$1,125,000 Active
8691 Gypsy Hill Trail
Reno, NV 89523
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
3 Beds
·
3.5 Baths
·
3,056 Sq Ft

About This Property

This special home is a 'rare find' in Somersett - the wonderful floorplan is from Ryder Homes' Mountaingate community in south Reno- the winner of prestigious design awards. Only 5 of these semi-custom homes exist in Somersett and this is your chance to own one of these gems. Behind the security gate you'll come to the end of a quiet cul-de-sac overlooking amazing views of the Sierra Nevada mountains and Truckee River corridor to find this exceptional home awaiting you. Enter the front door and you'll be surprised by an enclosed interior outdoor courtyard! Here you can enjoy the beautiful seasons of the year, all protected if it gets breezy. From inside the home the floor-to-ceiling windows allow all that natural light in, and the 12' high ceilings add elegance. The "Wow" spacious kitchen will accommodate several of the cooks in the family with room to spare - you won't believe all the cabinet space! The "super-laundry-hobby-room" is like no other - space for the 2nd refrigerator, door to outside, room for crafts/hobbies or Fido's own space - this room promises to make life easier in so many ways. All bedrooms are en-suite, the office & front bedrooms have beautiful Sierra Mountain views, garage has plenty of space for all the toys.... See for yourself - a one-of-a-kind opportunity awaits. This is a "Chase Ready" home, for buyer peace of mind: home inspection has been done & minor repairs are in process, seller's home warranty in place to be assumed by buyer - there should be no surprises except for how much everyone will love it!

Listed by Ruby Schwerin — Chase International-Damonte

Listing Details

Status Active
MLS # 260008420
Price/Sq Ft $368

Property History

Jul 01, 2026
Listed for sale
$1,125,000
Property Overview
Beds 3
Baths 3.5
Sq. Ft. 3,056
Lot Size 0.37 acres
Stories 1
Year Built 2010
Property Type Single Family Residence
STR Jurisdiction Washoe County
APN 234-631-15
Parking
Garage Spaces 3
Total Parking 3
Parking Features Attached, Garage, Garage Door Opener
Attached Garage Yes
Exterior & Lot
Exterior Features Rain Gutters, None
Lot Features Common Area, Cul-De-Sac, Landscaped, Level, Sloped Up, Sprinklers In Front, Sprinklers In Rear
View Mountain(s), Trees/Woods, Valley
Construction Stucco
Roof Pitched, Tile
Foundation Crawl Space
Utilities & Systems
Heating Electric, Forced Air, Natural Gas
Cooling Central Air, Electric
Financial
Annual Tax $7,094
HOA Fee $206 / Monthly
HOA / Community Somersett Homeowners Assoc.
Schools
Elementary School Westergard
Middle School Billinghurst
High School McQueen
HOA & Community
Community Amenities Clubhouse, Fitness Center, Management, Pool, Sauna, 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% ($225,000)
Home price
$1,125,000
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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