$1,525,000 Active
1592 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.
5 Beds
·
4.5 Baths
·
3,737 Sq Ft

About This Property

Elevate your lifestyle in this stunning two-story residence, nestled within the prestigious gates of the Brae Retreat in Somersett. Defined by light-filled, open-concept living, this home showcases exceptional design where the expansive great room-anchored by a spectacular fireplace wall with custom built-ins-flows seamlessly into the gourmet chef's kitchen, creating an absolute entertainer's dream. The kitchen is fully equipped with a premium appliance suite, including double oven range, a pot filler, a custom coffee bar, and a large walk-in pantry. Seamless indoor-outdoor transitions are effortless thanks to large stacking doors that merge the interior with a professionally landscaped backyard oasis, complete with a custom fire pit and a soothing water feature. For ultimate convenience, the main-level primary ensuite serves as a serene sanctuary, featuring generous vanity space, an extra-large shower, expansive closets, and a private door providing direct patio access. Upstairs, a versatile bonus room offers captivating views, perfect a secondary primary ensuite, guest room, media lounge, home office, or fitness studio.The home is completed by a meticulously finished garage, featuring sleek epoxy flooring, custom cabinetry, quite-operation door openers, and dedicated EV charging, and a central vacuum system. Beyond the home, enjoy the renowned Somersett lifestyle, where HOA amenities include a state-of-the-art fitness center, swimming pools, tennis and pickleball courts, scenic hiking trails, and a par 3 golf course, with additional access to the membership at the award-winning championship golf course. This residence offers the perfect blend of high-end utility and sophisticated comfort in one of the region's most sought-after communities. Additional Features: Large stacking slider door to the outdoor retreat Kitchen upper cabinets to the ceiling. Expansive island with plenty of seating Designer pendent lights Power shades in Dining area Spectacular fireplace wall with heat kit Custom built cabinets in the great room Architectural ceiling fans Bonus room with balcony Professionally designed outdoor oasis Custom-built gas fire pit with remote control Soothing water feature Built in outdoor speakers Central vacuum system Tankless hot water heater Built in security system Slider door in primary bedroom to access outdoor space Custom closets in the primary suite Slider door in the office to the front patio Full cabinets and counter space in garage EV hookup Epoxy garage flooring Quiet garage door opener with extra features Access gates at each side yard *Chandelier in dining room is an art piece and is not included*

Listed by Terence Friedman — Sierra Nevada Properties-Reno

Listing Details

Status Active
MLS # 260010543
Price/Sq Ft $408

Property History

Aug 14, 2026
Listed for sale
$1,525,000
Property Overview
Beds 5
Baths 4.5
Sq. Ft. 3,737
Lot Size 0.25 acres
Stories 2
Year Built 2022
Property Type Single Family Residence
STR Jurisdiction Washoe County
APN 232-762-03
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 Fire Pit, Rain Gutters
Lot Features Artificial Turf, Common Area, Landscaped, Level, Sprinklers In Front
View Desert, Mountain(s)
Construction Insulation - Batts, Insulation - Blown-In, Stone Veneer, Stucco
Roof Tile
Foundation Slab
Utilities & Systems
Heating Forced Air, Natural Gas
Cooling Central Air, Electric
Financial
Annual Tax $13,480
HOA Fee $265 / Monthly
HOA / Community Somersett HOA
Schools
Elementary School Westergard
Middle School Billinghurst
High School McQueen
HOA & Community
Community Amenities Clubhouse, Fitness Center, Gated, Golf Course, Landscaping, Life Guard, Management, Pool, Racquetball, Recreation Room, Sauna, Spa/Hot Tub, 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% ($305,000)
Home price
$1,525,000
Loan details
30-yr fixed, 6.5%
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