Active

$400,000

550 S Verdi Rd, Verdi, NV 89439

2beds

1,207sqft

Est.:

Single Family Residence

Built in 1908

0.37 Acres Lot

$395,100 Zestimate^®

$331/sqft

$-- HOA

What's special

Quiet tucked-away road

Located on a quiet, tucked-away road just off S Verdi Rd, this 0.37-acre property offers a unique opportunity in the growing Verdi area. The existing home, built in 1908, and detached garage/storage structure are in need of significant renovation, or the property could be redeveloped to accommodate new construction. The lot itself is level and usable, providing a solid foundation for a variety of possibilities. The property includes an older well and septic system that will require attention, along with water rights from the Steamboat Ditch. With convenient access to I-80, the location allows for an easy commute to Reno and nearby California while still maintaining a more private setting. As development continues in Verdi and available land becomes more limited—particularly without HOA restrictions—this property presents a compelling option for investors, builders, or buyers looking to create a custom home.

1 day

949

53

Tour with a local agent

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 2
Full bathrooms: 1
1/2 bathrooms: 1

Heating

Wood Stove

Appliances

Included: None
Laundry: None

Features

Flooring: Wood
Windows: Single Pane Windows
Basement: Unfinished
Has fireplace: Yes
Fireplace features: Wood Burning Stove
Common walls with other units/homes: No Common Walls

Interior area

Total structure area: 1,207
Total interior livable area: 1,207 sqft

Property

Parking

Total spaces: 1
Parking features: Detached, Garage
Garage spaces: 1

Features

Levels: Two
Stories: 2
Exterior features: None
Spa features: None
Fencing: Partial
Has view: Yes
View description: Mountain(s)

Lot

Size: 0.37 Acres
Features: Level

Details

Additional structures: None
Parcel number: 03842013
Zoning: MDS

Construction

Type & style

Home type: SingleFamily
Property subtype: Single Family Residence

Materials

Foundation: Crawl Space
Roof: Shingle

Condition

New construction: No
Year built: 1908

Utilities & green energy

Sewer: Septic Tank
Water: Well
Utilities for property: Electricity Available

Community & HOA

Community

Subdivision: Lett`S Addition To Verdi

HOA

Has HOA: No

Location

Region: Verdi

Financial & listing details

Price per square foot: $331/sqft
Tax assessed value: $126,422
Annual tax amount: $1,065
Date on market: 4/8/2026
Listing terms: Cash

Estimated market value

$395,100

$332,000 - $454,000

$2,034/mo

Price history

Date	Event	Price
4/8/2026	Listed for sale	$400,000+429.8%$331/sqft
Source: NNRMLS #260004082 Report a problem
1/20/1988	Sold	$75,500$63/sqft
Source: Agent Provided Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$987 +8%	$44,248 +0.4%
2024	$914 +8%	$44,064 +3%
2023	$847 +8%	$42,767 +11.6%
2022	$784 +6.5%	$38,330 +13.5%
2021	$736 +5%	$33,768 +6.4%
2020	$701 -4.8%	$31,739
2019	$736 +5%	$31,739 +19.7%
2018	$701 +12%	$26,505 +7.5%
2017	$626	$24,658 +2.3%
2016	$626	$24,098 +17.6%
2015	$626 +301.2%	$20,496 +3%
2014	$156 -74.2%	$19,891 +9.7%
2013	$605	$18,125
2012	--	$18,125 +1%
2011	--	$17,949 -10%
2010	--	$19,946 -19.1%
2009	--	$24,669 -45.2%
2008	--	$44,989
2007	--	$44,989 +48.5%
2006	--	$30,303 +6%
2005	--	$28,575 +0.3%
2004	--	$28,486 +10.6%
2003	--	$25,746 +0.2%
2002	--	$25,684
2001	--	$25,684