$2,200,000 Active
5940 Cour Saint Michelle
Reno, NV 89511
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
5 Beds
·
4.5 Baths
·
4,375 Sq Ft

About This Property

Enjoy captivating views of both the City/Valley and Sierras from this elegant home in Arrowcreek featuring walls of windows; perfectly positioned to capture unforgettable sunrises, colorful sunsets, and ever-changing mountain scenery. Designed for both elegant entertaining and comfortable everyday living, the thoughtfully crafted open floor plan seamlessly connects all rooms into a spectacular gathering space. Enjoy beautiful sunrises every morning from the luxurious primary suite which serves as a private, peaceful retreat. The many outdoor living spaces create the perfect setting to enjoy the valley and mountain views from the expansive paver patio, balcony or front courtyard. Located within the prestigious community of Arrowcreek, residents experience a luxury lifestyle surrounded by 3,200 acres of open space and quick access to miles of trails. Enjoy a resort-style lifestyle with 3 pools, a spa, tennis and pickleball, and beautifully maintained parks. There are optional membership opportunities at The Club at Arrowcreek featuring two championship golf courses, fitness facilities, exceptional dining and an active social calendar. Located just minutes from dining and shopping, RNO, world-class skiing and Lake Tahoe, this remarkable property offers the NV tax advantage. This is more than a home - it offers a lifestyle defined by extraordinary views, timeless elegance and one of Northern Nevada's most desirable luxury communities.

Listed by Sonja Leonard — Dickson Realty - Damonte Ranch

Listing Details

Status Active
MLS # 260008261
Days on Market 1
Price/Sq Ft $503

Property History

Jun 26, 2026
Listed for sale
$2,200,000
Property Overview
Beds 5
Baths 4.5
Sq. Ft. 4,375
Lot Size 0.37 acres
Stories 2
Year Built 2002
Property Type Single Family Residence
Subdivision Arrowcreek 16
STR Jurisdiction Washoe County
APN 152-552-08
Parking
Garage Spaces 3
Total Parking 3
Parking Features Attached, Garage, Garage Door Opener, RV Access/Parking
Attached Garage Yes
Exterior & Lot
Exterior Features Balcony, Fire Pit, Rain Gutters
Lot Features Common Area, Cul-De-Sac, Landscaped, Sloped Down, Sprinklers In Front, Sprinklers In Rear
View City, Golf Course, Mountain(s), Trees/Woods, Valley
Construction Stucco
Roof Pitched, Tile
Foundation Crawl Space
Utilities & Systems
Heating Natural Gas
Cooling Central Air
Financial
Annual Tax $7,880
HOA Fee $375 / Monthly
HOA / Community Arrowcreek HOA
Schools
Elementary School Hunsberger
Middle School Marce Herz
High School Galena
HOA & Community
Community Amenities Clubhouse, Fitness Center, Gated, Golf Course, Landscaping, 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% ($440,000)
Home price
$2,200,000
Loan details
30-yr fixed, 6.5%
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Kristina Mattson
Kristina Mattson
Broker - Owner
CA 01950662 BS.0146479.MGR

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