$2,600,000 Active
10 Franktown Court
Washoe Valley, NV 89704
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
4 Beds
·
3.5 Baths
·
4,117 Sq Ft

About This Property

There is a certain quiet that only comes with real privacy ? and this estate delivers it in abundance! Set behind a gated entrance in the exclusive Franktown Road / Lightning W Ranch enclave, this 2021-built residence commands 5.46 acres of towering pine, offering the kind of seclusion that has become nearly impossible to find so close to Reno, Lake Tahoe, and Carson City. Architecturally, the home makes its intentions clear from the moment you arrive. Twenty-foot ceilings and a monumental wall of glass frame the surrounding mountains as living art, flooding the interior with natural light throughout the day. A private elevator moves you effortlessly between all levels ? a detail more often found in penthouses than mountain estates. A fully appointed in-law suite, complete with its own separate entrance, provides discreet accommodations for guests, or extended family without compromising the privacy of the main residence. Step outside and the estate continues to impress. A gas fire pit anchors the outdoor living area, made for cool mountain evenings under a canopy of stars, while a built-in barbecue kitchen turns al fresco entertaining into an effortless affair. Tucked privately on the grounds, a dedicated hot tub outbuilding offers a secluded retreat all its own ? the perfect place to unwind, surrounded by pine and mountain silence. For the enthusiast, the attached five-car garage is a rare offering in this market ? ample space for an automotive collection, recreational equipment, or additional storage ? with separate RV parking options for those who move between the mountains and the lake with ease. Beyond the gates, the setting is equally considered: minutes from Reno, Carson City, and Lake Tahoe, this is not simply a home; it is a private sanctuary for those who measure luxury in space, silence, and the ability to disappear into the landscape while remaining moments from everything Reno-Tahoe has to offer!

Listed by Brent Copeland — LPT Realty, LLC

Listing Details

Status Active
MLS # 260009499
Price/Sq Ft $632

Property History

Jul 24, 2026
Listed for sale
$2,600,000
Property Overview
Beds 4
Baths 3.5
Sq. Ft. 4,117
Lot Size 5.46 acres
Stories 2
Year Built 2021
Property Type Single Family Residence
Subdivision Lightning 'W' Ranch Pines
STR Jurisdiction Washoe County
APN 055-210-09
Parking
Garage Spaces 5
Total Parking 11
Parking Features Additional Parking, Attached, Garage, Garage Door Opener, RV Access/Parking
Attached Garage Yes
Exterior & Lot
Exterior Features Built-in Barbecue, Dog Run, Fire Pit, Outdoor Kitchen, Rain Gutters, RV Hookup
Lot Features Artificial Turf, Cul-De-Sac, Landscaped, Rolling Slope, Sloped Up, Wooded
View Mountain(s), Trees/Woods
Construction HardiPlank Type, Stone Veneer, Stucco
Roof Pitched, Tile
Foundation Slab
Utilities & Systems
Heating Fireplace(s), Natural Gas
Cooling Central Air
Financial
Annual Tax $16,850
HOA Fee $500 / Quarterly
HOA / Community Kenyon and associates
Schools
Elementary School Pleasant Valley
Middle School Marce Herz
High School Galena
HOA & Community
Community Amenities Gated
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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% ($520,000)
Home price
$2,600,000
Loan details
30-yr fixed, 6.5%
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