$695,000 Active Under Contract
4048 Royal Sage Drive
Reno, NV 89503

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STR Status Unknown
5 Beds
·
3.0 Baths
·
2,420 Sq Ft

Our data on this home

About This Property

Welcome to this spacious 5-bedroom home with a large loft, stunning mountain views, and a versatile floor plan in a quiet Northwest Reno neighborhood! With no rear neighbors, RV parking, multiple living and dining spaces, and direct access to Peavine's extensive trail system, this home offers the perfect combination of comfort, convenience, and outdoor living. Inside, you'll find both formal and informal living and dining areas, providing plenty of space for entertaining, relaxing, and enjoying your favorite hobbies. A convenient main-floor bedroom sits directly next to a full bathroom, making it ideal for guests, multigenerational living, or a private home office. Upstairs, the oversized loft offers endless possibilities as a second living area, playroom, home gym, or media room. The updated kitchen features beautiful quartz countertops, a granite sink, and a newer dishwasher. A wet bar in the living room adds an extra touch of convenience for entertaining. The spacious primary suite features multiple closets and direct access to an expanded private deck showcasing beautiful mountain views. Whether you're enjoying your morning coffee or watching the Nevada sunsets, this elevated outdoor space is the perfect place to unwind. The low-maintenance backyard offers privacy with no rear neighbors and features a hot tub with professionally installed electrical, a large storage shed, and an additional smaller shed along the side yard. RV parking provides extra space for your recreational vehicles, trailers, and outdoor toys. With Peavine's hiking and biking trails accessible right outside your front door, outdoor adventure is never far away! Numerous updates throughout the home provide added value and peace of mind, including laminate flooring downstairs (2017), new carpet (2019), replacement windows and sliding door (2019), quartz countertops and granite sink (2020), dishwasher (2021), water heater (2022), and fresh exterior paint (2024). An upstairs laundry room adds everyday convenience. Located just minutes from Northwest Reno's shopping, dining, parks, and amenities, this home offers a peaceful setting without sacrificing convenience. With five bedrooms, a spacious loft, multiple living areas, incredible mountain views, RV parking, and thoughtful updates throughout, this property offers the space, flexibility, and lifestyle you've been looking for!

Listed by Lisa Harrison — Dickson Realty - Caughlin

Listing Details

Status Active Under Contract
MLS # 260012899
Days on Market 10
Price/Sq Ft $287

Property History

Oct 08, 2026
Listed for sale
$695,000
Oct 16, 2026
Pending
$695,000
Property Overview
Beds 5
Baths 3.0
Sq. Ft. 2,420
Lot Size 0.14 acres
Stories 2
Year Built 1999
Property Type Single Family Residence
Subdivision Silverado Ranch Estates 5 Phase 2
APN 204-321-09
Parking
Garage Spaces 2
Total Parking 2
Parking Features Attached, Garage, Garage Door Opener, RV Access/Parking
Attached Garage Yes
Exterior & Lot
Exterior Features Rain Gutters
Lot Features Artificial Turf, Landscaped, Level, Sprinklers In Front
View Mountain(s)
Roof Composition, Pitched, Shingle
Foundation Crawl Space
Utilities & Systems
Heating Forced Air, Natural Gas
Cooling Central Air
Financial
Annual Tax $3,318
Schools
Elementary School Towles
Middle School Clayton
High School McQueen
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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

$3,500 – $5,100/yr
about $358/mo
Est. Rebuild Cost (Coverage A)
$1,016,400

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

$4,149 per month
Principal & interest
$3,514/mo
Property taxes
$277/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
$358/mo
Estimated ~$3,500–$5,100/yr — get a local broker quote for accuracy.
Down payment
20% ($139,000)
Home price
$695,000
Loan details
30-yr fixed, 6.5%
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