$1,750,000 Active
525 Piney Creek Road
Reno, NV 89511
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
4 Beds
·
3.0 Baths
·
3,533 Sq Ft

About This Property

Welcome to Galena Forest living at its best. Set on a private 0.625-acre lot surrounded by towering pines, this move-in-ready 4-bedroom, 3-bath home offers 3,533 square feet of thoughtfully updated living space in one of South Reno's most desirable communities. Recent upgrades include a brand-new roof, new skylights, fresh interior and exterior paint, and a newly refinished deck, allowing buyers to enjoy the home with confidence from day one. Inside, the updated kitchen opens to spacious living and dining areas, creating a warm and inviting atmosphere for gathering, entertaining, or simply enjoying everyday life. The flexible floor plan features a main-level primary suite, multiple living spaces, and room for a home office, gym, hobby space, or guest quarters. Large windows frame forest views throughout, while the expansive lot provides the privacy and serenity Galena Forest is known for. Located just minutes from Mt. Rose Highway, Lake Tahoe, shopping, dining, golf, and countless outdoor recreation opportunities, this property offers the best of mountain living with convenient access to everything South Reno has to offer.

Listed by Megan Swetech — LPT Realty, LLC

Listing Details

Status Active
MLS # 260007576
Days on Market 1
Price/Sq Ft $495

Property History

Jun 12, 2026
Listed for sale
$1,750,000
Property Overview
Beds 4
Baths 3.0
Sq. Ft. 3,533
Lot Size 0.63 acres
Stories 2
Year Built 1993
Property Type Single Family Residence
Subdivision Galena Forest Estates 2E Phase 4
STR Jurisdiction Washoe County
APN 047-114-24
Parking
Garage Spaces 3
Total Parking 3
Parking Features Attached, Electric Vehicle Charging Station(s), Garage, Garage Door Opener
Attached Garage Yes
Exterior & Lot
Exterior Features Built-in Barbecue
Lot Features Gentle Sloping, Landscaped, Sprinklers In Front, Sprinklers In Rear
View Trees/Woods
Construction Stone
Roof Composition, Shingle
Foundation Crawl Space
Utilities & Systems
Heating Forced Air, Heat Pump, Propane
Cooling Central Air
Financial
Annual Tax $7,145
HOA Fee $330 / Annually
HOA / Community Galena Forest Estates HOA
Schools
Elementary School Hunsberger
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

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% ($350,000)
Home price
$1,750,000
Loan details
30-yr fixed, 6.5%
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Kristina Mattson
Kristina Mattson
Broker - Owner
CA 01950662 BS.0146479.MGR
530.613.5207

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