$6,250,000 Active
150 Juniper Hill Road
Reno, NV 89519
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
7 Beds
·
4.5 Baths
·
4,300 Sq Ft
Virtual Tour

About This Property

Historic Juniper Hill Estate presents a once-in-a-generation opportunity to acquire approximately 6.76 acres across four contiguous parcels within Reno city limits. Held by the Meredith family for more than seventy years and stewarded across four generations, this remarkable legacy property offers a rare combination of land, water, privacy, and flexibility in one of Reno's most established and desirable neighborhoods. The estate includes a 2,725-square-foot primary residence, a 1,611-square-foot secondary residence, a historic timber barn, expansive irrigated pasture, mature trees, and approximately 14 acre-feet of irrigation water rights. Together, these improvements create immediate functionality for a private family compound, equestrian property, guest accommodations, caretaker housing, or future estate planning. Surrounded by open space and mountain views, the property offers a distinctly rural atmosphere while remaining just minutes from Downtown Reno and convenient access to Lake Tahoe recreation and Reno-Tahoe International Airport. Large acreage properties with water rights inside Reno city limits are exceptionally rare. Whether preserved as a private legacy estate, enjoyed as an in-town ranch property, or thoughtfully reimagined for future generations, Historic Juniper Hill represents one of Northern Nevada's most unique ownership opportunities.

Listed by JB Benna — Sierra Sotheby's International

Listing Details

Status Active
MLS # 260008525
Price/Sq Ft $1,453

Property History

Jul 03, 2026
Listed for sale
$6,250,000
Property Overview
Beds 7
Baths 4.5
Sq. Ft. 4,300
Lot Size 6.76 acres
Stories 1
Year Built 2002
Property Type Single Family Residence
Subdivision Juniper Hills
STR Jurisdiction Washoe County
APN 009-131-39
Parking
Garage Spaces 5
Total Parking 20
Parking Features Additional Parking, Attached, Garage, Garage Door Opener, Parking Pad, RV Access/Parking
Attached Garage Yes
Exterior & Lot
Exterior Features Balcony, Rain Gutters
Lot Features Gentle Sloping, Landscaped, Level, Meadow, Pasture, Sprinklers In Front, Sprinklers In Rear
View City, Meadow, Mountain(s), Valley
Construction Concrete, Stucco
Roof Shingle
Foundation Concrete Perimeter, Crawl Space, Pillar/Post/Pier, Slab
Utilities & Systems
Heating Forced Air, Natural Gas
Cooling Central Air
Water Source Last Chance Ditch
Financial
Annual Tax $3,941
Schools
Elementary School Gomm
Middle School Swope
High School Reno
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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% ($1,250,000)
Home price
$6,250,000
Loan details
30-yr fixed, 6.5%
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Kristina Mattson
Kristina Mattson
Broker - Owner
CA 01950662 BS.0146479.MGR

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