$3,300,000 Active
20102 Hibbet Trail
Reno, NV 89511
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
3 Beds
·
3.0 Baths
·
3,400 Sq Ft
Virtual Tour

About This Property

Seeking that off grid and unplugged lifestyle.... or are you desperately trying to find that property where you can disappear from the craziness of the world in your own safe haven? Let me introduce you to The Sierra Sanctuary, a truly rare offering in the heart of the Sierra Nevada Mountains. Encompassing 40 beautiful acres just below Mt. Rose Ski Area, this remarkable estate captures the essence of refined mountain living, where complete privacy meets quick access to Lake Tahoe and Reno. Surrounded on all sides by protected United States Forest Service land, the property offers a level of seclusion that is increasingly rare, creating a true sanctuary in nature while remaining just minutes from world-class skiing, hiking, and everyday conveniences. The location strikes a unique balance—only moments from the slopes of Mt. Rose, a short drive to Incline Village and the shores of Lake Tahoe, and approximately twenty-two minutes to Reno-Tahoe International Airport. At the heart of the property, a meticulously designed and well maintained three-bedroom, three-bath A-frame mountain lodge is thoughtfully positioned to take full advantage of its surroundings. Soaring vaulted ceilings and expansive windows frame breathtaking forest views, filling the interior with natural light and seamlessly connecting indoor and outdoor living. Designed with both comfort and sustainability in mind, the home is powered by newly upgraded solar and hydro systems, offering an eco-conscious lifestyle without sacrificing modern amenities. An oversized four-car garage provides exceptional versatility, whether used for vehicle storage, a workshop, or as a basecamp for all-season recreation. Beyond the main residence, the land unfolds with multiple partially graded building sites, each set within its own private forested enclave, presenting an extraordinary opportunity to expand the estate with guest homes, additional structures, or a legacy compound. Currently configured as four separate parcels, including two six-acre parcels and one sixteen-acre parcel, The Sierra Sanctuary offers rare flexibility for future development or long-term investment, while still maintaining the integrity and privacy of a singular mountain estate. With its unmatched setting, scale, and proximity to the best of the Sierra, this is a property that transcends the ordinary—equally suited as a private retreat, generational estate, or strategic land holding. A true sanctuary in every sense, The Sierra Sanctuary offers a rare chance to own one of the most private and compelling properties in the region.

Listed by Alex Min — Sierra Sothebys International

Listing Details

Status Active
MLS # 260003120
Days on Market 52
Price/Sq Ft $971

Property History

Mar 19, 2026
Listed for sale
$3,300,000
Property Overview
Beds 3
Baths 3.0
Sq. Ft. 3,400
Lot Size 40.00 acres
Stories 3
Year Built 2006
Property Type Single Family Residence
APN 048-062-08
Parking
Garage Spaces 4
Total Parking 4
Parking Features Additional Parking, Garage, Garage Door Opener, RV Access/Parking
Attached Garage Yes
Exterior & Lot
Exterior Features Balcony, None
Lot Features Adjoins BLM/BIA Land, Greenbelt, Sloped Down, Sloped Up, Wooded
View City, Mountain(s), Park/Greenbelt, Ski Resort, Trees/Woods, Valley
Roof Metal, Pitched
Foundation Full Perimeter
Utilities & Systems
Heating Propane, Radiant Floor, Solar
Financial
Annual Tax $6,266
Schools
Elementary School Hunsberger
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
Home insurance
$0
Estimate only — wildfire zone rates vary. Contact a local broker for an accurate quote.
Down payment
20% ($660,000)
Home price
$3,300,000
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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Or call directly: (530) 317-0373