$1,300,000 Active
2959 Saddle Peak Drive
Reno, NV 89521
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
3 Beds
·
2.5 Baths
·
2,679 Sq Ft

About This Property

Welcome to 2959 Saddle Peak Drive, where modern design meets effortless Northern Nevada living. This beautifully appointed home features soaring ceilings, abundant natural light and an open-concept layout designed for both everyday living and entertaining. The spacious kitchen is a standout with an oversized island, quartz countertops, stainless steel appliances, gas cooktop and generous cabinetry. The great room offers a sleek fireplace and oversized windows, while a dedicated office with built-in shelving provides a perfect work-from-home space. Step outside to a covered patio, built-in outdoor kitchen and low-maintenance backyard ready for year-round enjoyment. Solar panels, a paver driveway, contemporary finishes and thoughtful upgrades throughout complete this impressive home.

Listed by Michael Wood — RE/MAX Professionals-Reno

Listing Details

Status Active
MLS # 260011808
Days on Market 2
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
STR Jurisdiction Washoe County
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
📊

STR Investment Analysis

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

STR Investment Analysis

Permitted Zone
STRUCTURAL SCORE Excellent
87
PROJECTED GROSS ANNUAL REVENUE
$118K – $167K typically ~$142,500
~$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% ($260,000)
Home price
$1,300,000
Loan details
30-yr fixed, 6.5%
Request a Tour

We'll contact you soon.

R
Real Estate Tahoe
Real Estate Agent

Send a Message

By submitting, you agree to our Terms of Service and Privacy Policy and consent to being contacted by Real Estate Tahoe.