$979,999 Active
1635 Crescent Pointe 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
·
2.5 Baths
·
2,903 Sq Ft
Virtual Tour

About This Property

Located in the highly desirable Somersett community, 1635 Crescent Pointe Way offers refined Northwest Reno living with generous space, thoughtful design, and access to one of the area's premier master-planned neighborhoods. This well-appointed residence features approximately 2,903 square feet, an open and functional floor plan, spacious living areas, and comfortable separation between bedrooms and entertaining spaces. The home's inviting layout is ideal for both everyday living and hosting, with abundant natural light, a large kitchen and gathering area, and seamless flow throughout the main living spaces. The primary suite provides a private retreat, while additional bedrooms offer flexibility for family, guests, or a home office. The backyard is designed for relaxation and entertaining, featuring an outdoor fire pit and water feature that create a comfortable setting for year-round enjoyment. The epoxy-coated garage adds a clean, durable, and finished feel, offering added functionality for storage, parking, or workspace use. Situated near Somersett's golf, trails, parks, clubhouse amenities, and Northwest Reno conveniences, this property combines comfort, location, and lifestyle. Enjoy close proximity to shopping, dining, schools, I-80, Downtown Reno, Truckee, Lake Tahoe, and premier outdoor recreation including skiing, hiking, biking, golfing, and year-round mountain activities. The Washoe County Assessor lists the home as 4 bedrooms. It is currently 3 dedicated bedrooms with a loft that could be converted to a fourth relatively easily. Please reach out to listing agent for further information.

Listed by Louie Damonte III — Ferrari-Lund Real Estate South

Listing Details

Status Active
MLS # 260008145
Price/Sq Ft $338

Property History

Jun 25, 2026
Listed for sale
$979,999
Property Overview
Beds 3
Baths 2.5
Sq. Ft. 2,903
Lot Size 0.17 acres
Stories 2
Year Built 2015
Property Type Single Family Residence
Subdivision 5C @ Somersett
STR Jurisdiction Washoe County
APN 234-302-09
Parking
Garage Spaces 3
Total Parking 6
Parking Features Attached, Garage, Garage Door Opener
Attached Garage Yes
Exterior & Lot
Exterior Features Balcony, Fire Pit, Rain Gutters
Lot Features Landscaped, Level, Sloped Up, Sprinklers In Front, Sprinklers In Rear
View Mountain(s), Trees/Woods
Construction Stone Veneer, Stucco
Roof Pitched, Tile
Foundation Slab
Utilities & Systems
Heating Electric, Forced Air, Natural Gas
Cooling Central Air, Electric
Financial
Annual Tax $6,436
HOA Fee $265 / Monthly
HOA / Community Somersett Owner's Association
Schools
Elementary School Westergard
Middle School Billinghurst
High School McQueen
HOA & Community
Community Amenities Clubhouse, Fitness Center, Gated, Landscaping, Life Guard, Pool, Spa/Hot Tub, Tennis Court(s)
📊

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% ($196,000)
Home price
$979,999
Loan details
30-yr fixed, 6.5%
Request a Tour
Kristina Mattson
Kristina Mattson
Broker - Owner
CA 01950662 BS.0146479.MGR

Send a Message

Or call directly: 530.613.5207