Build your dream home in the beautiful and highly sought-after Galena Forest Estates now offered at an improved price. This rare half-acre homesite is surrounded by towering pines, mountain scenery, and the peaceful setting that makes Galena one of Reno's most desirable custom-home communities. Seller financing is available with a substantial down payment, offering a unique opportunity for buyers seeking flexible terms. Financing available at just 6% interest, making it easier to secure this exceptional property and begin building your custom mountain retreat. Enjoy nearby hiking and biking trails, easy access to Mt. Rose Highway, Lake Tahoe, and all the conveniences of South Reno while surrounded by nature. Included with the property are HOA-approved plans for a thoughtfully designed 2,800 square foot single-level custom home featuring three bedrooms, a dedicated home office, and an expansive open-concept floor plan created for both comfortable living and effortless entertaining. Whether hosting guests or relaxing on the back deck surrounded by nature, every detail has been carefully envisioned for your enjoyment. The hard work has already been completed for you. Engineering is complete, a septic plan is in place, and the building plans have been approved and are ready to go, providing a rare opportunity to fast-track construction of your dream home in one of Northern Nevada's most beautiful and established forest communities. Don't miss this chance to own a premium homesite in one of Northern Nevada's most scenic neighborhoods.
Active under contract-show
Price cut: $5K (8/11)
$275,000
40 Myrtlewood Cir, Reno, NV 89511
--beds
0baths
0.48Acres
Land
Built in ----
0.48 Acres Lot
$-- Zestimate®
$--/sqft
$28/mo HOA
What's special
Rare half-acre homesitePremium homesiteSurrounded by towering pinesMountain sceneryPeaceful settingSurrounded by nature
- 135 days
- 22
- 1
Zillow last checked:
Listing updated:
Listed by:
Jeanne Hill S.184344 805-990-1317,
LPT Realty, LLC
Source: NNRMLS,MLS#: 260006357
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Property
Features
- Fencing: None
- Has view: Yes
- View description: Trees/Woods
Lot
- Size: 0.48 Acres
- Features: Cul-De-Sac, Level, Open Lot, Wooded
Details
- Additional structures: None
- Parcel number: 04711419
- Zoning: lds
Utilities & green energy
- Sewer: Septic Needed
- Water: Public
- Utilities for property: Electricity Available, Internet Available, Natural Gas Not Available, Phone Available, Sewer Not Available, Water Available
Community & HOA
Community
- Subdivision: Galena Forest Estates 2E Phase 4
HOA
- Has HOA: Yes
- HOA fee: $330 annually
- HOA name: Gaston Wilkerson
Location
- Region: Reno
Financial & listing details
- Tax assessed value: $250,000
- Annual tax amount: $1,563
- Date on market: 5/20/2026
- Cumulative days on market: 365 days
- Listing terms: 1031 Exchange,Cash,Conventional
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 8/25/2026 | Contingent | $275,000 |
Source: | ||
| 8/11/2026 | Price change | $275,000-1.8% |
Source: | ||
| 5/20/2026 | Listed for sale | $280,000+0% |
Source: | ||
| 12/9/2025 | Listing removed | $279,900 |
Source: | ||
| 8/29/2025 | Price change | $279,900-6.7% |
Source: | ||
| 4/23/2025 | Listed for sale | $299,900+30.4% |
Source: | ||
| 9/1/2023 | Listing removed | -- |
Source: | ||
| 8/31/2021 | Sold | $230,000-8% |
Source: Public Record Report a problem | ||
| 7/29/2021 | Pending sale | $249,900 |
Source: | ||
| 7/22/2021 | Price change | $249,900-9.1% |
Source: | ||
| 6/16/2021 | Listed for sale | $275,000+113.2% |
Source: | ||
| 7/5/2019 | Sold | $129,000 |
Source: | ||
| 6/10/2019 | Pending sale | $129,000 |
Source: Coldwell Banker Select Real Estate #1004147 Report a problem | ||
| 5/20/2019 | Listed for sale | $129,000-7.8% |
Source: Coldwell Banker Select Real Es #1004147 Report a problem | ||
| 11/26/2018 | Listing removed | $139,900 |
Source: Coldwell Banker Select Real Estate #1004147 Report a problem | ||
| 8/2/2018 | Price change | $139,900-6.1% |
Source: Coldwell Banker Select Real Estate #1004147 Report a problem | ||
| 4/11/2018 | Listed for sale | $149,000-14.9% |
Source: Coldwell Banker Select Real Estate #1004147 Report a problem | ||
| 4/1/2004 | Sold | $175,000+45.8% |
Source: Public Record Report a problem | ||
| 7/2/2002 | Sold | $120,000+20% |
Source: Public Record Report a problem | ||
| 5/28/1998 | Sold | $100,000+17.6% |
Source: Public Record Report a problem | ||
| 8/6/1997 | Sold | $85,000 |
Source: Public Record Report a problem | ||
| 12/10/1996 | Sold | $85,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | $1,564 +8% | $87,500 +8.7% |
| 2025 | $1,448 +8% | $80,500 +2.2% |
| 2024 | $1,341 +8% | $78,750 +12.5% |
| 2023 | $1,242 +7.9% | $70,000 +8.1% |
| 2022 | $1,151 +6.4% | $64,750 +8.8% |
| 2021 | $1,081 +5.1% | $59,500 +17.2% |
| 2020 | $1,029 -4.8% | $50,750 |
| 2019 | $1,081 +5.1% | $50,750 |
| 2018 | $1,029 +11.9% | $50,750 +16% |
| 2017 | $920 | $43,750 +8.7% |
| 2016 | $920 | $40,250 +27.8% |
| 2015 | $920 +301.5% | $31,500 +12.5% |
| 2014 | $229 -74.2% | $28,000 +5.3% |
| 2013 | $888 | $26,600 |
| 2012 | -- | $26,600 -11.1% |
| 2011 | -- | $29,925 -40% |
| 2010 | -- | $49,875 -10.3% |
| 2009 | -- | $55,633 -15% |
| 2008 | -- | $65,450 -24.4% |
| 2007 | -- | $86,625 +108% |
| 2006 | -- | $41,641 +2% |
| 2005 | -- | $40,824 +8% |
| 2004 | -- | $37,800 +27.1% |
| 2003 | -- | $29,750 |
| 2002 | -- | $29,750 |
| 2001 | -- | $29,750 |
Find assessor info on the county website
Monthly payment
Climate risks
Neighborhood: Galena
Nearby schools
Schools provided by the listing agent
- Elementary: Hunsberger
- Middle: Marce Herz
- High: Galena
Source: NNRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.






