$1,345,000 $1,449,000 ↓ $104,000 reduced Active
5535 Dapplegray Way
Reno, NV 89511
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
4 Beds
·
3.5 Baths
·
2,811 Sq Ft
Virtual Tour

About This Property

Experience immediate luxury living in this pristine, rarely occupied "Essex Elite" residence within Rancharrah—Reno's premier 24-hour manned gated community. Sold fully furnished with designer Restoration Hardware pieces, this turnkey estate boasts over 420k in premium builder upgrades and high-end decor.The highly functional layout features 4 bedrooms, a dedicated office, and 3.5 baths. Intentionally designed interiors showcase custom lighting, tailored window treatments, and an unused, state-of-the-art JennAir appliance suite. The living space seamlessly transitions outdoors to a beautifully finished patio with fresh landscaping and low-maintenance turf.Located just a short stroll from boutique retail and dining at The Village at Rancharrah. Residents enjoy exclusive, member-only access to the historic Rancharrah Mansion, featuring a private restaurant, bar, fitness center, pool, full-service spa, and bocce courts. Lock-and-leave perfection in an unmatched location. Schedule your private tour today!

Listed by Ann Mudd — Chase International - ZC

Listing Details

Status Active
MLS # 260001053
Days on Market 194
Price/Sq Ft $478

Property History

Jan 30, 2026
Listed for sale
$1,345,000
Jun 22, 2026
Price changed
$1,345,000
Property Overview
Beds 4
Baths 3.5
Sq. Ft. 2,811
Lot Size 0.14 acres
Stories 2
Year Built 2022
Property Type Single Family Residence
Subdivision Rancharrah Village 6A
STR Jurisdiction Washoe County
APN 226-103-09
Parking
Garage Spaces 2
Total Parking 2
Parking Features Attached, Garage, Garage Door Opener
Attached Garage Yes
Exterior & Lot
Exterior Features None
Lot Features Corner Lot, Landscaped, Level, Sprinklers In Front, Sprinklers In Rear
View Mountain(s)
Construction Insulation - Batts, Insulation - Blown-In, Stone Veneer, Stucco
Roof Composition, Pitched, Shingle
Foundation Slab
Utilities & Systems
Heating Forced Air, Natural Gas
Cooling Central Air
Financial
Annual Tax $7,775
HOA Fee $220 / Monthly
HOA / Community Rancharrah
Schools
Elementary School Huffaker
Middle School Pine
High School Reno
HOA & Community
Community Amenities Clubhouse, Fitness Center, Gated, Life Guard, Pool, Security, Spa/Hot Tub, Tennis Court(s)
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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% ($269,000)
Home price
$1,345,000
Loan details
30-yr fixed, 6.5%
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