$1,380,000 $1,420,000 ↓ $40,000 reduced Active
5233 N Elk River Road
Reno, NV 89511

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STR Status Unknown
5 Beds
·
3.0 Baths
·
2,624 Sq Ft

Our data on this home

About This Property

Welcome to SouthWest Vistas! This exceptionally well cared for single-story home offers an impressive combination of space, upgrades, energy efficiency and outdoor living. Recent upgrades include Andersen windows in 2025-featuring the replacement of the original windows with dramatic portrait windows in the living room and formal dining room including transferable 20 year warranty. Other upgrades include new water heater, automatic window shades, new kitchen quartz countertops and all kitchen appliances, tile accents and new exterior and interior paint in 2025. Beautiful 3/4-inch plank hardwood flooring in living room, formal dining room and office have also recently been refinished. The air conditioner condenser tower has been replaced in the last five years. The house also has a electrostatic air filter (EAF) that uses a high-voltage charge to capture dust that is built into the AC/heating system A welcoming paver stone front courtyard adds curb appeal and creates an inviting outdoor sitting area. In the fenced backyard, enjoy relaxing views of the waterfall and foothills from the paver stone patio, surrounded by landscaping that creates a serene outdoor retreat. The large driveway also provides additional gated temporary RV/boat parking. Car enthusiasts and hobbyists will appreciate the enormous 4-car garage plus space, finished attic space above, along with an EV charger and dedicated sub-panel. Energy features include a massive 56-panel, approximately 12,000-watt Tesla solar array and Nest smart-home system. Additional natural light is provided by solar tubes in the laundry room and primary closet. Two refrigerators plus the washer and dryer are included. This home is located approximately 20 minutes from Mt. Rose Ski Resort and 40 minutes from Lake Tahoe which combines comfort and convenience to an outstanding Reno lifestyle.

Listed by Bradley Petersen — Nevada LFW Inc.

Listing Details

Status Active
MLS # 260010870
Days on Market 58
Price/Sq Ft $526

Property History

Aug 21, 2026
Listed for sale
$1,420,000
Oct 10, 2026
Price reduced
$1,380,000 $1,420,000 ↓ $40,000
Property Overview
Beds 5
Baths 3.0
Sq. Ft. 2,624
Lot Size 0.58 acres
Stories 1
Year Built 2000
Property Type Single Family Residence
Subdivision Southwest Vistas 3
APN 152-193-04
Parking
Garage Spaces 4
Total Parking 4
Parking Features Garage, Garage Door Opener
Attached Garage Yes
Exterior & Lot
Exterior Features None
Lot Features Other
Construction Stucco
Foundation Crawl Space, Pillar/Post/Pier
Utilities & Systems
Heating Natural Gas
Cooling Central Air
Financial
Annual Tax $5,746
HOA Fee $65 / Monthly
HOA / Community Southwest Vistas
Schools
Elementary School Lenz
Middle School Marce Herz
High School Galena
HOA & Community
Community Amenities None
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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

$3,700 – $5,500/yr
about $383/mo
Est. Rebuild Cost (Coverage A)
$1,102,080

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

$7,905 per month
Principal & interest
$6,978/mo
Property taxes
$479/mo
The seller's current bill, from the MLS: a Nevada bill doesn't reset when a home sells.
HOA dues
$65/mo
From MLS listing data.
Home insurance
$383/mo
Estimated ~$3,700–$5,500/yr — get a local broker quote for accuracy.
Down payment
20% ($276,000)
Home price
$1,380,000
Loan details
30-yr fixed, 6.5%
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