$1,150,000 Active
4005 Corvallis Drive
Reno, NV 89511
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
4 Beds
·
3.0 Baths
·
2,807 Sq Ft
Virtual Tour

About This Property

Modern Luxury Meets Nevada History: Backing directly to open public land, this beautifully reimagined 4-bedroom, 3-bathroom, 3-car garage estate seamlessly blends high-end luxury with the rich history of the Silver State. Every major space in this home has been meticulously transformed, featuring bespoke architectural details you won't find anywhere else—including baseboards that are authentic plank pieces from a historic 1861 Gardnerville barn & a living room fireplace adorned by a 90-year-old beam sourced from a Virginia City silver mine serving as the mantle. The Kitchen & Living Spaces are designed for effortless entertaining with a gourmet kitchen. It features a premium Thermador range with a convenient pot filler, KitchenAid appliances, & sleek satin-sheen (leathered) granite countertops. A defining feature of the home's high-end craftsmanship is the custom, natural satin-finished knotty alder cabinetry, which is beautifully carried throughout the entire house—matching perfectly in all bathrooms, the bonus room, the staircase landing, & the laundry room for flawless design continuity. The historic Gardnerville barnwood carries into this space, beautifully accenting the custom range hood & the large exposed beam in the open area above. The expanded central island features extra storage & a custom eyebrow curve edge that beautifully mirrors the window's design above. This elegant curved eyebrow transom window—a purposeful architectural theme found also in the primary suite—caps the beautiful bay window, framing serene views of the surrounding landscape. Rich cherry hardwood underfoot in the kitchen flows into elegant slate in the adjacent family room, with beautiful slate & new plush carpeting continuing throughout the rest of the home. Energy-efficient Low-E3 windows frame the outdoor vistas perfectly, while upstairs, the spacious bonus room makes the perfect executive home office or media room. All three spa-like bathrooms have been completely remodeled from top to bottom. The primary suite serves as a private sanctuary, mirroring the home's custom architecture with its own elegant curved eyebrow transom window. The suite offers cozy radiant-heated floors, a custom slate-walled shower, dual sinks, a large walk-in closet, & a freestanding stone resin tub beautifully set upon historic reclaimed beams. Backing directly to endless acres of public land, this private backyard oasis is designed for outdoor living. A beautiful paver patio hosts a relaxing hot tub & a standalone pergola, framed by massive boulder accents sourced from nearby Slide Mountain & an all-natural stone waterfall mirroring the Reno-Tahoe vibe. Beautifully highlighted by custom landscape uplighting on the mature conifers & maples, a paver staircase leads through natural stacked stone terracing up to an elevated, private seating area overlooking the pristine open land for magnificent sunset viewing. The home's premium exterior is completed by a custom English Walnut front door, an artist-cut steel gate, mortared stone porch trim, & updated lighting. Premium upgrades include: • Brand-new solar system (fully owned & conveys with the home). • Brand-new custom window dressings/blinds paired with cohesive knotty alder windowsills tailored throughout the entire house. • Smart home updates such as new dimmer & slider switches, an integrated pop-up island outlet, plus a total of six ceiling fans ensuring year-round comfort in all bedrooms, the bonus room, & the family room. • A complete, top-of-the-line garage door installation featuring premium steel wood-grain doors adorned with elegant smoked glass windows, powered by brand-new, ultra-quiet smart motors. Property also includes a standalone outdoor storage shed. • Fully updated plumbing fixtures—including all-new faucets, showers, tubs, & toilets—paired with comprehensive aesthetic refreshes in every room. Schedule a personal tour today to experience this gorgeous home!

Listed by Thomas Myers III — Realty One Group Eminence

Listing Details

Status Active
MLS # 260009563
Price/Sq Ft $410

Property History

Jul 25, 2026
Listed for sale
$1,150,000
Property Overview
Beds 4
Baths 3.0
Sq. Ft. 2,807
Lot Size 0.28 acres
Stories 2
Year Built 1998
Property Type Single Family Residence
Subdivision Galena Terrace 5
STR Jurisdiction Washoe County
APN 144-091-14
Parking
Garage Spaces 3
Total Parking 3
Parking Features Attached, Garage, Garage Door Opener
Attached Garage Yes
Exterior & Lot
Exterior Features Rain Gutters
Lot Features Adjoins BLM/BIA Land, Gentle Sloping, Landscaped, Sprinklers In Front, Sprinklers In Rear
View Desert, Mountain(s)
Roof Pitched, Tile
Foundation Crawl Space
Utilities & Systems
Heating Fireplace(s), Forced Air, Natural Gas, Radiant Floor
Cooling Central Air
Financial
Annual Tax $4,029
HOA Fee $210 / Annually
HOA / Community Rolling Hills
Schools
Elementary School Hunsberger
Middle School Marce Herz
High School Galena
HOA & Community
Community Amenities Landscaping
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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% ($230,000)
Home price
$1,150,000
Loan details
30-yr fixed, 6.5%
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