$1,050,000 Active
1511 Elk Run Trail
Reno, NV 89523
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
3 Beds
·
3.5 Baths
·
2,569 Sq Ft

About This Property

Experience elevated living in this beautifully upgraded 2020 Ryder home located in the sought after Somersett community. Thoughtfully designed with nearly $250,000 in upgrades, this single level residence offers a bright open great room floor plan, soaring ceilings, and seamless indoor outdoor living. The chef's kitchen is the centerpiece of the home with stunning quartzite countertops, premium finishes, and generous entertaining space. All bedrooms are en suite, including a private detached casita with custom built-ins, kitchenette, and its own courtyard access, perfect for guests or extended stays. The luxurious primary suite features custom built-in cabinetry, quartzite accents, a spa inspired bath with soaking tub, oversized shower, and a spacious walk-in closet. Outside, enjoy a private weather protected backyard complete with paver patios, artificial turf, landscape lighting, and multiple courtyard spaces designed for easy maintenance and year round enjoyment. Residents of Somersett enjoy access to championship golf, resort style pools, fitness center, tennis and pickleball courts, dining, walking trails, and breathtaking mountain surroundings, making this home the perfect blend of luxury, comfort, and Northern Nevada lifestyle. Some photos have been virtually staged to illustrate potential furniture placement and design possibilities.

Listed by Tara Silsby — Dickson Realty - Damonte Ranch

Listing Details

Status Active
MLS # 260006425
Price/Sq Ft $409

Property History

May 21, 2026
Listed for sale
$1,050,000
Property Overview
Beds 3
Baths 3.5
Sq. Ft. 2,569
Lot Size 0.31 acres
Stories 1
Year Built 2020
Property Type Single Family Residence
Subdivision Sbe 64 @ Somersett
APN 234-611-38
Parking
Garage Spaces 3
Total Parking 3
Parking Features Attached, Garage, Garage Door Opener
Attached Garage Yes
Exterior & Lot
Exterior Features Rain Gutters
Lot Features Artificial Turf, Corner Lot, Gentle Sloping, Landscaped, Level, Sloped Up, Sprinklers In Front, Sprinklers In Rear
View Mountain(s)
Construction Frame, Stucco
Roof Pitched, Tile
Foundation Crawl Space
Utilities & Systems
Heating ENERGY STAR Qualified Equipment, Forced Air, Natural Gas
Cooling Central Air, ENERGY STAR Qualified Equipment
Financial
Annual Tax $9,441
HOA Fee $265 / Monthly
HOA / Community Somersett Owners Association
Schools
Elementary School Westergard
Middle School Billinghurst
High School McQueen
HOA & Community
Community Amenities Clubhouse, Fitness Center, Gated, Golf Course, Landscaping, Pool, Recreation Room, Sauna, Tennis Court(s)
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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% ($210,000)
Home price
$1,050,000
Loan details
30-yr fixed, 6.5%
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