$4,295,000 Active
395 Mount Mahogany Court
Reno, NV 89511

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STR Status Unknown
6 Beds
·
7.0 Baths
·
8,411 Sq Ft
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Our data on this home

About This Property

Exceptional Custom Estate in St. James Village - Luxury, Privacy & Mountain Living Nestled among the towering pines and scenic Sierra Nevada mountains, this exceptional custom-built St. James Village estate offers the perfect combination of luxury, privacy, and mountain living. Situated on over an acre, this beautifully remodeled residence features an extraordinary collection of amenities, including a custom-designed home theater, an approximately 2,600-square-foot garage with RV parking, private guest quarters, and expansive indoor and outdoor entertaining spaces. Designed for both luxury and entertainment, the home showcases an impressive $200,000 custom-built theater featuring premium Focal speakers, Sony surround sound, dual subwoofers, a 110-inch screen, and professional acoustic treatments for an immersive cinematic experience. The recently remodeled gourmet kitchen features custom cabinetry, updated countertops, premium appliances, designer lighting, a stylish backsplash, and an additional prep sink. The kitchen flows seamlessly into the spacious family and dining areas, where soaring ceilings, a stunning stone fireplace, and a climate-controlled 326-bottle wine cellar create an inviting atmosphere for entertaining. Experience exceptional indoor/outdoor living in the beautifully landscaped and fenced backyard, complete with a covered patio, built-in barbecue, gas fire pit, and expansive entertaining areas surrounded by majestic pine trees. The main-level primary suite offers a private retreat featuring a cozy gas fireplace, two custom walk-in closets, and a luxurious bathroom with dual vanities, a jetted soaking tub, steam shower, and private access to the backyard. Two additional main-level bedrooms share a convenient Jack-and-Jill bathroom. Upstairs, an expansive entertainment loft features a wet bar and space for billiards, shuffleboard, and air hockey, with game tables available for inclusion in the sale. A separate lounge provides the perfect place to unwind before enjoying a movie in the spectacular private theater. Ideal for extended family or guests, the spacious private guest quarters feature a separate entrance, bedroom, bathroom, and dedicated living and office space, offering comfort, flexibility, and privacy. Car enthusiasts and outdoor adventurers will appreciate the remarkable nearly 2,600-square-foot garage, designed to accommodate up to eight vehicles, including a dedicated oversized RV bay with room for boats, recreational vehicles, and other outdoor toys. Extensive recent improvements include updated interior and exterior paint, custom rear-facing windows, new baseboards, recessed lighting, window coverings, and two full-size laundry rooms conveniently located on separate levels. Ideally situated near the southern entrance of St. James Village, the property provides convenient access to Washoe Valley while preserving the tranquility and natural beauty of its mountain setting. A truly distinctive property offering the space, privacy, luxury amenities, and exceptional lifestyle that make St. James Village one of Northern Nevada's most desirable mountain communities.

Listed by Kevin Trexler — Nevada Home Realty

Listing Details

Status Active
MLS # 260013036
Days on Market 6
Price/Sq Ft $511

Property History

Oct 12, 2026
Listed for sale
$4,295,000
Property Overview
Beds 6
Baths 7.0
Sq. Ft. 8,411
Lot Size 1.14 acres
Stories 2
Year Built 2006
Property Type Single Family Residence
Subdivision St James`S Village 2A
APN 156-085-02
Parking
Garage Spaces 8
Total Parking 8
Parking Features Attached, Garage, Garage Door Opener, RV Access/Parking, RV Garage, Tandem
Attached Garage Yes
Exterior & Lot
Exterior Features Balcony, Built-in Barbecue, Fire Pit, Rain Gutters
Lot Features Corner Lot, Cul-De-Sac, Gentle Sloping, Landscaped, Sloped Down, Sprinklers In Front, Sprinklers In Rear
View Mountain(s), Trees/Woods
Construction Stone Veneer, Stucco
Roof Composition, Pitched, Shingle
Foundation Crawl Space
Utilities & Systems
Heating Forced Air, Natural Gas
Cooling Central Air
Financial
Annual Tax $22,015
HOA Fee $370 / Monthly
HOA / Community St James Village
Schools
Elementary School Hunsberger
Middle School Marce Herz
High School Galena
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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

$15,700 – $23,100/yr
about $1,617/mo
Est. Rebuild Cost (Coverage A)
$4,626,050

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

$25,540 per month
Principal & interest
$21,718/mo
Property taxes
$1,835/mo
The seller's current bill, from the MLS: a Nevada bill doesn't reset when a home sells.
HOA dues
$370/mo
From MLS listing data.
Home insurance
$1,617/mo
Estimated ~$15,700–$23,100/yr — get a local broker quote for accuracy.
Down payment
20% ($859,000)
Home price
$4,295,000
Loan details
30-yr fixed, 6.5%
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