$1,999,999 Active
581 Ridge Street
Reno, NV 89501
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
4 Beds
·
3.0 Baths
·
3,662 Sq Ft
Virtual Tour

About This Property

Gracefully set in the storied Newlands Heights neighborhood, the Benham House is a rare blend of architectural heritage and modern luxury. Designed in 1930 by Nevada's famed architect Frederic DeLongchamps, this Tudor Revival estate remains one of the region's most iconic residences—celebrated for its timeless character, handcrafted detail, and enduring craftsmanship. This home's kitchen, bathrooms, electrical and landscaping, all updated to modern standards, now presents itself with a whole house three-zone air conditioning system and refinished wood floors, elevating this historic treasure for a new generation of living. From the moment you arrive, the home's pedigree is unmistakable. Steep roof lines and artisan detailing set the stage for what unfolds inside. Through the arched entry, the living room feels almost cinematic—an expansive, sunwashed space anchored by a sculptural fireplace. Original millwork and rich textured walls create an atmosphere both intimate and grand, ideal for elegant gatherings or quiet evenings by the fire. The kitchen is a triumph of luxury and performance. At its heart stands a La Cornue range and hood, transforming everyday cooking into a elevated culinary experience. Custom cabinetry and curated finishes honor the home's historic soul while delivering modern convenience. A main floor en-suite bedroom offers comfort and privacy for guests, featuring an original art deco bathroom and a large double entry walk-in closet. Downstairs, a cleverly concealed "speakeasy", complete with independently controlled wine and beverage chillers, invites late night refreshment or quiet conversation. As you climb the dramatic staircase, you will discover three generous bedrooms. The primary suite is a sanctuary of calm and seclusion, elegance and romance. In the completely renovated spa bath, choose between a standalone soaking tub or a stylish walk-in shower while enjoying heated floors and a separate water closet outfitted with a fully automated Toto bidet system. The two additional rooms each offer large walk-in closets (one cedar-lined) and charming ceiling lines that inspire the creative use as nursery, office, entertainment room, or guest space. The home's outdoor living areas extend its luxury into the exquisitely lighted landscape and open air. Relax to the bubbling sound of a three-tiered fountain in the secluded side courtyard or unwind in the evening near the built-in gas fire pit beneath the starry skies of Reno's original Southwest. From 1930 and it's beautiful beginning as the Benham house, to it's 1993 remodel completed in historical harmony with a set of original house plans (found behind a locked drawer in the linen closet), you can see why this house won the first City of Reno Historical Resources Residential Preservation Award in 1997. This is your exclusive invitation to own a definitive piece of Reno history.

Listed by Christianne O'Malley — Dickson Realty - Damonte Ranch

Listing Details

Status Active
MLS # 260010340
Price/Sq Ft $546

Property History

Aug 11, 2026
Listed for sale
$1,999,999

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Jun 2026 $1,845,000 Tyler BarretteSierra Sotheby's International Christianne O'MalleyDickson Realty - Damonte Ranch

MLS closed sales, with duplicate ingestions collapsed and lease records excluded, so each row is a distinct transaction. Rows marked county record come from the assessor's deed data, which reaches back further than the MLS feed.

Property Overview
Beds 4
Baths 3.0
Sq. Ft. 3,662
Lot Size 0.23 acres
Stories 2
Year Built 1930
Property Type Single Family Residence
Subdivision Newlands Heights
STR Jurisdiction Washoe County
APN 011-141-11
Parking
Garage Spaces 1
Total Parking 3
Parking Features Detached, Garage, Garage Door Opener, Parking Pad
Attached Garage Yes
Exterior & Lot
Exterior Features Fire Pit
Lot Features Landscaped, Level, Sprinklers In Front, Sprinklers In Rear
View Trees/Woods
Construction Brick
Roof Composition, Pitched, Shingle
Foundation Crawl Space
Utilities & Systems
Heating Electric, ENERGY STAR Qualified Equipment, Fireplace(s), Natural Gas, Radiant, Radiant Floor
Cooling Central Air, Electric, ENERGY STAR Qualified Equipment
Financial
Annual Tax $3,599
Schools
Elementary School Beck
Middle School Swope
High School Reno
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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% ($400,000)
Home price
$1,999,999
Loan details
30-yr fixed, 6.5%
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