$379,000 $420,000 ↓ $41,000 reduced Active
203 S Argyle Court
Reno, NV 89511
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.

About This Property

Set on 1.5 private acres in the gated St. James Village community, this is a rare opportunity to build an extraordinary mountain retreat in one of the area's most coveted settings. Architectural plans for the homesite are already approved and available for an additional fee, designed by an award-winning architect whose vision embraces a harmonious connection with the natural surroundings. A "Japandi"-inspired home that captures calm, balance, and mindful living, where every line and every detail is intentional, blending seamlessly into a landscape framed by pines and mountain views. The thoughtfully developed plot plan optimizes both privacy and vistas, ensuring nature is not just a backdrop but an integral part of daily life. The design calls for natural materials such as wood, stone, and glass that echo the tones and textures of the surrounding landscape, creating a home that feels rooted in its environment. Located in gated St. James Village, this property offers more than a beautiful homesite. It's a lifestyle. Stroll meandering trails beneath the pines, enjoy the quiet rhythm of the seasons, and take comfort in the security and serenity of the neighborhood. When adventure calls, Lake Tahoe is just a short drive away, along with world-class skiing, mountain biking, and hiking. This is more than a home in the making. It's an opportunity to live within architecture that reflects the land it stands on, in a community where nature and design meet in perfect balance.

Listed by Rosi Booker — Compass

Listing Details

Status Active
MLS # 250054460
Days on Market 341

Property History

Aug 13, 2025
Listed for sale
$379,000
Jun 30, 2026
Price changed
$379,000
Property Overview
Lot Size 1.53 acres
Property Type Land
Subdivision St James`S Village 1F
STR Jurisdiction Washoe County
APN 156-102-02
Exterior & Lot
Lot Features Cul-De-Sac, Greenbelt, Corners Marked
View Desert, Mountain(s), Park/Greenbelt, Trees/Woods, Valley
Financial
Annual Tax $1,058
HOA Fee $370 / Monthly
HOA / Community St James Village
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
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% ($75,800)
Home price
$379,000
Loan details
30-yr fixed, 6.5%
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