$1,838,000 Active
1005 Joy Lake Road
Reno, NV 89511
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
4 Beds
·
2.5 Baths
·
3,520 Sq Ft
Virtual Tour

About This Property

Galena Forest - Contemporary Mountain Luxury - 3520 sqft - 4 Bedrooms - 2.5 Baths - .51 acres Surrounded by endless pines and backing directly to National Forest land, this exceptional contemporary mountain retreat blends refined luxury with the serenity of nature. Designed for seamless indoor-outdoor living, the home features soaring cathedral ceilings, dramatic floor-to-ceiling windows, and two 10-foot, four-panel stackable sliding doors that open to an expansive wraparound entertaining deck complete with a hot tub, fire pit, seating areas, and cabana-style lounging spaces. The gourmet chef's kitchen is appointed with premium Viking and Fisher & Paykel appliances and centered around an oversized island ideal for gathering, entertaining, and culinary preparation. Thoughtfully designed living spaces include flexible bonus rooms perfect for a home office, media room or fourth bedroom. Warm contemporary finishes are showcased throughout, complemented by two fireplaces—one pellet and one gas-log—heated floors in both full bathrooms, a newer tankless water heater, updated furnace, backup generator, and freshly finished epoxy garage floors. Every detail has been carefully maintained, making this residence truly move-in ready. Step directly from your property onto the scenic Galena Creek Trail system and enjoy immediate access to miles of hiking and outdoor recreation. While immersed in the beauty of the Sierra Nevada, you'll remain just minutes from shopping, dining, healthcare services, golf courses, ski resorts, and the Reno-Tahoe region's abundant recreational opportunities. Convenient access to Reno-Tahoe International Airport, Lake Tahoe, boating, fishing, and year-round outdoor adventure offers the perfect balance of mountain tranquility and modern convenience. A rare opportunity to experience luxury mountain living without compromise. Move in and begin enjoying the lifestyle today.

Listed by Dena Van Blaricom — Sierra Sotheby's International

Listing Details

Status Active
MLS # 260007155
Price/Sq Ft $522

Property History

Jun 05, 2026
Listed for sale
$1,838,000
Property Overview
Beds 4
Baths 2.5
Sq. Ft. 3,520
Lot Size 0.51 acres
Stories 2
Year Built 1985
Property Type Single Family Residence
Subdivision Galena Forest Estates 1
STR Jurisdiction Washoe County
APN 047-051-08
Parking
Garage Spaces 2
Total Parking 2
Parking Features Attached, Garage, Garage Door Opener
Attached Garage Yes
Exterior & Lot
Exterior Features Balcony
Lot Features Adjoins BLM/BIA Land, Level, Wooded
View Trees/Woods
Construction Stone
Roof Pitched, Tile
Foundation Crawl Space
Utilities & Systems
Heating Forced Air, Pellet Stove, Propane, Radiant Floor
Cooling Central Air
Financial
Annual Tax $6,484
HOA Fee $27 / Monthly
HOA / Community Gaston Wilkerson
Schools
Elementary School Hunsberger
Middle School Marce Herz
High School Galena
HOA & Community
Community Amenities Management
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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
From MLS listing data.
Home insurance
$0
Insurance estimate only — Tahoe wildfire-zone rates vary; get a local broker quote for accuracy.
Down payment
20% ($367,600)
Home price
$1,838,000
Loan details
30-yr fixed, 6.5%
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Kristina Mattson
Kristina Mattson
Broker - Owner
CA 01950662

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