$1,380,000 $1,600,000 ↓ $220,000 reduced Active
3820 S Folsom Drive
Reno, NV 89509

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STR Status Unknown
4 Beds
·
3.5 Baths
·
5,239 Sq Ft

Our data on this home

About This Property

Live in the lap of luxury. imagine waking and preparing your breakfast in the expansive kitchen with a huge walk in pantry, double oven and custom gas cooktop and stepping out onto your downstairs deck with beautiful views to the East for a relaxing breakfast. Chilly? Move into your living room and with the push of a button, relax in front of your automatic fireplace. Prepare for the day in your laundry room with a fold down ironing board and separate laundry sink. Take the elevator upstairs to your Main bedroom with its own private deck and jetted garden tub. The walk in closet offers plenty of room for your clothing. Prepare for your evenings' festivities in the downstairs family room with two guest bedrooms and walk out out onto the back porch area to as you prepare to receive your guests. take the elevator back up to the living room to watch the sunset over the mountains on yet another third deck on the West side of your home. Your large lot, 1.22 acres with a PUE to the East, creates an exceptional location with open space. This home has so much to offer. With 4 bedrooms and 3 and half baths, it can accommodate a large family or multi generational living. Magnificent views to the East and West. Washer & Dryer, Refrigerator and Freezer are included. Two furnaces for increased temperature control and cost savings. Ask the Listing Agent about the "secret compartment". Quiet and convenient neighborhood. Close to shopping, entertainment and medical. Priced at appraised value.

Listed by Mark Ashworth — L. Lance Gilman Real Estate

Listing Details

Status Active
MLS # 260008897
Days on Market 99
Price/Sq Ft $263

Property History

Jul 11, 2026
Listed for sale
$1,600,000
Sep 16, 2026
Price reduced
$1,480,000 $1,600,000 ↓ $120,000
Oct 15, 2026
Price reduced
$1,380,000 $1,480,000 ↓ $100,000
Property Overview
Beds 4
Baths 3.5
Sq. Ft. 5,239
Lot Size 1.22 acres
Stories 3
Year Built 2009
Property Type Single Family Residence
APN 216-040-19
Parking
Garage Spaces 2
Total Parking 2
Parking Features Additional Parking, Attached, Garage, Garage Door Opener
Attached Garage Yes
Exterior & Lot
Exterior Features Balcony, Rain Gutters
Lot Features Landscaped, Sloped Down, Sprinklers In Front, Steep Slope, Other
View Desert, Mountain(s), Valley
Construction Stucco
Roof Composition
Foundation Crawl Space, Slab
Utilities & Systems
Heating Fireplace(s), Forced Air, Natural Gas
Cooling Central Air
Financial
Annual Tax $9,043
Schools
Elementary School Gomm
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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PROJECTED GROSS ANNUAL REVENUE
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Home Insurance Estimate

Standard homeowners policy for this home

$7,500 – $11,000/yr
about $771/mo
Est. Rebuild Cost (Coverage A)
$2,200,380

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

$8,503 per month
Principal & interest
$6,978/mo
Property taxes
$754/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
$771/mo
Estimated ~$7,500–$11,000/yr — get a local broker quote for accuracy.
Down payment
20% ($276,000)
Home price
$1,380,000
Loan details
30-yr fixed, 6.5%
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