$940,000 Active
5440 Cypress Point Drive
Reno, NV 89502
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
3 Beds
·
2.5 Baths
·
2,384 Sq Ft
Virtual Tour

About This Property

Some homes simply check the boxes. 5440 Cypress Point Drive creates a lifestyle. Nestled along the fairways of Hidden Valley Country Club, this exceptional single-story ranch home offers the perfect blend of timeless elegance, everyday comfort, and an outdoor setting that feels like your own private resort. From morning coffee in the sunroom overlooking the lush backyard to evenings spent around the patio with family and friends, every space has been designed to be lived in and loved. The moment you arrive, the impressive curb appeal sets the tone with a beautiful paver driveway, RV parking, and an oversized four-car tandem garage. Golf enthusiasts will appreciate one of the home's most unique features: pull-through garage doors that allow you to drive your golf cart directly from the garage, through the backyard, and onto the Hidden Valley Country Club golf course. Even with this incredible location, the owners have never found a golf ball on the property, offering the best of golf course living without the worry. Inside, natural light pours through the home, highlighting the spacious, thoughtfully designed floor plan. At the heart of the home is an expansive kitchen featuring rich maple cabinetry, granite countertops, generous prep space, two wine refrigerators, and room for everyone to gather. Whether you're hosting holiday dinners or casual weekend brunches, the kitchen flows effortlessly into multiple dining spaces, including a charming sunroom surrounded by windows and beautiful backyard views. The inviting living room is anchored by a cozy fireplace and stunning custom built-ins, creating a warm space to relax after a long day. The luxurious primary suite becomes your own private retreat with a second fireplace, a spa-inspired bathroom finished with travertine tile, maple cabinetry, and a jetted Jacuzzi tub. Designed with both comfort and practicality in mind, the home offers three spacious bedrooms plus a dedicated office, two and a half bathrooms, an incredible amount of storage with two attic storage areas, and the convenience of single-story living with no stairs. Step outside and you'll quickly discover what truly makes this home unforgettable. The backyard is nothing short of spectacular—a peaceful sanctuary with mature trees, vibrant rose gardens, a beautiful pergola, expansive paver patio, and thoughtfully designed outdoor living spaces that create the perfect setting for everything from intimate evenings to unforgettable summer parties. Every corner invites you to slow down, entertain, and enjoy the beauty that surrounds you. Additional highlights include two storage sheds, a 220-volt outlet next to the RV parking, abundant storage throughout, and the freedom of no HOA. Homes offering this combination of luxury, functionality, privacy, and direct golf course access rarely become available. More than just a beautiful property, 5440 Cypress Point Drive is the kind of home where memories are made for years to come.

Listed by Lisa Harrison — Dickson Realty - Caughlin

Listing Details

Status Active
MLS # 260009793
Price/Sq Ft $394

Property History

Jul 30, 2026
Listed for sale
$940,000
Property Overview
Beds 3
Baths 2.5
Sq. Ft. 2,384
Lot Size 0.41 acres
Stories 1
Year Built 1977
Property Type Single Family Residence
STR Jurisdiction Washoe County
APN 051-241-10
Parking
Garage Spaces 4
Total Parking 4
Parking Features Attached, Garage, Garage Door Opener, RV Access/Parking
Attached Garage Yes
Exterior & Lot
Exterior Features Multiple Entry Flat or Ramped, Rain Gutters, RV Hookup
Lot Features Landscaped, Level, On Golf Course, Sprinklers In Front, Sprinklers In Rear
View Golf Course, Mountain(s), Trees/Woods
Roof Tile
Foundation Crawl Space
Utilities & Systems
Heating Forced Air, Natural Gas
Cooling Central Air
Financial
Annual Tax $2,859
Schools
Elementary School Hidden Valley
Middle School Pine
High School Wooster
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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% ($188,000)
Home price
$940,000
Loan details
30-yr fixed, 6.5%
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