$715,000 $725,000 ↓ $10,000 reduced Active
4881 W Lakeridge Terrace
Reno, NV 89509

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STR Status Unknown
3 Beds
·
2.0 Baths
·
2,008 Sq Ft
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Our data on this home

About This Property

New Property Updates now complete (roof and basement). Experience scenic fairway living with quiet sophistication in the established Lakeridge Terrace West community of Southwest Reno. Overlooking the lush fairways of Lakeridge Golf Course, this thoughtfully refreshed three bedroom, two bathroom residence offers 2,008 square feet of generous living space, abundant natural light, and beautiful golf course and greenbelt views. Expansive windows create a bright, welcoming atmosphere throughout the main living areas. The spacious living room features hardwood flooring, a fireplace, and direct access to a private balcony overlooking the fairways. An adjoining dining area flows naturally into the kitchen, featuring warm wood cabinetry, granite countertops, stainless steel appliances, and a functional layout designed for everyday living and entertaining. The generous primary suite includes a walk in closet and ensuite bath, while two additional bedrooms offer flexibility for guests, family, or a home office. Thoughtful improvements include fresh interior paint, updated lighting and electrical improvements, a new front entry door, skylight, dishwasher, kitchen faucet, refreshed landscaping, and a newly replaced garage roof featuring CertainTeed Landmark TL composition shingles. Beyond the home's 2,008 square feet of living area, an approximately 800 square foot full height lower level with separate exterior access offers substantial storage and utility space. Recent improvements include a new vapor barrier, exhaust fan, painted floor, and an interior access door to the utility area. Ideally located near Midtown, shopping, dining, medical facilities, Reno Tahoe International Airport, and year round recreation, this residence brings together scenic golf course living, generous interiors, and the convenience of an established Southwest Reno location.

Listed by Benna Mountain Luxury Real Estate — Sierra Sotheby's International

Listing Details

Status Active
MLS # 260010106
Days on Market 91
Price/Sq Ft $356

Property History

Aug 05, 2026
Listed for sale
$725,000
Sep 23, 2026
Price reduced
$698,000 $725,000 ↓ $27,000
Oct 28, 2026
Price increased
$715,000 $698,000 ↑ $17,000
Property Overview
Beds 3
Baths 2.0
Sq. Ft. 2,008
Lot Size 0.07 acres
Stories 1
Year Built 1981
Property Type Condominium
Subdivision Lakeridge Terrace West 4
APN 023-472-13
Parking
Garage Spaces 2
Total Parking 3
Parking Features Attached, Garage, Garage Door Opener
Attached Garage Yes
Exterior & Lot
Exterior Features None
Lot Features Greenbelt, Landscaped, Level, On Golf Course, Sprinklers In Front, Sprinklers In Rear
View Golf Course, Park/Greenbelt, Trees/Woods
Construction Brick
Roof Composition, Flat, Pitched, Shingle
Foundation Crawl Space, Slab
Utilities & Systems
Heating Electric, Fireplace(s), Forced Air, Natural Gas
Cooling Central Air
Financial
Annual Tax $3,089
HOA Fee $365 / Monthly
HOA / Community Lakeridge Terrace Association
Schools
Elementary School Huffaker
Middle School Pine
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

STR analysis
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PROJECTED GROSS ANNUAL REVENUE
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Home Insurance Estimate

Standard homeowners policy for this home

$2,000 – $3,000/yr
about $208/mo
Est. Rebuild Cost (Coverage A)
$602,400

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

$4,445 per month
Principal & interest
$3,615/mo
Property taxes
$257/mo
The seller's current bill, from the MLS: a Nevada bill doesn't reset when a home sells.
HOA dues
$365/mo
From MLS listing data.
Home insurance
$208/mo
Estimated ~$2,000–$3,000/yr — get a local broker quote for accuracy.
Down payment
20% ($143,000)
Home price
$715,000
Loan details
30-yr fixed, 6.5%
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