$1,300,000 Active
2959 Saddle Peak Drive
Reno, NV 89521
STR Status Unknown
3 Beds
·
2.5 Baths
·
2,679 Sq Ft

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About This Property

If you are moving to Northern Nevada and want a newer home with extensive upgrades and move in ready, this is it. A single-level, private residence behind the gates of Ridgeline in Caramella, with more than $364,000 in documented upgrades since 2021, over $158,000 of them selected at the build. Fully owned solar, no lease to assume. A private backyard with no rear neighbor, foothill views, built-in BBQ, hot tub, and designed landscaping. A gourmet kitchen with a new Monogram oven, California Closets in the bedrooms, office, and pantry, custom storage in both garages, permanent roofline lighting, a custom security door, and a new high-capacity water heater. Community pool, fitness center, and rec club. Twenty minutes to the airport, 45 minutes to Lake Tahoe, and a short drive to South Reno shopping and dining. Three bedrooms, 2,679 square feet, one level, one owner. Itemized upgrade list with dates and vendors available.

Listed by Michael Wood — RE/MAX Professionals-Reno

Listing Details

Status Active
MLS # 260011808
Days on Market 27
Price/Sq Ft $485

Property History

Sep 11, 2026
Listed for sale
$1,300,000
Property Overview
Beds 3
Baths 2.5
Sq. Ft. 2,679
Lot Size 0.17 acres
Stories 1
Year Built 2021
Property Type Single Family Residence
Subdivision Caramella Ranch Estates Village
APN 143-242-11
Parking
Garage Spaces 3
Total Parking 3
Parking Features Attached, Garage
Attached Garage Yes
Exterior & Lot
Lot Features Level, Sprinklers In Front, Sprinklers In Rear
View Mountain(s), Valley
Construction Stucco
Roof Composition, Pitched, Shingle
Foundation Slab
Utilities & Systems
Heating Forced Air, Natural Gas
Cooling Central Air, Electric
Financial
Annual Tax $7,297
HOA Fee $250 / Monthly
HOA / Community Ridgeview Caramella Ranch
Schools
Elementary School Brown
Middle School Marce Herz
High School Galena
HOA & Community
Community Amenities Clubhouse, Fitness Center, Gated, Landscaping, Management, Pool, Recreation Room
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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

$7,824 per month
Principal & interest
$6,574/mo
Property taxes
$608/mo
The seller's current bill, from the MLS: a Nevada bill doesn't reset when a home sells.
HOA dues
$250/mo
From MLS listing data.
Home insurance
$392/mo
Estimated ~$3,800–$5,600/yr — get a local broker quote for accuracy.
Down payment
20% ($260,000)
Home price
$1,300,000
Loan details
30-yr fixed, 6.5%
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