$384,000 Active
400 Mt Mahogany Court
Reno, NV 89511
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.

About This Property

Discover one of the finest homesites in St. James Village. Nestled on a premium corner cul-de-sac lot, this expansive parcel offers spectacular valley and mountain views in every direction. One of the largest lots in the community, the property provides an oversized building envelope ideal for creating a custom luxury estate tailored to your vision. Surrounded by beautiful high-end custom homes and mature natural landscapes, this homesite offers the perfect balance of privacy, serenity, and prestige. Enjoy the beauty of Northern Nevada living with easy access to Reno, Lake Tahoe, world-class golf, skiing, hiking, and endless outdoor recreation. An extraordinary opportunity to own in the highly coveted St. James Village community.

Listed by John Pieretti — Dickson Realty - Damonte Ranch

Listing Details

Status Active
MLS # 260006898
Days on Market 6

Property History

May 30, 2026
Listed for sale
$384,000
Property Overview
Lot Size 1.66 acres
Property Type Land
Subdivision St James`S Village 2A
STR Jurisdiction Washoe County
APN 156-084-09
Exterior & Lot
Lot Features Corner Lot, Cul-De-Sac, Level, Wooded, Corners Marked, Curbs
View Mountain(s), Trees/Woods, Valley
Financial
Annual Tax $1,262
HOA Fee $300 / Monthly
HOA / Community St James Village HOA
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

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
From MLS listing data.
Home insurance
$0
Insurance estimate only — Tahoe wildfire-zone rates vary; get a local broker quote for accuracy.
Down payment
20% ($76,800)
Home price
$384,000
Loan details
30-yr fixed, 6.5%
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Kristina Mattson
Kristina Mattson
Broker - Owner
CA 01950662
530.613.5207

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