$2,200,000 Active
3166 Vista Favoloso
Reno, NV 89519
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
4 Beds
·
4.5 Baths
·
4,939 Sq Ft
Virtual Tour

About This Property

Tucked within the prestigious Villagio community, 3166 Vista Favoloso is a European inspired, private gated communtiy. This stunning Italian Villa home built in 2017, offers refined luxury and security in a tranquil and beautiful setting. This home features four spacious en-suite bedrooms, a casita, and a living area of 4,939 square feet. Thoughtfully designed with luxury spaces, including a courtyard, the primary bedroom, kitchen and great room on the main level, this home features plastered walls with unique faux painting. It combines villa elegance, timeless style, comfort and functionality. At the heart of the house is a spacious layout with high ceilings, a lovely gas fireplace, and a beautiful kitchen that caters to both casual meals and gourmet dining. The home has tile flooring throughout, knotty alder wood doors, encased alder windows, exquisite hand-forged lighting fixtures and spectacular stone walls. The wide hallways and wide doors make the space feel warm and comfortable. Located in the premier southwest area of Reno, this home offers luxury and stunning mountain views. This home is by far the most beautiful in the coveted Villagio complex. In addition to the separate guest quarters or office casita, this home features awe-inspiring elegance and upgrades in every room, along with a downstairs TV room, laundry area and a full-service bar. A covered patio with a stunning private mountain view on the lower level also enhances the property, making this home ideal for multigenerational and family living. A beautiful tile roof, upgraded double-pane windows, a low-maintenance, well-landscaped yet stunning outdoor yard, with just the right amount of lawn and space, along with an exquisite stucco and stone exterior, including water features and an outdoor fire pit, all contribute to the timeless appeal You will not be disappointed when you view this stunning property. No sign on property.

Listed by Colleen Capurro — Dickson Realty - Caughlin

Listing Details

Status Active
MLS # 250056810
Days on Market 211
Price/Sq Ft $445

Property History

Oct 08, 2025
Listed for sale
$2,200,000
Property Overview
Beds 4
Baths 4.5
Sq. Ft. 4,939
Lot Size 0.31 acres
Stories 2
Year Built 2017
Property Type Single Family Residence
Subdivision Villagio Della Montagna Phase 2
APN 042-491-05
Parking
Garage Spaces 3
Total Parking 3
Parking Features Attached, Garage, Garage Door Opener
Attached Garage Yes
Exterior & Lot
Exterior Features Balcony, Fire Pit, Rain Gutters
Lot Features Landscaped, Level, Sprinklers In Front, Sprinklers In Rear
View Valley
Construction Frame, Stone Veneer, Stucco
Roof Tile
Foundation Crawl Space
Utilities & Systems
Heating Forced Air, Natural Gas
Cooling Central Air
Financial
Annual Tax $15,171
HOA Fee $270 / Monthly
HOA / Community Villagio
Schools
Elementary School Huffaker
Middle School Pine
High School Reno
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
Home insurance
$0
Estimate only — wildfire zone rates vary. Contact a local broker for an accurate quote.
Down payment
20% ($440,000)
Home price
$2,200,000
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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