$824,900 Active Under Contract
1405 Meridian Ranch Drive
Reno, NV 89523
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
3 Beds
·
2.0 Baths
·
2,478 Sq Ft

About This Property

Welcome to Sierra Canyon! Stunning views and the Somersett lifestyle awaits. This home defines modern Reno living with confidence, style, and ease. Featuring three bedrooms, an office/den, two full bathrooms and dramatic mountain views, this home is spectacular! From the moment you arrive, the curb appeal commands attention, and a welcoming entry sets the tone for what's inside. Step through the front door and experience a flowing, open-concept design filled with natural light and a sense of space that feels both grand and comfortable. The chef's kitchen is the heart of the home, featuring seamless connection to the living and dining areas. The living room captures incredible natural light and features a cozy fireplace. The primary suite is a true retreat and features an en-suite nook and stunning mountain views. The backyard of this home opens up to spectacular views and provides easy access to walking trails and local amenities. Sierra Canyon is known for its incredible lifestyle, vibrant community, club house and extensive walking trails. This is very rare offering!

Listed by Alexander Landeck — RE/MAX Professionals-Reno

Listing Details

Status Active Under Contract
MLS # 250056794
Days on Market 211
Price/Sq Ft $333

Property History

Oct 08, 2025
Listed for sale
$824,900
Current
Pending
$824,900
Property Overview
Beds 3
Baths 2.0
Sq. Ft. 2,478
Lot Size 0.23 acres
Stories 1
Year Built 2006
Property Type Single Family Residence
Subdivision Sierra Canyon At Somersett Village 5
APN 234-021-34
Parking
Garage Spaces 2
Total Parking 2
Parking Features Attached, Garage
Attached Garage Yes
Exterior & Lot
Exterior Features Rain Gutters
Lot Features Common Area, Corner Lot, Level, Sprinklers In Front, Sprinklers In Rear
View Mountain(s)
Construction Stucco
Roof Pitched, Tile
Foundation Slab
Utilities & Systems
Heating Fireplace(s), Forced Air, Natural Gas
Cooling Central Air
Financial
Annual Tax $5,956
HOA Fee $148 / Monthly
HOA / Community Sierra Canyon
Schools
Elementary School Westergard
Middle School Billinghurst
High School McQueen
HOA & Community
Community Amenities Clubhouse, Fitness Center, Golf Course, Pool, Spa/Hot Tub, Tennis Court(s)
📊

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% ($164,980)
Home price
$824,900
Loan details
30-yr fixed, 6.5%
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Murat Gocmen
Murat Gocmen
Managing Broker
CA DRE# 02235314 NV B.1003327.LLC
(530) 317-0373

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