feet of living space, and was originally constructed in 1940. The current price per square foot is $342. The average price per square foot for Single Family listings in Reno is $422. The average listing price for Single Family in Reno is $1,274,592.
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Courtesy of Sierra Sotheby’s International. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Northern Nevada Regional MLS. Detailed information about real estate listings held by brokerage firms other than Ascent Property Group include the name of the listing broker. Neither the listing company nor Ascent Property Group shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. Northern Nevada Regional MLS. All rights reserved. 505 Rhodes Road
Reno, NV