$2,450,000 Active
188 Carleton Court
Reno, NV 89511
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
4 Beds
·
3.5 Baths
·
4,863 Sq Ft

About This Property

Mountain Seclusion, Reno Sophistication 4 bd - 3.5 bth - 4863 sqft - 1acre - Privately Gated - Views & Acreage - Main level living with 1 private guest suite, additional living space, outdoor view deck on second level. Set within gated St. James's Village, this expansive residence offers a rare best-of-both-worlds setting, where Sierra pines meet Nevada's open high desert, with Mt. Rose, Incline Village and Lake Tahoe in one direction and the energy of Reno in the other. The home makes an impression from the moment you step inside. A distinctive elevated entry creates an immediate sense of arrival, opening to soaring ceilings, expansive living spaces, and walls of windows that bathe the interiors in natural light and frame the colors of the high desert, stands of green pine, and the mountains beyond. The kitchen anchors the center of the home, connecting the formal living and dining spaces with the family room, while the fireplace in the living room brings warmth to the scale of the rooms. Privacy is built into the floor plan. The main-level primary suite occupies its own wing, with a fireplace and French doors opening directly to the outdoor living area. The spacious bath is designed as a retreat, with a soaking tub looking toward Mt. Rose and a generous walk-in closet. Within the opposite wing, the largest of the three additional bedrooms lives much like a junior primary suite, with its own sitting area, large bath and private deck overlooking the high desert. A third bedroom has a personality all its own, with a substantial wood spiral staircase and the flexibility to serve equally well as a handsome library or private study. A striking rounded glass-block staircase curves to the upper level and the artist's loft, a wonderfully versatile space that serves as the home's fourth bedroom, with its own sitting area, ensuite bath and private balcony. There is scale everywhere, including where it counts. An oversized laundry room has space for a sitting or work area, while the four-car garage is arranged as two separate two-car bays with additional storage. Broad decks and patios open to the surrounding Galena Forest landscape, with the hot tub and outdoor lounging creating an inviting place to watch the last light move across Mt. Rose and the high desert. Tucked off Mt. Rose Highway in the Galena Forest, St. James's Village sits alongside Galena Creek and the Toiyabe National Forest, with miles of trails and open space woven through the surrounding landscape. Browns Creek Trail is close by, Mt. Rose Ski Tahoe is just up the road, and Montreux and ArrowCreek put exceptional golf within easy reach. Washoe Lake stretches across the valley, adding yet another dimension to the landscape and outdoor lifestyle. Head toward Reno and the mood changes completely. The city has an energy all its own, with an increasingly sophisticated restaurant scene, a growing arts and cultural community, live music, concerts and shows, and Reno-Tahoe International Airport within easy reach. Ski Mt. Rose in the morning. Hit a trail in the afternoon. Dinner and a show in Reno that evening. Come home to stars, quiet and space.

Listed by Dena Van Blaricom — Sierra Sotheby's International

Listing Details

Status Active
MLS # 260011174
Days on Market 9
Price/Sq Ft $504

Property History

Aug 28, 2026
Listed for sale
$2,450,000
Property Overview
Beds 4
Baths 3.5
Sq. Ft. 4,863
Lot Size 1.00 acres
Stories 2
Year Built 2004
Property Type Single Family Residence
Subdivision St James`S Village 1D
STR Jurisdiction Washoe County
APN 156-061-20
Parking
Garage Spaces 4
Total Parking 4
Parking Features Additional Parking, Attached, Garage, Garage Door Opener
Attached Garage Yes
Exterior & Lot
Exterior Features Dog Run
Lot Features Common Area, Cul-De-Sac, Landscaped, Level, Sprinklers In Front, Sprinklers In Rear, Wooded
View City, Desert, Meadow, Mountain(s), Trees/Woods, Valley
Construction Stone, Stucco
Roof Pitched, Tile
Foundation Crawl Space
Utilities & Systems
Heating Fireplace(s), Forced Air, Natural Gas
Cooling Central Air
Financial
Annual Tax $13,822
HOA Fee $370 / Monthly
HOA / Community St. James
Schools
Elementary School Hunsberger
Middle School Marce Herz
High School Galena
HOA & Community
Community Amenities Gated, Management, Security
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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 GROSS ANNUAL REVENUE
$118K – $167K typically ~$142,500
~$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% ($490,000)
Home price
$2,450,000
Loan details
30-yr fixed, 6.5%
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