$1,275,000 Active
305 Mugo Pine Circle
Reno, NV 89511
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
3 Beds
·
2.5 Baths
·
2,501 Sq Ft

About This Property

Custom cedar mountain home in Galena Forest near Mt Rose Highway, offering privacy, towering pines, and Tahoe style living minutes from South Reno and approximately 20 minutes to Lake Tahoe. Set on 0.54 acres, this 3 bedroom, 2.5 bath home spans 2,501 square feet and features inland western red cedar throughout the interior and exterior, creating a rare mountain aesthetic. Vaulted ceilings and expansive windows bring in natural light while framing forest views. The main level offers a formal living area and an open great room anchored by a wood burning stove. The kitchen features double convection ovens, dishwasher, disposal, and microwave. Step outside to a large wood deck that opens into the surrounding forest with gas BBQ hookup and hot tub for year-round. Upstairs, all bedrooms are positioned for privacy. The primary suite, approximately 18 by 22, includes dual walk in closets and an updated bathroom with a newly installed shower and tile flooring. An adjacent 0.56 acre parcel is also available for purchase, offering an opportunity to expand or increase privacy. Additional features include a 3 car garage, exterior storage, baseboard hot water heating with three thermostats, full rain gutters, and roofline heat tape. Located near Galena Creek Regional Park and Mt Rose Ski Tahoe with access to hiking, biking, and skiing, minutes from shopping, dining, and Reno Tahoe International Airport. Galena Forest offers larger lots, mature trees, and forest living with access to South Reno, Mt Rose, and Lake Tahoe.

Listed by Jodi Kruse — Sierra Sotheby's International

Listing Details

Status Active
MLS # 260006045
Price/Sq Ft $510

Property History

May 14, 2026
Listed for sale
$1,275,000
Property Overview
Beds 3
Baths 2.5
Sq. Ft. 2,501
Lot Size 0.54 acres
Stories 2
Year Built 2001
Property Type Single Family Residence
Subdivision Galena Forest Estates 1
APN 047-086-32
Parking
Garage Spaces 3
Total Parking 3
Parking Features Attached, Garage, Garage Door Opener
Attached Garage Yes
Exterior & Lot
Exterior Features Rain Gutters
Lot Features Cul-De-Sac, Landscaped, Sprinklers In Front, Sprinklers In Rear, Wooded
View Trees/Woods
Construction Cedar
Roof Pitched
Foundation Crawl Space
Utilities & Systems
Heating Baseboard, Hot Water, Propane
Financial
Annual Tax $1,598
HOA Fee $330 / Semi-Annually
HOA / Community Galena Forest Estates
Schools
Elementary School Hunsberger
Middle School Marce Herz
High School Galena
HOA & Community
Community Amenities None
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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
Home insurance
$0
Estimate only — wildfire zone rates vary. Contact a local broker for an accurate quote.
Down payment
20% ($255,000)
Home price
$1,275,000
Loan details
30-yr fixed, 6.5%
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Murat Gocmen
Murat Gocmen
Managing Broker
CA DRE# 02235314 NV B.1003327.LLC

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