$1,450,000 Active
3475 Southampton Drive
Reno, NV 89509
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
5 Beds
·
4.5 Baths
·
5,019 Sq Ft

About This Property

Some homes have a layout. This one has a life built into it. Set in one of Reno's most established and sought-after neighborhoods—Old Southwest—this 5,019 sqft. property offers purposeful, flexible living that few homes in Northern Nevada can match. The lower level is its own destination: a wine cellar, a game and rec room that walks out to the backyard, this level is built for entertaining. Also featured are two exceptionally large bedrooms each with their own bath. Whether it becomes a private retreat, a guest suite, or a space for focused work and play, this level lives entirely on its own terms. The main level holds the primary suite alongside formal dining, casual living, and a half bath—spaces designed to shift from quiet mornings to dinner parties without skipping a beat. A dining nook with a view offers the kind of everyday moment most people don't expect to find in their own home. The charming kitchen features Thermador appliances, a pantry, and convenient storage among every corner. On its own dedicated floor, a study, library, office, or fitness room sits removed from the rest of the house—ideal for deep work, quiet reading, or a workout that doesn't share square footage with anyone. Upstairs, two additional bedrooms, a full bath, and an open loft round out a home that gives everyone in it room to breathe and space to call their own. Step outside and the options multiply. The backyard offers a large grassy area, a patio deck, a balcony, a concrete patio, a firepit, an al fresco dining area, a water feature, and a charming doll house. The front yard adds a porch and a separate fenced grass area, and its own water feature—private, polished, and ready for everything from quiet evenings to full outdoor gatherings. This is Old Southwest Reno: mature landscaping, accessibility to the city's best dining, arts, and parks, and a neighborhood that holds its character. Homes like this don't come available often!

Listed by Ainsley Jones — Dickson Realty - Downtown

Listing Details

Status Active
MLS # 260006070
Price/Sq Ft $289

Property History

May 14, 2026
Listed for sale
$1,450,000
Property Overview
Beds 5
Baths 4.5
Sq. Ft. 5,019
Lot Size 0.57 acres
Stories 3
Year Built 1982
Property Type Single Family Residence
Subdivision Southampton Estates 1
APN 009-391-05
Parking
Garage Spaces 2
Total Parking 2
Parking Features Attached, Garage, Garage Door Opener
Attached Garage Yes
Exterior & Lot
Exterior Features Balcony, Fire Pit, Rain Gutters, None
Lot Features Cul-De-Sac, Landscaped, Sloped Down, Sprinklers In Front, Sprinklers In Rear
View Mountain(s), Trees/Woods
Roof Composition, Pitched, Shingle
Foundation Crawl Space, Slab
Utilities & Systems
Heating Forced Air, Heat Pump, Natural Gas, Solar
Cooling Central Air, Heat Pump
Financial
Annual Tax $7,346
Schools
Elementary School Caughlin Ranch
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

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% ($290,000)
Home price
$1,450,000
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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