$1,450,000 Active
940 Manor Drive
Reno, NV 89509

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STR Status Unknown
5 Beds
·
3.5 Baths
·
2,948 Sq Ft
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Our data on this home

About This Property

Extensively remodeled 5-bedroom, 3.5-bath, 2,948 sq ft home on a tree-lined street in coveted Old Southwest Reno, minutes from Midtown, downtown and the Truckee River. Fresh board-and-batten siding, black-framed windows and a modern glass front door set the tone for a home that is updated inside and out. The work goes well beyond the surface: upgraded 200-amp electrical service, an EV charging outlet, new heating and cooling systems, new siding and new flooring throughout. Simply move in and enjoy. The open main living area is bright and inviting, with wide-plank floors, recessed lighting and sliders to the backyard. At its heart, the chef's kitchen features white shaker cabinetry with brass hardware, quartz counters and full-height backsplash, a custom range hood, floating wood shelves, double wall ovens, a built-in stainless refrigerator and a large waterfall island with a warm wood counter extension for casual dining. A dining nook, a cozy sitting room and a wall of pantry cabinetry add everyday function. A flexible bonus room with its own slider to the patio works well as a gym, playroom or media space. The primary suite is a true retreat, with a barn-door entry, a walk-in closet with a center island and custom built-ins, and a spa-inspired bath with a long floating double vanity, backlit mirror and oversized walk-in glass shower with tiled niches. The remaining bedrooms are generously sized and easily flex for guests, a nursery or a home office. The updated hall bath offers dual sinks, backlit mirrors and a tiled tub-shower. A laundry room with sink, quartz counters and a mudroom bench keeps things organized. Outside, the fully fenced backyard is shaded by mature trees and includes a lawn, patio and gravel seating areas ready for dining, grilling and relaxing. A 650 sq ft basement adds valuable storage and flexibility, and a 2-car garage with a wide driveway completes this turnkey Old Southwest home.

Listed by Jeff Sallan — Sierra Nevada Properties-Reno

Listing Details

Status Active
MLS # 260013203
Days on Market 2
Price/Sq Ft $492

Property History

Oct 16, 2026
Listed for sale
$1,450,000
Property Overview
Beds 5
Baths 3.5
Sq. Ft. 2,948
Lot Size 0.19 acres
Stories 2
Year Built 1962
Property Type Single Family Residence
Subdivision Newlands Manor
APN 011-293-21
Parking
Garage Spaces 2
Total Parking 6
Parking Features Garage
Attached Garage Yes
Exterior & Lot
Lot Features Level, Sprinklers In Front, Sprinklers In Rear
Roof Metal
Foundation Concrete Perimeter, Crawl Space
Utilities & Systems
Heating Forced Air, Natural Gas
Cooling Central Air
Financial
Annual Tax $4,644
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

STR analysis
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Home Insurance Estimate

Standard homeowners policy for this home

$4,200 – $6,200/yr
about $433/mo
Est. Rebuild Cost (Coverage A)
$1,238,160

Estimate from an estimated rebuild cost at standard-market rates. Not a bindable quote; get a local broker quote for accuracy.

See it in the monthly payment

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

$8,152 per month
Principal & interest
$7,332/mo
Property taxes
$387/mo
The seller's current bill, from the MLS: a Nevada bill doesn't reset when a home sells.
HOA dues
$0/mo
From MLS listing data.
Home insurance
$433/mo
Estimated ~$4,200–$6,200/yr — get a local broker quote for accuracy.
Down payment
20% ($290,000)
Home price
$1,450,000
Loan details
30-yr fixed, 6.5%
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