$1,500,000 Active
17 Glenhaven Drive
Reno, NV 89511
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
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About This Property

Introducing 17 Glenhaven Dr, a rare buy-and-build opportunity at Reno’s most exclusive new custom home community. This unique offering pairs one of the development’s premier homesites with permit-ready plans for a 4,746-sqft custom residence, and a project team poised to begin at your direction. The 2.5-acre parcel has dazzling Mt. Rose views and a massive building area with gentle terrain dotted with sagebrush. The homesite, priced at $1.5M, will be delivered with water, sewer, gas and electric hookups., This captivating landscape serves as both backdrop and muse for the proposed custom residence, which was designed through a close collaboration between architect, builder, interior designer and project developer. Inspired by the casual modern elegance of California’s wine country, the thoughtfully planned layout features 3 ensuite bedrooms, a dedicated office, and a separate fitness room that could alternatively serve as a fourth bedroom. Oversized windows frame dramatic mountain and pastoral views, while expansive outdoor living spaces enable seamless flow for day-to-day living as well as entertaining. This project represents an exclusive opportunity for the purchaser to work with one of Reno's finest custom homebuilders , renowned for their quality craftsmanship, exceptional client service, and attention to detail. With plans already Design Committee-approved and ready for permit submission, construction may begin quickly. The construction estimate for this one-of-a-kind residence is $3,850,000, subject to specific conditions and purchaser modifications. The total anticipated investment for this project, including homesite and construction, is estimated at $5,350,000. Embrace the allure of modern luxury living in peaceful surroundings at Reno’s most exciting new private community. Please contact us to explore this exclusive buy-and-build package and make your mark at Glenhaven.

Listed by Leslie Davidson — Compass

Listing Details

Status Active
MLS # 240012637
Days on Market 680

Property History

Jul 25, 2024
Listed for sale
$1,500,000
Property Overview
Lot Size 2.50 acres
Property Type Land
STR Jurisdiction Washoe County
APN 162-301-04
Exterior & Lot
Lot Features Gentle Sloping, Greenbelt, Landscaped, Corners Marked, Sidewalks, Storm Drains
View Mountain(s)
Financial
Annual Tax $4,263
HOA Fee $350 / Monthly
HOA / Community Glenhaven HOA
Schools
Elementary School Lenz
Middle School Marce Herz
High School Galena
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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% ($300,000)
Home price
$1,500,000
Loan details
30-yr fixed, 6.5%
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Kristina Mattson
Kristina Mattson
Broker - Owner
CA 01950662

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