$5,250,000 $54,990,000 ↓ $49,740,000 reduced Active Under Contract
518 Socorro Court
Reno, NV 89511
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
5 Beds
·
5.5 Baths
·
6,777 Sq Ft

About This Property

Experience the pinnacle of modern luxury in this 2025 custom ArrowCreek masterpiece. Pristine and flawlessly designed, this estate offers breathtaking, unobstructed city, valley, and mountain views. The expansive main level is optimized for convenient single-level living, showcasing soaring ceilings and stacking patio sliders that create a seamless indoor-outdoor flow.Entertain on a grand scale in the chef's kitchen, featuring dual massive islands, solid walnut cabinetry, and an adjoining wet bar with a temperature-controlled wine wall. Step out onto the 750 SF deck complete with porcelain pavers, a natural gas fire table, and a built-in BBQ. The primary suite is a private sanctuary, boasting a spa-like bath with heated floors, a towel warmer, a zero-threshold shower, and custom closets. An additional main-level ensuite bedroom is currently utilized as a gorgeous office space.The spectacular walk-out lower level serves as a phenomenal secondary living and entertainment zone. It features a spacious game room, a gorgeous wet bar, a secondary kitchenette, a second laundry room, and three private ensuite bedrooms.No expense was spared in this build, featuring 9.5" French white oak floors, Hubbardton Forge lighting, Hansgrohe fixtures, and Thermador appliances (4 refrigerators, 3 dishwashers, built-in espresso). The oversized garage features premium epoxy floors and a 240V EV charging station, cleared for winter by a premium heated driveway.

Listed by Ann Mudd — Chase International - ZC

Listing Details

Status Active Under Contract
MLS # 260008908
Days on Market 45
Price/Sq Ft $775

Property History

Jul 12, 2026
Listed for sale
$54,990,000
Jul 28, 2026
Price reduced
$5,250,000 $5,499,000 ↓ $249,000
Aug 13, 2026
Pending
$5,250,000

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
May 2025 $4,565,000 Kyle O'BrienDickson Realty - Damonte Ranch Ann MuddChase International - ZC

MLS closed sales, with duplicate ingestions collapsed and lease records excluded, so each row is a distinct transaction. Rows marked county record come from the assessor's deed data, which reaches back further than the MLS feed.

Property Overview
Beds 5
Baths 5.5
Sq. Ft. 6,777
Lot Size 0.83 acres
Stories 2
Year Built 2025
Property Type Single Family Residence
Subdivision Arrowcreek 11
STR Jurisdiction Washoe County
APN 152-220-26
Parking
Garage Spaces 3
Total Parking 3
Parking Features Attached, Garage, Heated Driveway
Attached Garage Yes
Exterior & Lot
Exterior Features Built-in Barbecue, Dog Run, Fire Pit, Rain Gutters
Lot Features Cul-De-Sac, Landscaped, Sloped Down, Sprinklers In Front, Sprinklers In Rear
View City, Mountain(s), Valley
Construction Insulation - Batts, Fiber Cement, Stucco
Roof Metal, Pitched
Foundation Crawl Space, Slab
Utilities & Systems
Heating ENERGY STAR Qualified Equipment, Forced Air, Natural Gas, Radiant Floor
Cooling Central Air, ENERGY STAR Qualified Equipment, Wall/Window Unit(s)
Financial
Annual Tax $49,417
HOA Fee $389 / Monthly
HOA / Community Associa Sierra North
Schools
Elementary School Hunsberger
Middle School Marce Herz
High School Galena
HOA & Community
Community Amenities Fitness Center, Gated, Golf Course, Pool, Security, Spa/Hot Tub, Tennis Court(s)
📊

STR Investment Analysis

See projected rental revenue, occupancy rates, and investment scores.

STR Investment Analysis

Permitted Zone
STRUCTURAL SCORE Excellent
87
PROJECTED GROSS ANNUAL REVENUE
$118K – $167K typically ~$142,500
~$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% ($1,050,000)
Home price
$5,250,000
Loan details
30-yr fixed, 6.5%
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