$953,000 Active
4865 W Lakeridge Terrace
Reno, NV 89509
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
3 Beds
·
3.0 Baths
·
3,220 Sq Ft
Virtual Tour

About This Property

Perfectly positioned on the first tee of the prestigious LakeRidge Golf Course, this exceptional residence has been beautifully reimagined with premium finishes and luxurious upgrades. Every detail has been thoughtfully selected to create a home that blends timeless elegance, modern comfort, and exceptional quality. Step into this magnificent townhome through a welcoming stamped concrete patio adorned with custom concrete planters overflowing with seasonal flowers. An oversized custom entry door sets the tone for the exceptional craftsmanship found throughout the home. The main living area flows from a skylit entry with premium tile flooring into a spacious dining area overlooking an inviting living room anchored by a stack stone fireplace and a 55-inch television that conveys with the sale. A custom granite-topped dry bar, complete with a high-efficiency wine refrigerator and custom cabinetry, makes entertaining effortless. The spacious living room opens through a wall of glass sliding doors to an enclosed garden room featuring a state-of-the-art oversized UV-lit spa that will remain with the home. The chef-inspired kitchen showcases premium Bellmont Vitrello structured laminate cabinetry, professional-grade stainless steel appliances, and a Zephyr Milano exhaust hood. Expansive countertops are finished in dramatic live-edge Shadow Storm granite and complemented by a Scuro stainless steel tile backsplash. An extraordinary pantry spans an entire wall and features abundant cabinetry with numerous pull-out shelves, ensuring everything is organized and within easy reach. The spa-inspired primary suite overlooks the golf course and offers a generous walk-in closet in addition to two secondary closets. The luxurious tile-and-granite bath features heated flooring and an oversized walk-in shower with a state-of-the-art thermostatic shower system. The second upstairs bedroom currently serves as a sophisticated home office and features a handsome queen-size Murphy bed flanked by two custom bookcases. The adjacent full bath is appointed with the same luxurious finishes as the primary bath, including a Toto toilet and a ceramic vanity inspired by the warmth and texture of Norwegian wood. Descending to the daylight lower level, you'll discover additional living space designed for both relaxation and entertaining. Unique architectural details include a custom Stodmeister Design stainless steel pony wall cap on the main level and a matching stainless steel cable railing system leading to the walkout lower level. Here you'll find a spacious second great room designed as a private home theater, complete with a fireplace, a massive 90-inch television, and a surround sound system. Guests will appreciate the granite-topped wet bar, featuring custom cabinetry, a wine refrigerator, and a built-in microwave. The lower-level en-suite bedroom provides exceptional privacy for guests or multigenerational living. Its full bath features a large tub/shower enclosure and the same distinctive hardware, designer lighting, premium tile, and granite finishes found throughout the home. Additional improvements include premium double-pane replacement windows, updated electrical wiring with Leviton Decora switches throughout, and a newly installed insulated garage door with automatic opener and two remote controls. More than a home, this is a masterfully curated living experience where every upgrade was chosen with purpose, every finish reflects exceptional craftsmanship, and every space has been designed for effortless luxury. From its premier location overlooking the first tee of LakeRidge Golf Course to the remarkable attention to detail found in every room, this residence offers a rare opportunity to own one of the community's most distinctive townhomes. Properties of this caliber seldom become available and are impossible to fully appreciate through photographs alone. Schedule your private tour today.

Listed by Jeanne Hill — LPT Realty, LLC

Listing Details

Status Active
MLS # 260009625
Days on Market 1
Price/Sq Ft $296

Property History

Jul 26, 2026
Listed for sale
$953,000
Property Overview
Beds 3
Baths 3.0
Sq. Ft. 3,220
Lot Size 0.07 acres
Stories 2
Year Built 1980
Property Type Townhouse
Subdivision Lakeridge Terrace West 4
STR Jurisdiction Washoe County
APN 023-472-17
Parking
Garage Spaces 2
Total Parking 2
Parking Features Attached, Garage, Garage Door Opener
Attached Garage Yes
Exterior & Lot
Exterior Features Dog Run, Rain Gutters
Lot Features Common Area, Greenbelt, Landscaped, Level, On Golf Course, Sprinklers In Front
View Golf Course, Meadow, Park/Greenbelt, Trees/Woods
Construction Brick
Roof Asphalt, Flat, Pitched, Tile
Foundation Crawl Space
Utilities & Systems
Heating Fireplace(s), Forced Air, Natural Gas
Cooling Central Air
Financial
Annual Tax $5,686
HOA Fee $365 / Monthly
HOA / Community Lakeridge Terrace Association
Schools
Elementary School Caughlin Ranch
Middle School Swope
High School Reno
HOA & Community
Community Amenities Landscaping, Parking, Pool
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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% ($190,600)
Home price
$953,000
Loan details
30-yr fixed, 6.5%
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