$1,110,000 Active Under Contract
15245 Callahan Road
Reno, NV 89511
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
3 Beds
·
2.0 Baths
·
2,056 Sq Ft
Virtual Tour

About This Property

Welcome to 15245 Callahan Rd. Reno, NV 89511 - A picturesque and meticulously maintained property that epitomizes the true meaning of a dream home. Nestled on a sprawling 1.03-acre lot, this stunning residence has undergone over $250k worth of hardscape and landscape work, transforming it into a natural oasis that exudes elegance and charm. As you approach the property, you'll be greeted by a well-kept paved driveway that leads to the front entrance. The meticulous attention to detail is evident in the..., paver retaining wall and ramp up to the front entrance, which adds a touch of grandeur to the exterior. The backyard is an entertainer's delight, featuring carefully placed lighting that illuminates the lush greenery and creates a magical ambiance during evenings spent under the stars. No expense was spared to ensure the landscape is vibrant and thriving. A state-of-the-art drip system, coupled with an extensive sprinkler network, covers the entire 1.03-acre property, ensuring that each tree, shrub, and perennial receives the perfect amount of care. Speaking of the greenery, the property boasts the addition of 200 native trees, shrubs, and perennials, further enhancing the natural beauty of the surroundings. Your privacy and security are of paramount importance, which is why a new driveway and privacy fence have been thoughtfully installed on the southern side of the property. Additionally, the installation of a four-camera Ring security system provides peace of mind and keeps a watchful eye on your haven. The outdoors of this property isn't just about aesthetics; it's a perfect blend of entertainment and relaxation. A new horseshoe pit offers hours of fun for family and friends, while a cozy picnic area with a park grill and metal picnic table awaits your culinary creations along with an outdoor sound system for the front and back of the home. And if you're an equestrian enthusiast, you'll be delighted to find a professionally installed corral, fencing, and barn that have water and electricity, which are sure to impress both you and your beloved horses. Inside, this home is a sanctuary of comfort and elegance. The interior has been thoughtfully updated, boasting repainted walls and trim that exude a fresh and modern feel. The garage is a testament to practicality, featuring moisture-resistant drywall, creating a functional and organized space for your vehicles and hobbies. The third car garage is a fully finished storage room that can easily be turned into a craft room or shop. The kitchen is a culinary artist's dream, equipped with brand-new appliances, including a washer, dryer, fridge, range, and oven. The master bath and shared spaces have been enhanced with contemporary light fixtures, elevating the overall ambiance. An added touch of luxury comes in the form of a serviced gas log fireplace, perfect for those cozy winter nights. To elevate your entertainment experience, a surround sound system has been integrated into the interior, and a new TV comes included with the house. Your comfort is a priority, which is why new exhaust fans have been installed in the bathrooms and laundry room, promoting excellent ventilation and maintaining a fresh atmosphere throughout the home. As an additional gesture of goodwill and with a full price offer, the current owners are graciously offering to include all appliances, furniture, electronics, lighting, tools, and lawn equipment, allowing you to transition seamlessly into this home. The barn on the property boasts electrical and water connections, making it a versatile space for your hobbies, storage, or workshop needs. Location-wise, this property is a true gem. Only 15 minutes away from Mt Rose Ski Resort and 20 minutes from the pristine shores of Lake Tahoe, it offers an endless array of outdoor activities year-round. And if city life beckons, downtown Reno is also a short 20-minute drive away. The modern conveniences of technology have not been overlooked, with a Google cloud

Listed by Hope Lewis — Keller Williams Group One Inc.

Listing Details

Status Active Under Contract
MLS # 230008571
Days on Market 1014
Price/Sq Ft $540

Property History

Jul 29, 2023
Listed for sale
$1,110,000
Current
Pending
$1,110,000
Property Overview
Beds 3
Baths 2.0
Sq. Ft. 2,056
Lot Size 1.03 acres
Stories 1
Year Built 1991
Property Type Single Family Residence
Subdivision Galena Terrace Estates 1
APN 045-541-22
Parking
Garage Spaces 3
Total Parking 3
Parking Features Attached, Garage Door Opener, RV Access/Parking
Attached Garage Yes
Exterior & Lot
Lot Features Gentle Sloping, Landscaped, Level, Sprinklers In Front, Sprinklers In Rear
View Mountain(s), Trees/Woods
Roof Pitched, Tile
Foundation Crawl Space
Utilities & Systems
Heating Forced Air, Propane
Cooling Central Air, Refrigerated
Financial
Annual Tax $3,370
Schools
Elementary School Hunsberger
Middle School Marce Herz
High School Galena
HOA & Community
Community Amenities None
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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
Home insurance
$0
Estimate only — wildfire zone rates vary. Contact a local broker for an accurate quote.
Down payment
20% ($222,000)
Home price
$1,110,000
Loan details
30-yr fixed, 6.5%
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Murat Gocmen
Murat Gocmen
Managing Broker
CA DRE# 02235314 NV B.1003327.LLC

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