$1,750,000 Active
27 Glenhaven Drive
Reno, NV 89511
STR Status Unknown
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About This Property

Discover 27 Glenhaven Dr, an exclusive buy-and-build opportunity at Reno’s most sought-after new custom home community. This unique offering pairs a prime 2.5-acre homesite with conceptual plans for a 6,772-sqft bespoke residence. With stunning Mt. Rose views, direct creek access, and a generous building area, this homesite is priced at $1.75M and will be delivered with water, sewer, electric and natural gas connections in place., The vision for this singular residence was deeply influenced by the unique character of the Nevada highlands, allowing the natural landscape to inform the design. The layout and spaces of the home are thoughtfully integrated with the environment, ensuring a harmonious connection with nature and its vistas. The material palette, chosen for its durability, beauty, and honesty, complements this intimate relationship, creating a residence that is not just a shelter but a living extension of the land itself. Shou Sugi Ban burnished timber, hot-rolled steel, and board-form concrete provide muscularity, depth, and a timelessness grounded in nature to both the interior and exterior of the home. Designed for entertaining, the sprawling main home features 5 bedrooms, 5.5 bathrooms, a massive loft-like Great Room with open kitchen/dining areas, and a more intimate wine room and lounge area. Interior spaces connect directly to a large central courtyard area with multiple patio areas and a central swimming pool. An optional 1-bedroom guest house is connected to the main structure by timber beams, evoking a sense of both separation and connection. This project offers an exclusive opportunity to work with one of Reno's premier custom home builders, known for quality craftsmanship and exceptional client service. The construction estimate for this unique residence is $5,845,000, with a total anticipated investment of $7,545,000. Embrace modern luxury living in peaceful surroundings at Reno’s most exciting new private community. Contact us to explore this exclusive buy-and-build package at Glenhaven.

Listed by Leslie Davidson — Compass

Listing Details

Status Active
MLS # 240012641
Days on Market 679

Property History

Jul 26, 2024
Listed for sale
$1,750,000
Property Overview
Lot Size 2.57 acres
Property Type Land
APN 162-301-09
Exterior & Lot
Lot Features Gentle Sloping, Greenbelt, Landscaped, Corners Marked, Sidewalks, Storm Drains
View Mountain(s), Valley
Utilities & Systems
Water Source Thomas Creek
Financial
Annual Tax $4,263
HOA Fee $350 / Monthly
HOA / Community Glenhaven HOA
Schools
Elementary School Lenz
Middle School Marce Herz
High School Galena
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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% ($350,000)
Home price
$1,750,000
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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