$5,200,000 Active
4040 Odile Court
Reno, NV 89511
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
7 Beds
·
6.0 Baths
·
7,999 Sq Ft

About This Property

Perched at the end of a cul-de-sac and perfectly positioned for stunning city views, this Peter Wilday-designed luxury home will not disappoint. Offering 7,999 square feet, the home includes a fully remodeled walkout basement with an expansive rubber-floored gym, three spacious bedrooms, 2.5 bathrooms, an added laundry room, recreation room, bonus room, and an additional room that would make an excellent wine cellar. Upon entering the gated 2.9-acre property, which can also accommodate horses, you are greeted by a stone fountain and pristine pool. Step through the front doors into the living room, where soaring ceilings, a newly faced rock fireplace, and spectacular views stretch from west of Peavine Mountain across downtown Reno to south of the international airport. A massive entertainer's deck spans the length of the home and is accessible from the dining room, family room, and secondary primary bedroom sliders. Opposite the living room, the vaulted dining room connects seamlessly to the impressive chef's kitchen, featuring an oversized island and countertops with Cosmos granite, a GE Monogram six-burner range with double ovens, and built-in Monogram refrigerator and wine fridge. Custom cabinetry with soft-close doors and pullouts, along with a large pantry, completes the gourmet space. The upstairs level is a true owner's sanctuary, offering a dedicated sitting area, library or office, wood plantation shutters, and a private balcony. Double doors open to the primary suite, where the bedroom leads to a slider and its own large private deck with unobstructed views. The spa-like bathroom features a jetted tub, walk-in steam shower, double sinks, and a sizeable walk-in closet with washer/dryer outlets. Back on the main floor, the expansive family room includes TV outlets on opposite walls and a beverage cooler. With three additional bedrooms down the hall, including the original primary bedroom, this turnkey home is ready for its next owners. A composite 50-year roof was installed in 2025, and new interior and exterior paint completed the recent remodel. With no HOA, the remaining property can be customized for your outdoor and entertainment needs.

Listed by Jon Bussani — Berkshire Hathaway HomeService

Listing Details

Status Active
MLS # 260009296
Price/Sq Ft $650

Property History

Jul 21, 2026
Listed for sale
$5,200,000
Property Overview
Beds 7
Baths 6.0
Sq. Ft. 7,999
Lot Size 2.90 acres
Stories 3
Year Built 1980
Property Type Single Family Residence
Subdivision Brady
STR Jurisdiction Washoe County
APN 041-190-01
Parking
Garage Spaces 3
Total Parking 3
Parking Features Additional Parking, Attached, Garage, Garage Door Opener, RV Access/Parking
Attached Garage Yes
Exterior & Lot
Exterior Features Balcony, Rain Gutters
Lot Features Cul-De-Sac, Gentle Sloping, Landscaped, Level, Sprinklers In Front, Sprinklers In Rear
View City, Mountain(s), Trees/Woods, Valley
Construction Stone Veneer, Stucco
Roof Composition, Pitched, Shingle
Foundation Crawl Space
Pool & Spa
Pool Fenced, Heated, In Ground, Outdoor Pool
Utilities & Systems
Heating Forced Air, Propane
Cooling Central Air, Electric
Financial
Annual Tax $12,120
Schools
Elementary School Lenz
Middle School Marce Herz
High School Galena
📊

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% ($1,040,000)
Home price
$5,200,000
Loan details
30-yr fixed, 6.5%
Request a Tour

We'll contact you soon.

R
Real Estate Tahoe
Real Estate Agent

Send a Message