$1,499,000 $1,550,000 ↓ $51,000 reduced Active
3172 Vista Favoloso Drive
Reno, NV 89519

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STR Status Unknown
4 Beds
·
4.5 Baths
·
3,546 Sq Ft
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About This Property

Elevated above Southwest Reno in the gated Villagio community you'll find 3172 Vista Favoloso with expansive mountain views, and a location that gives you convenient access to both the city and Northern Nevada's outdoor lifestyle. This 4-bedroom, 4.5-bath residence offers 3,546 square feet of thoughtfully designed living space, and a flexible floor plan designed for everyday living, entertaining and extended guests. Built in 2016, the home pairs a modern, open layout with the sense of space and scenery that defines Northern Nevada. Large windows bring the surrounding landscape into the living areas, while high ceilings and abundant natural light give the main level an open, relaxed feel. At the center of the home, the kitchen is designed for gathering with an oversized granite island, two ovens & 48" commercial style range, generous cabinetry and a walk-through butler's pantry. The adjoining great room opens naturally to the home's outdoor living spaces, creating an easy connection between indoors and out. The main-level primary suite offers privacy and convenience, while a second ensuite bedroom on the same level provides flexibility for guests or a home office. Downstairs, the walk-out level includes two additional bedrooms with private baths and a spacious recreation room, creating separation that works especially well for guests, work-from-home needs or multigenerational living. Outdoor living is equally appreciated here. The custom backyard features a built-in BBQ and outdoor kitchen, gas fire pit, covered and uncovered patio areas, and low-maintenance landscaping, all positioned to take advantage of the mountain views. Additional features include approximately 750 square feet of walk-in storage (not included in the square footage count), Hunter Douglas window coverings, central vacuum, tankless water heaters, and a finished three-car garage and EV charging. What truly distinguishes this home is the connection between Reno convenience and the outdoors. Hiking trails leading toward the Toiyabe National Forest are accessible right outside your front door, while Midtown Reno and Reno-Tahoe International Airport are approximately 14 minutes away, the Truckee River is approximately 16 minutes away, and Mt. Rose Ski Tahoe is only 33 minutes from home. This is a sophisticated home in Reno, NV for those who want the views, recreation and open landscape of Northern Nevada without sacrificing easy access to the city.

Listed by Jacqueline Mead — Sierra Sotheby's International

Listing Details

Status Active
MLS # 260011427
Days on Market 49
Price/Sq Ft $423

Property History

Sep 03, 2026
Listed for sale
$1,550,000
Oct 02, 2026
Price reduced
$1,529,000 $1,550,000 ↓ $21,000
Oct 15, 2026
Price reduced
$1,499,000 $1,529,000 ↓ $30,000
Property Overview
Beds 4
Baths 4.5
Sq. Ft. 3,546
Lot Size 0.25 acres
Stories 2
Year Built 2016
Property Type Single Family Residence
Subdivision Villagio Della Montagna Phase 2
APN 042-491-04
Parking
Garage Spaces 3
Total Parking 3
Parking Features Attached, Electric Vehicle Charging Station(s), Garage, Garage Door Opener
Attached Garage Yes
Exterior & Lot
Exterior Features Balcony, Built-in Barbecue, Fire Pit, Outdoor Kitchen, Rain Gutters
Lot Features Level
View Desert, Mountain(s), Park/Greenbelt
Construction Stucco
Roof Pitched, Tile
Foundation Crawl Space
Utilities & Systems
Heating Forced Air
Cooling Central Air
Financial
Annual Tax $13,864
HOA Fee $270 / Monthly
HOA / Community Villagio Della Montagna
Schools
Elementary School Huffaker
Middle School Swope
High School Reno
HOA & Community
Community Amenities Gated, Landscaping, Management, Security
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STR Investment Analysis

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STR Investment Analysis

STR analysis
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Home Insurance Estimate

Standard homeowners policy for this home

$5,100 – $7,400/yr
about $521/mo
Est. Rebuild Cost (Coverage A)
$1,489,320

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

$9,526 per month
Principal & interest
$7,580/mo
Property taxes
$1,155/mo
The seller's current bill, from the MLS: a Nevada bill doesn't reset when a home sells.
HOA dues
$270/mo
From MLS listing data.
Home insurance
$521/mo
Estimated ~$5,100–$7,400/yr — get a local broker quote for accuracy.
Down payment
20% ($299,800)
Home price
$1,499,000
Loan details
30-yr fixed, 6.5%
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