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Residential Land for Sale in Reno, Nevada

California Ave, Reno, NV 89509

$1,440,000
0.86 acres
Active sale
$45k drop
Est $10,477/mo

This rare .86-acre parcel offers an exceptional opportunity in the heart of Reno's historic Old Southwest, with frontage along the Truckee River. Approximately half an acre is flat and buildable, while the balance terraces toward the river, creating the potential for a custom home that takes full advantage of both the urban setting and the natural beauty of the river corridor. Positioned between two iconic 1920s mansions, the property offers a unique combination of history, privacy, and proximity to downtown Reno. The sloping portion of the site could be thoughtfully terraced, with the potential for a landing or gathering area near the river's edge-creating a private retreat along the water. The property is fenced and enhanced by mature trees, adding character and a sense of seclusion. City utilities, including natural gas, electricity, and water, are readily available, providing an important advantage for future development of the site.

Location

Street address
California Ave
Zip code
89509
Elevation
4,541 feet
Coordinates
39.5202, -119.8214

Directions

Arlington to West on California

Property details

Lot size
0.86 acres37,462 sq ft
Zoning
SF5
MLS #
NNRMLS 250053123
Posted

Property taxes

Recent
$4,101

Parcels

  • 011-141-31

Details and features

Listing

Type
Land

Lot

View
City
Waterfront
Yes
Features
Level, Sloped Down

Exterior

Fencing
Fenced

Structure

Water
Public
Sewer
Public Sewer

Nearby schools

NameType
Hunter LakeElementary
SwopeMiddle
RenoHigh

Listing history

DateEventPriceChangeSource
Oct 6, 2026Price drop$1,440,000$45,000 -3%NNRMLS
June 26, 2026Price drop$1,485,000$60,000 -3.9%NNRMLS
Jan 20, 2026Back on market$1,545,000—NNRMLS
Nov 7, 2025Under contract$1,545,000—NNRMLS
Oct 29, 2025Price drop$1,545,000$140,000 -8.3%NNRMLS
July 16, 2025New listing$1,685,000—NNRMLS
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This 0.86-acre property is located at California Ave in Reno, NV 89509. The land is available for sale, priced at $1,440,000.

Listed by Dickson Realty - Caughlin, (775) 746-7000

Checked 2 hours agoUpdated Source

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