$1,275,000 Active
340 N Sutro Terrace
Carson City, NV 89706
STR Status Unknown
4 Beds
·
2.5 Baths
·
3,922 Sq Ft

About This Property

Stunning Remodeled Ranch with Breathtaking Views on Over an Acre in Prestigious North Sutro Nestled on a private, gated, elevated lot exceeding one acre in the highly sought-after Sutro Terrace neighborhood, this lovingly remodeled rustic mid-century modern ranch offers the best views in the Carson Valley. Perched high with sweeping, unobstructed panoramas of the Capital City and the entire valley beyond, this home was thoughtfully designed and built for entertaining. The main level boasts approximately 2,739 square feet of sun-filled living space featuring four spacious bedrooms and two bathrooms. Highlights include an open, flowing floor plan perfect for gatherings, a warm and inviting rustic aesthetic blended with clean mid-century modern lines, and multiple living areas that seamlessly connect to the outdoors. Recent upgrades include a new electrical panel in 2024, a new water heater installed in September 2025, a brand-new carport completed last year, and a new roof installed in March of this year. The AC system (2019), kitchen, interior paint, and hardwood flooring were all refreshed as part of a comprehensive update, ensuring comfort and modern appeal throughout. Entertain in style with a standout indoor barbecue and a one-of-a-kind vintage tiki bar — perfect for hosting unforgettable parties and creating lasting memories with family and friends. Step outside to the expansive redwood deck overlooking a lush, manicured lawn — the ideal setting for morning coffee, evening cocktails, or simply soaking in the spectacular city and Sierra views that stretch for miles. All irrigation is controlled by a smart system, the gates are equipped with a Liftmaster smart system, and a smart lock entry provides convenient, secure access. High-speed Spectrum gigabit WiFi is already in place. The walk-out lower level (not included in taxable living space) adds nearly 1,200 additional square feet, bringing the total usable living space to nearly 4,000 square feet. This versatile area features a high-end theater room and is fully equipped to serve as a private ADU, guest quarters, or in-law suite, complete with its own kitchen and bathroom. Outdoor enthusiasts will love the equestrian facilities: a three-stall horse barn with a dedicated tack room, a corral, and direct back-gate access to BLM land and hundreds of miles of scenic riding and hiking trails right from your property. A covered 19-foot swim spa ensures both exercise and relaxation for the entire family. Additional features include two full kitchens, abundant natural light, and a prime location in one of Carson Valley's most prestigious areas. Close to many golf courses, the Medical Center, and the airport, this rare combination of timeless style, generous living space, spectacular views, indoor barbecue, vintage tiki bar, and equestrian amenities makes this home truly one-of-a-kind. Don't miss your opportunity to own a piece of Carson Valley's finest living.

Listed by Jason Lococo — Dickson Realty - Gardnerville

Listing Details

Status Active
MLS # 260003878
Days on Market 34
Price/Sq Ft $325

Property History

Apr 03, 2026
Listed for sale
$1,275,000
Property Overview
Beds 4
Baths 2.5
Sq. Ft. 3,922
Lot Size 1.00 acres
Stories 2
Year Built 1972
Property Type Single Family Residence
Subdivision Comstock Hills
APN 008-031-05
Parking
Garage Spaces 3
Total Parking 8
Parking Features Additional Parking, Attached, Carport, Garage, Garage Door Opener, RV Access/Parking
Attached Garage Yes
Exterior & Lot
Exterior Features Outdoor Kitchen, Rain Gutters
Lot Features Adjoins BLM/BIA Land, Landscaped, Sloped Up, Sprinklers In Front, Sprinklers In Rear
View City, Mountain(s), Valley
Construction Brick
Roof Composition, Pitched, Shingle
Foundation Crawl Space, Slab
Pool & Spa
Pool Pool/Spa Combo
Utilities & Systems
Heating Forced Air, Natural Gas
Cooling Central Air, ENERGY STAR Qualified Equipment
Financial
Annual Tax $4,660
Schools
Elementary School Fremont
Middle School Carson
High School Carson
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STR Investment Analysis

See projected rental revenue, occupancy rates, and investment scores.

STR Investment Analysis

Permitted Zone
STRUCTURAL SCORE Excellent
87
PROJECTED ANNUAL REVENUE
$142,500 ($118K – $167K range)
~$11,875 per month
Avg Nightly
$485
Occupancy
68%
Cap Rate
5.2%

Cost Segregation Tax Savings

Estimated first-year bonus depreciation savings

Estimated First-Year Tax Savings
$0
via bonus depreciation
Land Value
$0
Improvement Basis
$0
5-Year Property (18%)
$0
15-Year Property (10%)
$0
Estimates are for informational purposes only and do not constitute tax advice. Consult a qualified CPA or tax professional for your specific situation. Actual savings depend on individual tax circumstances.

Payment calculator

$0 per month
Principal & interest
$0
Property taxes
$0
HOA dues
$0
Home insurance
$0
Estimate only — wildfire zone rates vary. Contact a local broker for an accurate quote.
Down payment
20% ($255,000)
Home price
$1,275,000
Loan details
30-yr fixed, 6.5%
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Murat Gocmen
Murat Gocmen
Managing Broker
CA DRE# 02235314 NV B.1003327.LLC

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