Welcome to Shire Ridge

Shire Ridge is a 17.09-acre property ideal for a investment development, multi-family retreat, or a luxury estate.

MLS #: 250002221

Surrounded by nature yet conveniently located near Lake Tahoe and Reno, this expansive parcel offers endless possibilities.

With 6± acre-feet of water rights included.

Priced at $1,200,000.

The Property

Shire Ridge Estates is ideally positioned in one of the most sought-after locations in Northern Nevada. Just minutes from downtown Reno, this property is also a short drive from the outdoor paradise of Lake Tahoe, offering year-round recreation including world-class skiing, hiking, and boating. Located adjacent to the St. James master-planned community, this estate benefits from an established neighborhood while maintaining privacy and exclusivity. With easy access to major highways, top-rated schools, shopping, and dining, Shire Ridge Estates is the perfect blend of seclusion and convenience.

±17.09 acre parcel in South Reno's Pleasant Valley offering a rare development opportunity with split zoning of Medium Density Suburban (MDS 47%) and Medium Density Residential (MDR 53%). This zoning mix provides flexibility for a range of residential development strategies, including subdivision potential, multigenerational housing, or a private custom luxury home surrounded by views.

The property benefits from approximately 6 acre-feet of water rights and proximity to power, enhancing its long-term development viability. Located in an area experiencing continued growth, with nearby planned projects and infrastructure expansion, the site presents strong potential for future entitlement and density optimization.

Ideal for developers or investors seeking a large-scale residential project with optionality and multiple end-use strategies. Buyer to verify all zoning, density allowances, utilities, and development requirements with the appropriate governing agencies.

  • South Reno offers a wealth of shopping, dining, and entertainment options, making it a highly desirable location for homeowners and investors alike. 

    Residents enjoy convenient access to The Summit ​m​all, a premier open-air shopping center featuring high-end retailers, popular restaurants, and a luxury movie theater. 

    For dining, South Reno boasts a variety of options, from upscale steakhouses and trendy cafes to international cuisine and casual eateries. The area is also home to entertainment venues, golf courses, and fitness centers, ensuring a well-rounded lifestyle.

    Buying land in Reno, Nevada, can be a great investment, especially considering its growth and tax advantages. No State Income Tax – Nevada’s tax-friendly policies make land investments more attractive.

    Appreciating Property Values – Reno’s rapid growth, fueled by tech companies and business development, has increased land values. 

    Lower Property Taxes – Compared to California, Nevada has relatively lower property tax rates. 

    With 6± acre-feet of water rights included, this property provides a unique advantage in a region where water resources are increasingly valuable.

    Located just minutes from Lake Tahoe’s world-class outdoor recreation, residents can easily access skiing, hiking, and water sports, while enjoying the peaceful and scenic setting with stunning mountain and valley views.

    Elementary School: PLEASANT VALLEY

    Middle School: HERZ

    High School: GALENA

  • Priced at $1,200,000, this unique property presents an unparalleled opportunity for developers or families seeking a premier location to establish a custom estate.

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Conceptual Plan

Zoned for 47% medium-density suburban use, Shire Ridge Estates offers multiple possibilities for developers and families looking to create a unique residential enclave.

Option 1:

Build your own individual luxury custom lot in South Reno with over 17 acres with premium views of the Sierra Mountainside in a rare South Reno Pleasant Valley location.

Option 2:

Create your own unique custom lot development with 8+/- 2 acre+/- lots with compound potential.

Option 3:

Future subdivision potential! The adjacent Reflections Master Plan will need to provide City Sewer/Water services when developed bringing connection ability to the subject property. This would allow a developer the ability to entitle product anywhere from triplexes to 3 units per acre (9,000sf-12,000+/- lots) on 47% of the property based on current MDS zoning. The remaining 53% is entitled to remain 4+/- custom lots under current MDR zoning.

Your vision.

Your legacy.

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