$3,333,000 Active
55 Hidden Lake Drive
Reno, NV 89521
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
6 Beds
·
7.5 Baths
·
6,338 Sq Ft

About This Property

Hidden Lake offers one of Northern Nevada's most distinctive luxury lifestyles. Home to only ten custom waterfront estates, this private gated community is centered around a championship waterski and wakeboard lake where boating, wake surfing, paddle boarding, kayaking, and evenings on the water become part of everyday life. Just minutes from The Summit, Reno Tahoe International Airport, and Lake Tahoe, it is a setting that feels private without sacrificing convenience. Set on 2.35 private acres, the Hidden Lakefront estate including an over-water guest retreat offers the space, privacy, and setting of with true waterfront elegance. Recently refreshed with a full interior repaint and updated designer lighting, and refreshed dock the home blends timeless craftsmanship with a bright, contemporary feel while expansive windows frame beautiful lake and mountain views throughout. Designed for gathering, the 6,338 square foot residence offers generous living spaces that flow effortlessly from the chef's kitchen to the dining and great rooms, creating an ideal setting for entertaining or simply enjoying everyday life on the lake. The thoughtful floor plan includes 6 bedrooms and 8 bathrooms, providing exceptional flexibility for extended family, overnight guests, multigenerational living, or dedicated office and recreation spaces. Outdoor living is where the property truly comes to life. Multiple patios, mature landscaping, and a heated swimming pool surround the home, while a private dock provides immediate access to Hidden Lake. One of the property's most distinctive features is the over-water guest retreat, complete with a kitchen, bathroom, and direct dock access. Whether welcoming extended family, hosting long term guests, or creating an unforgettable waterfront entertaining space, it offers a rare amenity that is seldom found in Northern Nevada. Whether your passion is boating, collector automobiles, or outdoor recreation, the attached 5 car garage, oversized detached RV garage, and generous additional parking provide exceptional flexibility for boats, recreational vehicles, collector cars, and all the equipment that complements an active lakefront lifestyle. More than a luxury residence, 55 Hidden Lake Drive is an opportunity to own one of Northern Nevada's most unique waterfront estates, where privacy, recreation, and timeless design come together to create a legacy property unlike any other.

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

Listing Details

Status Active
MLS # 260009103
Days on Market 1
Price/Sq Ft $526

Property History

Jul 16, 2026
Listed for sale
$3,333,000
Property Overview
Beds 6
Baths 7.5
Sq. Ft. 6,338
Lot Size 2.35 acres
Stories 2
Year Built 1994
Property Type Single Family Residence
STR Jurisdiction Washoe County
APN 017-330-75
Parking
Garage Spaces 7
Total Parking 20
Parking Features Garage
Attached Garage Yes
Exterior & Lot
Exterior Features Boat Slip, Built-in Barbecue, Fire Pit, Outdoor Kitchen, Rain Gutters, RV Hookup
Lot Features Adjoins Lake, Landscaped, Level, Sprinklers In Front, Sprinklers In Rear
Construction Brick
Roof Composition, Shingle
Foundation Crawl Space, Full Perimeter, Pillar/Post/Pier, Slab
Pool & Spa
Pool Heated, In Ground, Outdoor Pool
Utilities & Systems
Heating Forced Air, Natural Gas
Cooling Central Air
Financial
Annual Tax $16,753
HOA Fee $337 / Monthly
HOA / Community Hidden Lake Homeowners Association
Schools
Elementary School Pleasant Valley
Middle School Marce Herz
High School Galena
HOA & Community
Community Amenities Gated, Landscaping, Parking, Security, Ski Accessible
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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% ($666,600)
Home price
$3,333,000
Loan details
30-yr fixed, 6.5%
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