$969,000 $1,049,000 ↓ $80,000 reduced Active
2990 Rustic Manor Circle
Reno, NV 89509
STR Status Unknown
5 Beds
·
3.0 Baths
·
3,860 Sq Ft
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About This Property

**NEW PRICE! ** NOW OFFERED AT $969,000! ** $10,000 SELLER INCENTIVE ** An exceptional opportunity to own one of Reno's most distinctive properties, newly repositioned with an $80,000 price reduction. ** Perched above the city with sweeping views of the Reno skyline, sparkling city lights, surrounding valley, and Peavine Mountain, 2990 Rustic Manor Cir offers 3,860 sq ft, 5 bedrooms, 3 full bathrooms, and an incredible combination of space, character, and breathtaking views. Set on a spacious corner lot, the property is surrounded by beautifully established landscaping, including Autumn Fire maple trees, cedars, a weeping Austrian pine, a 40-year-old apple tree, peach and plum trees, and blackberries, creating a private, inviting outdoor setting. Inside, rich hardwood flooring complements the spacious living areas, while expansive windows frame the surrounding views and fill the home with natural light. The open kitchen features granite countertops, stainless steel appliances, abundant cabinetry, and a generous center island, perfect for everyday living and entertaining. **A truly remarkable feature of this home is its expansive downstairs entertainment room**, complete with an approximately 100-year-old vintage bar originally from Virginia City and relocated to the property in 1985. Beautifully preserved and fully functional, the historic wet bar features plumbing, a mini refrigerator, and an ice maker. Combined with the spacious game and lounge area, it creates an unforgettable setting for entertaining family and friends. Multiple outdoor living spaces invite you to take in the spectacular surroundings. Relax in the outdoor hot tub overlooking the city lights and valley below, or unwind in the indoor jetted tub while enjoying the views from the comfort of home. Extensive improvements add value and peace of mind, including a roof and solar system both about two years old, fresh interior and exterior paint, reinforced and freshly painted decks, a tankless water heater, water softener, and a reverse osmosis drinking water system. Additional conveniences include a two-car garage, dedicated RV parking, and two 50-amp outlets ideal for RVs or electric vehicle charging. *Some photographs have been virtually staged.*

Listed by Armando Reyes — Coldwell Banker Select RE M

Listing Details

Status Active
MLS # 260011825
Days on Market 32
Price/Sq Ft $251

Property History

Sep 12, 2026
Listed for sale
$1,049,000
Sep 25, 2026
Price reduced
$999,000 $1,049,000 ↓ $50,000
Oct 06, 2026
Price reduced
$969,000 $999,000 ↓ $30,000
Property Overview
Beds 5
Baths 3.0
Sq. Ft. 3,860
Lot Size 0.35 acres
Stories 2
Year Built 1984
Property Type Single Family Residence
Subdivision Rustic Manor
APN 018-151-06
Parking
Garage Spaces 2
Total Parking 5
Parking Features Attached, Garage, RV Access/Parking
Attached Garage Yes
Exterior & Lot
Exterior Features Balcony, Rain Gutters, None
Lot Features Corner Lot, Landscaped, Sloped Down, Sprinklers In Front, Sprinklers In Rear
View City, Mountain(s), Valley
Roof Composition, Pitched, Shingle
Foundation Crawl Space
Utilities & Systems
Heating Forced Air, Natural Gas
Cooling Central Air
Financial
Annual Tax $4,322
Schools
Elementary School Beck
Middle School Swope
High School Reno
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STR Investment Analysis

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

STR Investment Analysis

STR analysis
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Home Insurance Estimate

Standard homeowners policy for this home

$5,500 – $8,100/yr
about $567/mo
Est. Rebuild Cost (Coverage A)
$1,621,200

Estimate from an estimated rebuild cost at standard-market rates. Not a bindable quote; get a local broker quote for accuracy.

See it in the monthly payment

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

$5,827 per month
Principal & interest
$4,900/mo
Property taxes
$360/mo
The seller's current bill, from the MLS: a Nevada bill doesn't reset when a home sells.
HOA dues
$0/mo
From MLS listing data.
Home insurance
$567/mo
Estimated ~$5,500–$8,100/yr — get a local broker quote for accuracy.
Down payment
20% ($193,800)
Home price
$969,000
Loan details
30-yr fixed, 6.5%
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