$1,285,000 Active Under Contract
1598 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
·
4.0 Baths
·
3,215 Sq Ft
Virtual Tour

About This Property

Welcome to 1598 River Hill, a luxury home in the sought-after Brae Retreat neighborhood of Somersett, Reno. This immaculate 3-bedroom, 3 full and 2 half bathroom home redefines modern elegance with its soaring vaulted ceilings and a stunning open-concept design perfect for sophisticated living and entertaining. The gourmet kitchen boasts a premium ZLine suite of appliances, ideal for culinary enthusiasts. Each spacious guest suite features a private bathroom, while the primary suite impresses with dual closets and a lavish walk-in shower. Step outside to your private backyard featuring artificial turf, hot tub power hookups, a large covered patio and no neighbors on one side—perfect for serene evenings or lively gatherings. Upstairs, the versatile bonus room with a closet and half bath offers endless possibilities, all framed by breathtaking mountain views. Enjoy the vibrant Somersett lifestyle with amenities just down the street, including a state-of-the-art clubhouse, pools, restaurants/bar, and a picturesque 9-hole walking Par 3 golf course. A generous three-car garage completes this exceptional offering. Don't wait to build—move right into this turnkey luxury home and begin experiencing the best of Somersett living today!

Listed by Samantha Reveley — Dickson Realty - Downtown

Listing Details

Status Active Under Contract
MLS # 260003534
Days on Market 42
Price/Sq Ft $400

Property History

Mar 27, 2026
Listed for sale
$1,285,000
Current
Pending
$1,285,000
Property Overview
Beds 3
Baths 4.0
Sq. Ft. 3,215
Lot Size 0.19 acres
Stories 2
Year Built 2022
Property Type Single Family Residence
Subdivision Somersett - Village 1A-1
APN 232-762-04
Parking
Garage Spaces 3
Total Parking 3
Parking Features Attached, Garage, Garage Door Opener
Attached Garage Yes
Exterior & Lot
Exterior Features None
Lot Features Artificial Turf, 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 $12,197
HOA Fee $265 / Monthly
HOA / Community Somersett
Schools
Elementary School Westergard
Middle School Billinghurst
High School McQueen
HOA & Community
Community Amenities Barbecue, Clubhouse, Fitness Center, Gated, Golf Course, Management, Pool, Recreation Room, Spa/Hot Tub
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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% ($257,000)
Home price
$1,285,000
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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