$3,600,000 Active
1555 S Marsh Avenue
Reno, NV 89509
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
4 Beds
·
4.0 Baths
·
4,460 Sq Ft
Virtual Tour

About This Property

Now combined with 1550 Mount Rose, there are 3 homes that comprise this amazing estate. You would never know this private oasis is right in the middle of historic old southwest Reno. Offered for only the third time in a century, this jewel box estate sits on a 1.24 acre lot inspired by the cottages of England's Cotswolds. The current owners spent 35 years meticulously crafting this into a one-of-a-kind property. The 2808 square foot main home, 840 square foot guesthouse, and 812 square foot additional guesthouse is enveloped in privacy by all the surrounding trees. Set back 50 feet from the street, the main home is practically invisible, enabling you to enjoy total privacy to roam the enchanted gardens. The main home has a granite stone and brick exterior, brick pillars with twisting Grapevine patterns, European iron sconces, and a welcoming arched front door. Features include handcrafted brushed cedar windows and doors, a cozy stone fireplace, Rocky Mountain bronze hardware, 300 year old salvaged French white oak floors and beams, hexagon antique terracotta tiles from France, and so much more. The kitchen offers separate zones for cooking and baking. The chef will enjoy the six burner Viking stove, French limestone counters, Heritage mahogany cabinets and Herbeau Fireclay farmhouse sink from France. The baker will delight in the custom marble countertop, Sub Zero drawers, and double Viking ovens. The dining room features a custom built William Ohs cabinet. Dine by the light of the Mimi London antique chandelier and exquisite Austrian sconces or dine outside on the patio at a table for 10 surrounded by extensive gardens. The primary bedroom is very spacious, featuring two cedar lined reach-in closets as well as two walk-in closets. The original flooring is intact and there are all new Pella double-hung windows and a large sliding door to the outside patio. Just outside you will find a hot tub and a separate 350 square foot workout studio with Peloton treadmill, high ceilings with skylights, and heated floors. The guest bedroom has welcoming salvaged terracotta tile flooring from France, lighting from Restoration Hardware and a new 8 foot sliding door to its own patio. The adjacent office could also be a third bedroom. It features English white wool carpet, Farrow & Ball wallpaper, two skylights and a new sliding door to a patio. The guest house has one bedroom, one bathroom, and a great room with nicely equipped kitchen. It has been updated with gas appliances, new water heater and furnace, two year old windows and newer roof. Use this fabulous home for older children, in-laws, guests or a caretaker, or as a short or long term rental. The grounds are truly exceptional, with gorgeous patios, meandering walkways, a Japanese moon gate, an extensive variety of old growth trees, boxwoods and flowers, in-ground gardens, multiple storage sheds, and 160 square foot greenhouse with plumbing and heating. All systems and electrical have been updated. Easily access the additional guest home at the back of the property from Mount Rose St. through an electric gate that welcomes you down the 145 foot driveway. An oversized carport provides ample space for vehicles, an RV, boat, toys or a workshop setup - an uncommon find in this area. This home was built in 1951 but remodeled in 2009. The thoughtfully designed interior features granite tile countertops, LG stainless steel appliances, wood windows, a tankless water heater, a spacious bedroom, walk-in closet and a spa like bathroom with stone walk-in shower. Enjoy summertime lounging by the sparkling 20X40 ft pool and rinse off in the super cool custom outdoor shower. The back patio is hot tub ready and there is an adorable shed for storage. The owners have plans for an enclosed garage adjacent to the main home that can be passed on to the buyer. Don't miss the opportunity to make this exceptional home yours.

Listed by Kathy Williams — Sierra Sotheby's International

Listing Details

Status Active
MLS # 250006004
Days on Market 365
Price/Sq Ft $807

Property History

Nov 06, 2025
Listed for sale
$3,600,000
Property Overview
Beds 4
Baths 4.0
Sq. Ft. 4,460
Lot Size 1.24 acres
Stories 1
Year Built 1930
Property Type Single Family Residence
Subdivision Fairfield Heights
APN 010-331-09
Parking
Total Parking 12
Parking Features Carport, Parking Pad, RV Access/Parking
Exterior & Lot
Exterior Features Rain Gutters
Lot Features Flag Lot, Landscaped, Level, Sprinklers In Front, Sprinklers In Rear, Wooded
View Trees/Woods
Construction Brick, Stone
Roof Composition, Pitched, Shingle
Foundation Crawl Space
Pool & Spa
Pool In Ground, Outdoor Pool
Utilities & Systems
Heating Fireplace(s), Forced Air, Natural Gas
Cooling Central Air
Financial
Annual Tax $4,619
Schools
Elementary School Beck
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
Home insurance
$0
Estimate only — wildfire zone rates vary. Contact a local broker for an accurate quote.
Down payment
20% ($720,000)
Home price
$3,600,000
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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