$1,380,000 Active
120 Columbia Hill Court
Reno, NV 89508
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
3 Beds
·
2.0 Baths
·
2,400 Sq Ft

About This Property

Set on 55 acres in sought after Columbia Hills in Red Rock Estates, this custom-built 2023 home was designed for wide open living with 360-degree views stretching from Peavine and the Peterson Range to Mount Rose, Slide Mountain, and Virginia City. Located just six miles down the paved Red Rock Road from Highway 395 and three miles from BLM land and miles of trails, the property offers an incredible setting for horseback riding, exploring, and enjoying the privacy and beauty of Northern Nevada's high desert. Inside, the 2,400 square foot home features an open floor plan with a spacious great room, expansive double pane UV windows, a county approved wood stove, and a gourmet Forno oven that anchors the kitchen. Built with durability and efficiency in mind, the home includes 2x6 construction, spray foam insulation, concrete siding, a tankless water heater, reverse osmosis system, water softener, owned solar system, and a hardwired Generac backup generator. The equestrian setup includes a large paddock, three stalls, turnout sheds, round pen, arena pad ready for fencing, gazebo viewing area, and barn and shop pads already in place for future expansion. Seasonal creeks, roads throughout the property, wildlife, and spring wildflowers add to the experience of the land. Old camps and artifacts from times long forgotten have been discovered throughout the property, with much of the acreage still unexplored. Practical features including a strong producing well, two 40 foot storage containers, two car carport, cast iron dog yard, large parking area, and no HOA complete the property.

Listed by Kaila Bailey — RE/MAX Professionals-Reno

Listing Details

Status Active
MLS # 260005724
Days on Market 11
Price/Sq Ft $575

Property History

May 08, 2026
Listed for sale
$1,380,000
Property Overview
Beds 3
Baths 2.0
Sq. Ft. 2,400
Lot Size 55.40 acres
Stories 1
Year Built 2023
Property Type Single Family Residence
Subdivision Red Rock Est
APN 079-342-09
Parking
Garage Spaces 3
Total Parking 5
Parking Features Attached, Carport, Detached, Garage, Garage Door Opener
Attached Garage Yes
Exterior & Lot
Exterior Features Dog Run, Rain Gutters
Lot Features Rolling Slope
View City, Desert, Mountain(s), Valley
Construction HardiPlank Type
Roof Composition, Pitched
Foundation Slab
Utilities & Systems
Heating Wood Stove, ENERGY STAR Qualified Equipment, Forced Air, Propane
Financial
Annual Tax $5,461
Schools
Elementary School Desert Heights
Middle School Cold Springs
High School North Valleys
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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% ($276,000)
Home price
$1,380,000
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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