$485,000 Active
20647 Chanson Way
Reno, NV 89511
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.

About This Property

Rare opportunity to own a prime homesite in Montreux’s upscale Parc Foret community! This choice lot was one of the very 1st purchased when the development was originally released. Nestled in the tall pines, this generous .34-acre site adjoins a large greenbelt w/ glorious forest & mountain views. All utilities are underground & there is complete construction flexibility – Buy Now, Build Later., Vacant custom, flat lot. All utilities are underground, including county sewer & water, telephone, electricity and cable TV. Montreux is a private, gated golf course community located between Reno and Lake Tahoe. The luxury homes in this community surround the 18-hole, Jack Nicklaus Signature Championship Course (Par 72), a world-class Clubhouse, walking trails, tennis, pool, Fitness Center. If built upon, Restrictive Covenant requires that the home be “architecturally compatible” with the homes in Parc Foret.

Listed by Sullivan Neal Luxury Real Estate — Dickson Realty - Montreux

Listing Details

Status Active
MLS # 220001962
Days on Market 1539

Property History

Sep 25, 2025
Listed for sale
$485,000
Property Overview
Lot Size 0.34 acres
Property Type Land
Subdivision Montreux 5 South
STR Jurisdiction Washoe County
APN 148-413-07
Exterior & Lot
Lot Features Greenbelt, Level, Corners Marked, Curbs
View Mountain(s), Park/Greenbelt, Ski Resort, Trees/Woods
Financial
Annual Tax $1,010
HOA Fee $1,600 / Quarterly
HOA / Community IPM
Schools
Elementary School Hunsberger
Middle School Marce Herz
High School Galena
📊

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% ($97,000)
Home price
$485,000
Loan details
30-yr fixed, 6.5%
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Murat Gocmen
Murat Gocmen
Managing Broker
CA DRE# 02235314 NV B.1003327.LLC
(530) 317-0373

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