$1,895,000 Active
131 Mark Twain Avenue
Reno, NV 89509

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STR Status Unknown
4 Beds
·
4.5 Baths
·
3,798 Sq Ft
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About This Property

Timeless Character in Reno's Historic Newlands Manor Welcome to a distinctive residence in Reno's highly coveted Newlands Manor Historic District, where timeless architecture, period-inspired details, and modern comforts come together beautifully. From the moment you arrive, the home makes an impression. A large, fully fenced front lawn creates a gracious sense of arrival, while the charming gazebo offers an inviting place for morning coffee, an afternoon book, or cocktails with friends as the sun goes down. Inside, the home is rich with architectural character and thoughtful details that honor its era. White Oak hardwood floors extend through much of the residence, complemented by Pine flooring in the newer addition. Crown molding throughout the home, period-appropriate built-ins, distinctive millwork, and carefully selected lighting fixtures add another layer of elegance and craftsmanship. The details truly do not disappoint, with each space offering something special to discover. Beautifully styled 1940s-inspired bathrooms further enhance the home's timeless appeal. The kitchen combines classic elegance with high-end functionality, featuring quartz countertops, a Sub-Zero refrigerator, Viking microwave and dishwasher, and Miele oven—an impressive collection of appliances for both everyday living and entertaining. Modern comfort is seamlessly integrated with two central air-conditioning units and updated heating, while original radiant-heating elements have thoughtfully been left in place as a nod to the home's history. The floor plan offers wonderful separation and privacy. The primary suite occupies its own private upstairs retreat, creating a peaceful escape from the rest of the home. Its spacious walk-in closet includes a convenient stackable washer and dryer, which remain with the property. Additional bedrooms and a full bath are located in another wing of the home, providing flexibility. Downstairs, the approximately 972 square-foot fully finished basement dramatically expands the home's versatility. This level includes a fifth bedroom or private office, a full bath, a second dedicated laundry room, and a generously sized game and recreation room with space for billiards, pinball, media area, home gym—or whatever suits your lifestyle. Outdoor living is equally appealing. In addition to the expansive front lawn and gazebo, a private back courtyard provides a wonderful setting for entertaining, dining al fresco, or creating an abundant garden filled with vegetables, herbs, and flowers. Additional features include a whole-home water purification and softening system, two separate laundry areas, and an attached two-car garage with remote openers. Set within one of Reno's most treasured historic neighborhoods, this property is more than a home—it is an opportunity to own a piece of Reno character while enjoying the conveniences expected of modern luxury living.

Listed by Virginia Marphis — Fathom Realty

Listing Details

Status Active
MLS # 260013156
Days on Market 3
Price/Sq Ft $499

Property History

Oct 15, 2026
Listed for sale
$1,895,000
Property Overview
Beds 4
Baths 4.5
Sq. Ft. 3,798
Lot Size 0.17 acres
Stories 2
Year Built 1940
Property Type Single Family Residence
Subdivision Newlands Manor
APN 011-282-05
Parking
Garage Spaces 2
Total Parking 2
Parking Features Alley Access, Attached, Garage, Garage Door Opener
Attached Garage Yes
Exterior & Lot
Lot Features Landscaped, Sloped Up, Sprinklers In Front, Sprinklers In Rear
Construction Brick Veneer
Roof Composition, Pitched, Shingle
Foundation Concrete Perimeter, Full Perimeter
Utilities & Systems
Heating Electric, Fireplace(s), Forced Air
Cooling Central Air
Financial
Annual Tax $2,796
Schools
Elementary School Beck
Middle School Swope
High School Reno
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STR Investment Analysis

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STR Investment Analysis

STR analysis
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Home Insurance Estimate

Standard homeowners policy for this home

$5,400 – $8,000/yr
about $558/mo
Est. Rebuild Cost (Coverage A)
$1,595,160

Estimate from an estimated rebuild cost at standard-market rates. Not a bindable quote; get a local broker quote for accuracy.

See it in the monthly payment

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

$10,373 per month
Principal & interest
$9,582/mo
Property taxes
$233/mo
The seller's current bill, from the MLS: a Nevada bill doesn't reset when a home sells.
HOA dues
$0/mo
From MLS listing data.
Home insurance
$558/mo
Estimated ~$5,400–$8,000/yr — get a local broker quote for accuracy.
Down payment
20% ($379,000)
Home price
$1,895,000
Loan details
30-yr fixed, 6.5%
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