$1,178,920 $1,280,000 ↓ $101,080 reduced Active
1562 River Hill Way
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
·
2,805 Sq Ft

About This Property

This beautifully appointed, better than new 3 bedroom, 3.5 bath , 2,805 sq. ft home in the gated & coveted Somersett community. It showcases soaring ceilings, an open and airy floor plan with elegant custom finishes throughout. The spacious kitchen serves as the heart of the home, featuring waterfall edge quartz countertops for abundant workspace, walnut shelving, a walk in pantry, custom handcrafted backsplash, wall to ceiling cabinetry, and seamless flow into the captivating great room. Expansive windows fill the home with natural light, creating an inviting atmosphere where gatherings await. The custom precision set limestone fireplace with gorgeous walnut mantle will be sure to warm your heart and add that extra relaxation vibe. Oversized accordion sliders create a stunning indoor -outdoor experience perfect for entertaining and lead you to a low- maintenance fully landscaped backyard escape. Privacy and tranquility is key, this home delivers! You'll be surrounded by nature inspired features including a cherry tree, whimsical wisteria covered arbor, and the sweet smell of honeysuckle and lilac. This home boasts three spacious ensuite rooms including the oversized luxurious primary suite. It's filled with natural light and features two generous walk -in closets, lavish walk-in shower feature, dual vanities, tile flooring, and elegant finishes designed for comfort and sophistication. Soft close cabinetry throughout the home, and a generous laundry room with sink is the cherry on top. The oversized fully insulated 3 car garage awaits your heightened vehicles, recreational toys, and your own private electric charging station. Residents enjoy access to exceptional community amenities within this prestigious gated golf neighborhood. This home exemplifies modern and functionality combined. The abundant views, and trails throughout will have you convinced that convenience and luxury can be in one place!

Listed by Sashah Branscombe — RE/MAX Gold

Listing Details

Status Active
MLS # 260005806
Days on Market 50
Price/Sq Ft $420

Property History

May 09, 2026
Listed for sale
$1,178,920
Property Overview
Beds 3
Baths 3.5
Sq. Ft. 2,805
Lot Size 0.21 acres
Stories 1
Year Built 2023
Property Type Single Family Residence
Subdivision Somersett - Village 1A-2
STR Jurisdiction Washoe County
APN 232-772-06
Parking
Garage Spaces 3
Total Parking 3
Parking Features Attached, Electric Vehicle Charging Station(s), Garage, Garage Door Opener
Attached Garage Yes
Exterior & Lot
Exterior Features Dog Run
Lot Features Landscaped, Level, Sprinklers In Front, Sprinklers In Rear
View Mountain(s)
Construction Insulation - Batts, Frame, Stucco
Roof Pitched, Tile
Foundation Slab
Utilities & Systems
Heating Forced Air, Natural Gas
Cooling Central Air
Financial
Annual Tax $12,002
HOA Fee $258 / Monthly
HOA / Community Somersett First Services Residential
Schools
Elementary School Westergard
Middle School Billinghurst
High School McQueen
HOA & Community
Community Amenities Fitness Center, Gated, Golf Course, Pool, Recreation Room, Sauna, Ski Accessible, 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
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% ($235,784)
Home price
$1,178,920
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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