$2,730,000 Active Under Contract
66 Caballada Street
Reno, NV 89511
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
3 Beds
·
3.5 Baths
·
3,361 Sq Ft

About This Property

Experience elevated living in this exceptional penthouse villa, the largest floor plan in the community, showcasing breathtaking panoramic views of the city lights and Eastern Foothills from a spectacular rooftop terrace overlooking the majestic The Club at Rancharrah. Spanning approximately 3,361 square feet, this 2023-built luxury residence offers 3 spacious bedrooms, each with en-suite baths and walk-in closets, along with a private elevator, formal office, chef's kitchen, and expansive living and entertaining areas designed to enhance everyday living. Thoughtfully crafted with meticulous attention to detail, the open-concept interiors feature soaring 10+ foot ceilings, premium Thermador appliances, quartz countertops, custom cabinetry, under-cabinet lighting, Kohler Purist matte black fixtures, a sleek linear fireplace, spa-inspired walk-in showers, and a Kohler freestanding soaking tub. Designer upgrades continue throughout, including architectural ceiling treatments, motorized window coverings, integrated audio-visual systems, and high-end finishes rarely found in new construction. Offering a true lock-and-leave luxury resort lifestyle, this low-maintenance home combines sophisticated comfort with a prime central location and access to exceptional amenities, all within a 24-hour guard-gated community.

Listed by Hai Ying Liao — Dickson Realty - Caughlin

Listing Details

Status Active Under Contract
MLS # 250052199
Days on Market 315
Price/Sq Ft $812

Property History

Jun 27, 2025
Listed for sale
$2,730,000
Current
Pending
$2,730,000
Property Overview
Beds 3
Baths 3.5
Sq. Ft. 3,361
Lot Size 0.08 acres
Stories 3
Year Built 2023
Property Type Condominium
Subdivision Rancharrah Village 4
APN 226-162-14
Parking
Garage Spaces 2
Total Parking 2
Parking Features Additional Parking, Attached, Electric Vehicle Charging Station(s), Garage, Garage Door Opener
Attached Garage Yes
Exterior & Lot
Exterior Features Balcony, Fire Pit
Lot Features Other
View City, Mountain(s), Park/Greenbelt
Construction Unknown
Foundation Slab
Utilities & Systems
Heating Electric, ENERGY STAR Qualified Equipment
Cooling Central Air, ENERGY STAR Qualified Equipment
Financial
Annual Tax $12,386
HOA Fee $220
HOA / Community The Villas at Rancharrah
Schools
Elementary School Huffaker
Middle School Pine
High School Reno
HOA & Community
Community Amenities Clubhouse, Elevator(s), Fitness Center, Gated, Landscaping, Life Guard, Management, Parking, Pool, Recreation Room, Sauna, Security, Spa/Hot Tub
📊

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
Home insurance
$0
Estimate only — wildfire zone rates vary. Contact a local broker for an accurate quote.
Down payment
20% ($546,000)
Home price
$2,730,000
Loan details
30-yr fixed, 6.5%
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Murat Gocmen
Murat Gocmen
Managing Broker
CA DRE# 02235314 NV B.1003327.LLC

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