I had occasion this last week to show a property in Old South Suburban Reno.  For those of you who aren’t familiar, it’s the area directly west of the Meadowood Mall, behind the old Harrah’s Ranch, which is very close in and zoned for horses.  Needless to say the prices in the area are high.

This particular property finds itself in an unfortunate circumstance and must be sold.  One year ago it was listed for 1.5 million.  Now we find that it too is in a short sale situation, priced at $999.  So, we have a 3500 sq. ft. home on 2.5 pristine acres with full views in its secluded hideaway for under 1.0 million!  Remember what I blogged yesterday about chasing down the market?  This is a prime example.

If you are in the market to purchase that home of a lifetime in Reno, with a little updating this home would be magnificent!  I always want to pass along deals and solid information, so there you have it!