$2,115,000 Active
1885 3 Mile Drive
Reno, NV 89509
STR Status Unknown
5 Beds
·
3.5 Baths
·
6,009 Sq Ft
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About This Property

Welcome to this spacious custom brick residence set on a generous half-acre in Spyglass Estates, a sought-after Southwest Reno neighborhood. Offering five bedrooms, three fireplaces, and distinctive architectural character, the home provides an inviting setting for both everyday living and entertaining. The property features upscale finishes throughout. Wrout-iron fencing lends the property a refined sense of privacy and timeless appeal. Multiple outdoor living areas—including covered and uncovered paver patios, a gas fire pit and a deck—overlook the thoughtfully situated grounds. The property also features a three-car garage and an RV garage exceeding 6,000 square feet, offering exceptional space for vehicles, storage, hobbies, and more. Ideally located in Southwest Reno, this well-appointed home presents a gracious indoor-outdoor lifestyle with enduring character.

Listed by Linda Averett — RE/MAX Gold

Listing Details

Status Active
MLS # 260012681
Days on Market 2
Price/Sq Ft $352

Property History

Oct 02, 2026
Listed for sale
$2,115,000
Property Overview
Beds 5
Baths 3.5
Sq. Ft. 6,009
Lot Size 0.52 acres
Stories 2
Year Built 1990
Property Type Single Family Residence
Subdivision Spyglass Estates 2
APN 018-340-17
Parking
Garage Spaces 3
Total Parking 3
Parking Features Attached, Garage, Garage Door Opener, RV Garage
Attached Garage Yes
Exterior & Lot
Exterior Features Balcony, Rain Gutters
Lot Features Gentle Sloping, Landscaped, Level
View Mountain(s)
Construction Brick, Stucco
Roof Pitched, Tile
Foundation Crawl Space, Slab
Utilities & Systems
Heating Forced Air, Natural Gas, Solar
Cooling Central Air
Financial
Annual Tax $10,139
Schools
Elementary School Beck
Middle School Swope
High School Reed
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STR Investment Analysis

See projected rental revenue, occupancy rates, and investment scores.

STR Investment Analysis

STR analysis
STRUCTURAL SCORE —
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PROJECTED GROSS ANNUAL REVENUE
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Avg Nightly
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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

$12,694 per month
Principal & interest
$10,695/mo
Property taxes
$845/mo
The seller's current bill, from the MLS: a Nevada bill doesn't reset when a home sells.
HOA dues
$0/mo
From MLS listing data.
Home insurance
$1,154/mo
Estimated ~$11,200–$16,500/yr — get a local broker quote for accuracy.
Down payment
20% ($423,000)
Home price
$2,115,000
Loan details
30-yr fixed, 6.5%
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