$499,000 $515,000 ↓ $16,000 reduced Active
3428 Colonial Downs Drive
Reno, NV 89512

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STR Status Unknown
4 Beds
·
2.5 Baths
·
1,565 Sq Ft
Virtual Tour

Our data on this home

About This Property

Welcome to this charming home in the Cottages at Comstock, ideally positioned at the end of the street for added privacy with no immediate neighbors on several sides and beautiful mountain views. Thoughtfully designed with a bright, open layout, the home features luxury vinyl plank flooring throughout the main living and bathroom areas, warm-toned cabinetry, stainless steel appliances, and solid surface countertops throughout create an inviting and cohesive interior. Enjoy a peaceful setting while remaining just minutes from UNR, downtown Reno, Midtown, shopping, dining, and convenient freeway access. With its desirable end-of-street location, added privacy, mountain views, and move-in-ready condition, this home offers a wonderful combination of comfort, style, and convenience. Mortgage savings may be available for buyer's of this listing.

Listed by Jaime Moore — Redfin

Listing Details

Status Active
MLS # 260012309
Days on Market 24
Price/Sq Ft $319

Property History

Sep 24, 2026
Listed for sale
$515,000
Sep 30, 2026
Price reduced
$499,000 $515,000 ↓ $16,000
Property Overview
Beds 4
Baths 2.5
Sq. Ft. 1,565
Lot Size 0.03 acres
Stories 2
Year Built 2024
Property Type Single Family Residence
Subdivision Mountain View Estates Unit 4
APN 003-304-01
Parking
Garage Spaces 2
Total Parking 2
Parking Features Attached, Garage, Garage Door Opener
Attached Garage Yes
Exterior & Lot
Exterior Features None
Lot Features Corner Lot, Cul-De-Sac, Sprinklers In Front
View Desert, Mountain(s), Valley
Construction Stucco
Roof Composition, Pitched
Foundation Slab
Utilities & Systems
Heating Forced Air, Natural Gas
Cooling Central Air
Financial
Annual Tax $4,442
HOA Fee $75 / Monthly
HOA / Community MJK
Schools
Elementary School Peavine
Middle School Clayton
High School Hug
HOA & Community
Community Amenities None
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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

$2,200 – $3,300/yr
about $229/mo
Est. Rebuild Cost (Coverage A)
$657,300

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

$3,197 per month
Principal & interest
$2,523/mo
Property taxes
$370/mo
The seller's current bill, from the MLS: a Nevada bill doesn't reset when a home sells.
HOA dues
$75/mo
From MLS listing data.
Home insurance
$229/mo
Estimated ~$2,200–$3,300/yr — get a local broker quote for accuracy.
Down payment
20% ($99,800)
Home price
$499,000
Loan details
30-yr fixed, 6.5%
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