$2,875,000 Active
20540 Latour Way
Reno, NV 89511
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
4 Beds
·
4.5 Baths
·
3,266 Sq Ft

About This Property

This former Les Maisons model home is one of the most distinctive properties ever to come to market within Montreux - Reno's most prestigious gated community and home to Northern Nevada's only Jack Nicklaus Championship golf course. French cottage architecture of this caliber is rare anywhere. To find it paired with soaring vaulted ceilings, exposed wood beams, an open floor plan built for grand entertaining, and finishes at this level is unheard of. The La Cornue French range and matching limestone hood anchor a chef's kitchen that is as functional as it is beautiful, surrounded by rich hardwood floors, double-pane wood-framed windows, and craftsmanship that reveals itself in every room. What elevates this property above everything else in its class is the complete and total privacy. No rear neighbors. Ever. Instead, serene greenbelt views of the HOA-maintained common area with walking trails, a water feature, and a dry creek — a backdrop that is nearly impossible to find in a home of this style and finish level. The expanded covered patio with its massive rock fireplace, sunken hot tub, and fire pit surrounded by aspens and maple trees is not just an outdoor space. It is an experience. From the moment you step through the signature archway entry, the attention to detail is unmistakable. Custom wood trim, designer fixtures, California closets, heated copper gutters, and a three-car garage with epoxy floors round out a home that has been considered at every turn.

Listed by Henry Abts V — Sierra Sotheby's International

Listing Details

Status Active
MLS # 260007409
Days on Market 1
Price/Sq Ft $880

Property History

Jun 10, 2026
Listed for sale
$2,875,000
Property Overview
Beds 4
Baths 4.5
Sq. Ft. 3,266
Lot Size 0.31 acres
Stories 2
Year Built 2008
Property Type Single Family Residence
Subdivision Montreux 4 South
STR Jurisdiction Washoe County
APN 148-323-04
Parking
Garage Spaces 3
Total Parking 3
Parking Features Attached, Garage, Garage Door Opener
Attached Garage Yes
Exterior & Lot
Exterior Features None
Lot Features Common Area, Greenbelt, Landscaped, Level, Sprinklers In Front, Sprinklers In Rear
View Park/Greenbelt, Trees/Woods
Construction Stone, Stucco, Unknown
Roof Metal, Pitched, Tile
Foundation Crawl Space
Utilities & Systems
Heating Fireplace(s), Forced Air, Natural Gas
Cooling Central Air
Financial
Annual Tax $11,692
HOA Fee $1,600 / Quarterly
HOA / Community Montreux HOA
Schools
Elementary School Hunsberger
Middle School Marce Herz
High School Galena
HOA & Community
Community Amenities Gated, Nordic Trails, 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 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% ($575,000)
Home price
$2,875,000
Loan details
30-yr fixed, 6.5%
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Kristina Mattson
Kristina Mattson
Broker - Owner
CA 01950662 BS.0146479.MGR

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