$175,000
SOLD MAY 22, 2025

5305 Aerie Way Reno, NV 89510

40 Acres
$4,333 Price per Acre
1,759,388 Sq Ft Lot

Recently Sold

17% Below List Price

720 Days on Market

Highlights

  • Airstrip
  • Mountain View
  • Level Lot
  • 40.39 Acre Lot

About This Lot

As of May 2025

Enjoy life alongside your aircraft in Flying Eagles Airpark (77NV) in Northern Nevada. Just 18 miles north of Reno, 6 miles from Pyramid Lake, and a 15 minute drive to Galleria Parkway’s shopping & restaurants, this private, gated airpark community is the perfect place to build your dream home with your personal hangar whether you are a pilot, or just enjoy the 360 degree view of natural beauty. You don’t have to be an aviator or pilot to live like one., With sixteen, 40 acre parcels making up this 640 acre community, all parcels have direct access to the two private paved runways (16/34 is 4,700-feet by 35-feet, and 7/25 is 4,300-feet by 25-feet) at an elevation of 4220’ (estimated) and an exiting light system. 40 acres of land is plenty of space to roam and have privacy. The possibilities are limitless. Each parcel can have up to two separate houses and hangars built the way you’ve always dreamed. Flying Eagle Airpark (77NV) is private and licensed. No state income tax makes this a great home base. Aircraft(s) and hangar(s) shown in photos are not part of the sale. Hangars shown in photos are located within subdivision and are shown as an example. Nearby airports with instrument procedures include: KRTS- Reno/Stead Airport (14 nm SW) *KRNO- Reno/Tahoe International Airport (21 nm S) *O02- Nervino Airport (31 nm W) *KAHC- Amedee Army Airfield (33 nm NW) *KSPZ - Silver Springs Airport (33 nm SE) Latitude: 39.845323 Longitude: -119.679563 Additional Parcels Available for Sale (APN's: 076-200-20, 076-200-21, 076-200-23, 076-200-24, 076-200-25, 076-200-26, 076-200-27, 076-200-30, 076-200-32).

Last Agent to Sell the Property

Brian Kuykendall

Keller Williams Group One Inc. License #BS.25835 Listed on: 05/05/2023

Keller Williams Group One Inc.

Last Buyer's Agent

Joylene Hill

Allison James Estates & Homes License #S.186288

Allison James Estates & Homes

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $734

Lot Details

  • 40.39 Acre Lot
  • Property fronts a private road
  • Property fronts an easement
  • Level Lot
  • Open Lot
  • Corners Of The Lot Have Been Marked
  • Subdivision Possible
  • Property is zoned GRA

HOA Fees

  • Property has a Home Owners Association

Property Views

  • Mountain
  • Valley

Schools

  • Taylor Elementary School
  • Shaw Middle School
  • Spanish Springs High School

Utilities

  • Underground Utilities
  • Water Not Available
  • Well Required
  • Septic Needed
  • Sewer Not Available
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 07620031

Community Details

Overview

  • Air Park Ranches HOA
  • The community has rules related to covenants, conditions, and restrictions, deed restrictions

Amenities

  • Common Area

Recreation

  • Airstrip

Property Details

Property Type

Land

Est. Annual Taxes

$734

Lot Details

0

HOA Fees

$300 per month

Listing Details

  • Current Use: Unimproved
  • Property Type: Land
  • Horses: No
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Co List Office Mls Id: 1315-o
  • Co List Office Phone: 775-823-8787
  • Directions: Pyramid Hwy - Grass Galley - (L) Flying Eagle Dr -
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: Mountain(s), Valley

Utilities

  • Utilities: Cable Available, Electricity Available, Phone Available, Sewer Not Available, Water Not Available, Underground Utilities
  • Water Source: Well Needed, None
  • Sewer: Septic Needed, None

Schools

  • Middle Or Junior School: Shaw Middle School

Lot Info

  • Parcel Number: 07620031
  • Fencing: None
  • Lot Size Sq Ft: 1759388.4
  • Crops Included: No
  • Zoning: GRA

Tax Info

  • Tax Annual Amount: 734.35

MLS Schools

  • Elementary School: Taylor
  • HighSchool: Spanish Springs

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 5, 2023
Closed on
May 20, 2025
Sold by
Air Park Llc
Bought by
Sky Ark Llc
Seller's Agent
Brian Kuykendall
Keller Williams Group One Inc.
Buyer's Agent
Joylene Hill
Allison James Estates & Homes
List Price
$210,000
Sold Price
$175,000
Premium/Discount to List
-$35,000
-16.67%
Total Days on Market
720
Views
192

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2882.44%

Purchase Details

Closed on
Jan 13, 2023
Sold by
Gz Llc
Bought by
Air Park Llc

Purchase Details

Closed on
Apr 25, 2007
Sold by
Moser Mark D and Moser Laurel W
Bought by
Gz Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,686
Interest Rate
6.11%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jun 20, 2002
Sold by
Flying Eagle Air Park Ranches Llc
Bought by
Moser Mark D and Moser Laurel W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
6.78%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Bargain Sale Deed $350,000 Stewart Title
Deed In Lieu Of Foreclosure $1,074,500 Stewart Title
Bargain Sale Deed $146,500 Western Title Incorporated
Bargain Sale Deed $200,000 First Centennial Title Compa
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $150,686 Stand Alone Second
Previous Owner $150,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/22/2025 05/22/25 Sold $175,000 -16.7% --
05/05/2025 05/05/25 For Sale $210,000 +20.0% --
08/08/2023 08/08/23 Off Market $175,000 -- --
05/05/2023 05/05/23 For Sale $185,000 -- --
Source: Northern Nevada Regional MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $1,474 $50,400 $50,400 --
2024 $1,474 $47,250 $47,250 --
2023 $737 $23,625 $23,625 $0
2022 $734 $23,625 $23,625 $0
2021 $680 $23,625 $23,625 $0
2020 $640 $23,625 $23,625 $0
2019 $609 $23,625 $23,625 $0
2018 $581 $23,625 $23,625 $0
2017 $558 $23,625 $23,625 $0
2016 $544 $23,625 $23,625 $0
2015 $543 $23,625 $23,625 $0
2014 $526 $16,853 $16,853 $0
2013 -- $16,853 $16,853 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Northern Nevada Regional MLS

MLS Number: 230004527

Northern Nevada Regional MLS

APN: 076-200-31