550 S Verdi Rd, Verdi, NV, 89439
About This Home
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 in which their conditions are unknown but 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. Seller determined the inside is not safe for showings. See interior photos.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1908
Materials
- Foundation: Crawl Space
- Roof: Shingle
Type & Style
- Home type: SingleFamily
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: None
- Laundry features: None
Basement
- Has basement: Yes
- Basement: Unfinished
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
Features
- Window features: Single Pane Windows
- Flooring: Wood
- Fireplace features: Wood Burning Stove
- Fireplace: Yes
- Common walls with other units/homes: No Common Walls
Heating
- Heating features: Wood Stove
Interior Area
- Total structure area: 1,207
- Total interior livable area: 1,207 sqft
Property
Details
- Parcel number: 03842013
- Zoning: MDS
Features
- Levels: Two
- Stories: 2
- Exterior features: None
- Spa features: None
- Fencing: Partial
- Has view: Yes
- View description: Mountain(s)
Lot
- Lot size: 0.37 Acres
- Features: Level
Parking
- Total spaces: 1
- Parking features: Detached,Garage
- Has garage: Yes
- Attached garage spaces: 1
- Covered spaces: 1
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Inland Flooding
- Wildfire
- Winter Weather
- Earthquake
How This Home’s Risks Compare
FEMA Declared Disasters Across Nevada Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $2,022 | $24,264 |
| Home Insurance | $76 | $912 |
| Property Taxes | $719 | $8,628 |
| Electricity | $192 | $2,306 |
| Total | $3,009 | $36,108 |
Income You'd Need if You Spent...
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-04-08 | Listed for sale | $400,000 |
| 1988-01-20 | Sold | $75,500 |
View on Zillow