Meridian 120 South - 7 Individual Development Parcels

Old Town Rd, Reno, NV 89523

Property Information

  • For Sale Contact for pricing
  • Property Type Other
  • Lot Size 305.83 SF
  • Date Updated Jun 28, 2026

Description

Villages 1 & 2 at Meridian 120 South offer a rare residential development opportunity blending rural tranquility with modern convenience. Nestled in the Sierra Nevada foothills and bordered by custom home lots and protected U.S. Forest Service land, the community offers privacy, natural beauty, and lasting value. With premier builders already active in the area, its proximity to Lake Tahoe, California, and Reno makes it especially appealing to buyers seeking Nevada’s tax advantages, lower cost of living, and high quality of life. Featuring breathtaking mountain views, a strong community setting, and year-round outdoor recreation, this development stands out as one of the region’s most desirable places to live.

Villages 3 and 4 at Meridian 120 South offer a compelling residential opportunity in the foothills of the Sierra Nevada Mountains, combining natural beauty with strong market fundamentals. Village 3 is planned for 180 homes with flexible attached and detached product types, while Village 4, currently in the entitlement process, will add 105 more. Positioned near the California border, the community appeals to Bay Area and Lake Tahoe buyers seeking more space, lower taxes, and Nevada’s high quality of life. With rising rental rates, attractive mortgage options, and Reno’s limited housing inventory, these developments stand out as prime options for both homeowners and investors.

Villages 5 & 6 at Meridian 120 South present a rare chance to build semi-custom homes on spacious lots with some of Reno’s most breathtaking views, from sweeping mountain landscapes to serene valleys. Nestled in a peaceful country setting at the base of the Sierra Nevada, the community blends rural tranquility with the sophistication of modern, high-end living. Located in Verdi, a fast-growing luxury submarket attracting top builders like Toll Brothers and DR Horton, the area appeals to buyers from Reno and Northern California seeking Nevada’s tax advantages, lower cost of living, and year-round outdoor recreation. Offering privacy, natural beauty, and enduring value, Villages 5 & 6 stand out as one of the region’s most desirable residential opportunities.

Commercial Pad: Unique and highly sought after commercial site with direct I80 frontage. Highly visible from the freeway, the site offers easy access from the east bound freeway.

Contacts

Location

Located at Old Town Rd, Reno, NV 89523, this property is part of the Verdi neighborhood and Reno market.

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