$2,795,000 Active
755 Sky Canyon Drive
Reno, NV 89510
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
5 Beds
·
5.0 Baths
·
3,679 Sq Ft

About This Property

Set on over 41.5 acres at the end of the road, this private compound commands 180-degree western views — rolling mountains, distant city lights, and picture-worthy sunsets as a daily event. Up the paved drive through the automatic gate, the compound rises from the hillside in true pueblo form: charcoal stucco, projecting vigas, arched portals and cedar-wrapped parapet walls around the entry courtyard. Neighboring estates are hidden by terrain. Remarkably, it sits less than ten minutes from Spanish Springs and under fifteen to shopping, dining and medical. Built in 1998 and rebuilt in every meaningful way over the last two years — over $1.5M in improvements with a complete plan set — the 4-bed, 4-bath main home is southwestern in bones and thoroughly modern in execution: white plaster, exposed beams and black-framed glass capturing the landscape in every direction. At the center of the great room stands a sculpted kiva fireplace with built-in banco and wood-fired pizza oven, beneath beams spanning the full length of the space. Polished concrete floors run throughout with radiant heat. The kitchen has been expanded and reimagined — an oversized waterfall island in leathered quartzite, natural maple cabinetry above charcoal below, a black-and-champagne gold ZLine range with six burners and dual griddle, double oven, warming drawer, walk-in pantry, and a farmhouse sink beneath a view window that pans open to the yard. Full-height accordion sliders open the dining area to the back patio, lawn and stone path to the chicken coop. The newly constructed primary wing is the centerpiece, and no expense was spared. Its own corner hearth anchors the bedroom, where a wall of folding glass opens to the patio and hills beyond. The walk-in closet is a room in its own right — center island with storage drawers, custom racks, cabinetry, built-in seating and a mini fridge — connecting directly to the primary bath. That bath holds radiant heat, an oversized glass steam shower with double heads, a freestanding soaking tub beneath a view window, dual vanities, heated towel rack and a Dutch door to the courtyard. Throughout: custom European hardware and switches, automatic blinds, all-new windows and doors, hydronic in-floor heat plus two forced-air furnaces with AC, and an engineered EPDM commercial roof. A second full bath with double vanities and Dutch door serves the living area; the finished lower level adds a full bath, laundry and wine fridge, with room for a gym, media room or office. Two upgraded bedrooms and full bath occupy the upper level. Just off the front door, a steel-lined mudroom with sink and dog wash previews the detail found throughout. Outside, a stamped concrete courtyard with fire pit, built-in bench and firewood niche sits between the wings, and a timber pergola with swinging bench anchors the circular drive. Lawn, mature trees and drip-irrigated grounds surround the compound. A permitted casita — two bedrooms, one bath, full kitchen with stainless appliances, new tongue-and-groove hardwood, its own heat and AC — is self-contained on 200-amp service. Approximately 4,600 sq ft across two residences. Water was built for redundancy: strong domestic well, whole-property reverse osmosis ahead of both homes, and two 2,500-gallon auto-filling tanks feeding irrigation by gravity and pump. An automated whole-home generator on two oversized propane tanks carries both residences. Outbuildings include utility garages, a screened 40-foot container, a covered garden with washing station, and a chicken coop with powered door and predator-proof fencing. Ample flat ground remains for a future shop. Also: Ubiquiti 4K surveillance, dual Starlink with WiFi access points, two RV hookups, heated snowmelt pads, fire break roads, and two seasonal waterfalls in the canyon along the north end. Beyond, the back forty opens to hiking, biking and riding trails. Southwestern character meets luxury, comfort and efficiency. Schedule

Listed by Morgan Nevin — Far West Real Estate LLC

Listing Details

Status Active
MLS # 260010939
Price/Sq Ft $760

Property History

Aug 23, 2026
Listed for sale
$2,795,000
Property Overview
Beds 5
Baths 5.0
Sq. Ft. 3,679
Lot Size 41.69 acres
Stories 3
Year Built 1998
Property Type Single Family Residence
STR Jurisdiction Washoe County
APN 076-190-21
Parking
Garage Spaces 1
Total Parking 10
Parking Features Additional Parking, Garage, Parking Pad, RV Access/Parking
Attached Garage Yes
Exterior & Lot
Exterior Features Fire Pit, Rain Gutters, RV Hookup
Lot Features Landscaped, Level, Rolling Slope, Sloped Up, Sprinklers In Rear, Other
View City, Mountain(s), Peek, Valley
Construction Stucco
Roof Flat, Membrane
Foundation Slab
Utilities & Systems
Heating Fireplace(s), Forced Air, Propane, Radiant, Radiant Floor
Cooling Central Air
Financial
Annual Tax $9,793
Schools
Elementary School Spanish Springs
Middle School Shaw Middle School
High School Spanish Springs
📊

STR Investment Analysis

See projected rental revenue, occupancy rates, and investment scores.

STR Investment Analysis

Permitted Zone
STRUCTURAL SCORE Excellent
87
PROJECTED GROSS ANNUAL REVENUE
$118K – $167K typically ~$142,500
~$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% ($559,000)
Home price
$2,795,000
Loan details
30-yr fixed, 6.5%
Request a Tour

We'll contact you soon.

R
Real Estate Tahoe
Real Estate Agent

Send a Message