$550,000
Active Under Contract
5715 Nordend Way
Reno, NV 89511
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
About This Property
Enjoy breathtaking Sierra Mountain views from this superb Montreux homesite, backing to a common area with no rear neighbors. No time requirement to build. Located in the Chalet neighborhood of Northern Nevada's premier gated Country Club community, Montreux, featuring a Jack Nicklaus Signature golf course. This lot is ideally situated and walking distance to the club, fitness center, and golf course. Close to the Montreux secured gate. Underground utilities at the site include natural gas, county water/sewer, electricity, telephone, and cable TV. A 'Chalet' style home would be an expectation by the ARC. Initial floorplan for a single level 3,085 SF home included.
Listed by Sullivan Neal Luxury Real Estate — Dickson Realty - Montreux
Listing Details
Status
Active Under Contract
MLS #
260008959
Property History
Jul 14, 2026
Listed for sale
$550,000
Current
Pending
$550,000
Property Overview
Lot Size
0.40 acres
Property Type
Land
Subdivision
Montreux 10
STR Jurisdiction
Washoe County
APN
148-172-02
Exterior & Lot
Lot Features
Greenbelt, Sloped Up
View
Trees/Woods
Financial
Annual Tax
$1,982
HOA Fee
$1,600 / Quarterly
HOA / Community
Montreux HOA
Schools
Elementary School
Hunsberger
Middle School
Marce Herz
High School
Galena
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% ($110,000)
Home price
$550,000
Loan details
30-yr fixed, 6.5%
