3325 Clearacre Lane presents a rare opportunity to get paid while you plan for a higher use on a strategically located 1.5-acre parcel. With two existing houses providing immediate income, this property offers flexibility and cash flow as you explore future development options. Positioned at the gateway to Sun Valley, the site boasts massive daily traffic counts and high visibility--ideal for commercial, mixed-use, or multi-family concepts. Whether you're envisioning retail frontage, residential density, or something bold and innovative, this is the perfect canvas to think out loud and build value in a fast-growing corridor. Lots of development planned for the area where Clearacre meets the Freeway. Commercial uses along with multi-family would be best.
Active
$1,432,000
3325 Clear Acre Ln, Reno, NV 89512
3beds
2baths
1,601sqft
Duplex
Built in 1945
-- sqft lot
$1,339,600 Zestimate®
$894/sqft
$-- HOA
What's special
- 107 days |
- 213 |
- 4 |
Zillow last checked:
Listing updated:
Listed by:
Tim Lambdin BS.7450 775-813-3414,
NextHome Yourpickettfence Group
Source: NNRMLS,MLS#: 260002834
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
Heating
- Electric, Forced Air, Varies by Unit
Cooling
- Central Air, Electric, Varies by Unit
Appliances
- Included: Dishwasher, Electric Oven, Electric Range, Refrigerator
- Laundry: In Unit, Washer Hookup
Features
- Flooring: Carpet, Laminate, Varies
- Windows: Varies
- Has fireplace: No
Interior area
- Total structure area: 1,601
- Total interior livable area: 1,601 sqft
Property
Parking
- Parking features: Detached, Garage, RV Access/Parking, Varies by Unit
Features
- Levels: Two
- Stories: 2
- Exterior features: None
- Pool features: None
- Spa features: None
- Fencing: Partial
Lot
- Size: 1.54 Acres
- Features: Gentle Sloping
Details
- Additional structures: None
- Parcel number: 00406118
- Zoning: SF3
- Other equipment: Varies by Unit
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex
Materials
- Other
- Foundation: Concrete Perimeter, Slab
- Roof: Asphalt,Pitched,Shingle
Condition
- Year built: 1945
Utilities & green energy
- Sewer: Septic Tank
- Water: Shared Well, Well
- Utilities for property: Cable Available, Cable Connected, Electricity Available, Electricity Connected, Internet Available, Internet Connected, Phone Available, Phone Connected, Cellular Coverage, Underground Utilities, Varies By Unit
Community & HOA
Location
- Region: Reno
Financial & listing details
- Price per square foot: $894/sqft
- Tax assessed value: $251,366
- Annual tax amount: $1,926
- Date on market: 3/13/2026
- Cumulative days on market: 374 days
- Listing terms: 1031 Exchange,Cash,Conventional,Owner May Carry,Owner May Carry 2nd,VA Loan
Estimated market value
$1,339,600
$1.27M - $1.41M
$1,688/mo
Price history
| Date | Event | Price |
|---|---|---|
| 3/13/2026 | Listed for sale | $1,432,000$894/sqft |
Source:  NNRMLS #260002834 Report a problem | ||
| 2/1/2026 | Listing removed | $1,432,000$894/sqft |
Source: NNRMLS #250051902 Report a problem | ||
| 10/6/2025 | Price change | $1,432,000-15.5%$894/sqft |
Source: NNRMLS #250051902 Report a problem | ||
| 6/21/2025 | Listed for sale | $1,695,000+323.8%$1,059/sqft |
Source: NNRMLS #250051902 Report a problem | ||
| 9/30/2021 | Sold | $400,000$250/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | $1,927 +13.2% | $87,978 +6.7% |
| 2025 | $1,702 +8% | $82,461 +1.2% |
| 2024 | $1,576 +8% | $81,504 +9.2% |
| 2023 | $1,460 +8% | $74,658 +8.2% |
| 2022 | $1,352 +3.2% | $68,994 +24.7% |
| 2021 | $1,311 +3% | $55,321 |
| 2020 | $1,272 -2.9% | -- |
| 2019 | $1,311 +3% | $49,652 +13.1% |
| 2018 | $1,272 +8.8% | $43,895 +11.6% |
| 2017 | $1,169 | $39,323 +3% |
| 2016 | $1,169 | $38,161 +6.8% |
| 2015 | $1,169 +3.2% | $35,735 +5.3% |
| 2014 | $1,133 | $33,950 +13% |
| 2013 | $1,133 | $30,045 -1.5% |
| 2011 | -- | $30,515 -26.4% |
| 2010 | -- | $41,481 |
| 2009 | -- | $41,481 -25.3% |
| 2008 | -- | $55,501 |
| 2007 | -- | $55,501 +11.9% |
| 2006 | -- | $49,591 +38.4% |
| 2005 | -- | $35,833 +10.1% |
| 2004 | -- | $32,544 -0.6% |
| 2003 | -- | $32,726 +0.3% |
| 2002 | -- | $32,614 |
| 2001 | -- | $32,614 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: Northeast
Nearby schools
GreatSchools rating
- 2/10Lois Allen Elementary SchoolGrades: PK-5Distance: 1.3 mi
- 4/10Desert Skies Middle SchoolGrades: 6-8Distance: 4.5 mi
- 2/10Procter R Hug High SchoolGrades: 9-12Distance: 1 mi
Schools provided by the listing agent
- Elementary: Allen
- Middle: Desert Skies
- High: Hug
Source: NNRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
- Nevada
- Washoe County
- Reno
- 89512
- Northeast
- 3325 Clear Acre Ln
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