$325,000 Active Under Contract
205 Paddington Court
Reno, NV 89511
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
Virtual Tour

About This Property

St. James's Village - Premier One-Acre Homesite - Nestled at the end of a quiet cul-de-sac, this beautiful one-acre parcel offers the perfect canvas for your custom mountain estate. Backing to serene common area and surrounded by mature pines, the setting captures sweeping views of the Sierra Nevada Mountains and Washoe Valley. Enjoy the privacy and natural beauty of St. James's Village, a prestigious gated community in Galena Forest known for its tranquil tree-lined streets, walking paths, and spacious custom homesites. Design and build your dream home amid nature's beauty while remaining close to all the best of Northern Nevada—just 20 minutes to Mt. Rose Ski Resort, 30 minutes to the Reno-Tahoe International Airport, and 30 minutes to Lake Tahoe. The neighboring lot at 206 Paddington Ct. is also available separately, offering a rare opportunity to create your own multi-acre private retreat.

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

Listing Details

Status Active Under Contract
MLS # 250058131
Days on Market 205

Property History

Nov 12, 2025
Listed for sale
$325,000
Current
Pending
$325,000
Property Overview
Lot Size 1.00 acres
Property Type Land
Subdivision St James`S Village 1D
STR Jurisdiction Washoe County
APN 156-061-19
Exterior & Lot
Lot Features Cul-De-Sac, Level
View Mountain(s), Peek, Ski Resort, Trees/Woods, Valley
Financial
Annual Tax $922
HOA Fee $315 / Monthly
HOA / Community St. James's Village
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% ($65,000)
Home price
$325,000
Loan details
30-yr fixed, 6.5%
Request a Tour
Murat Gocmen
Murat Gocmen
Managing Broker
CA DRE# 02235314 NV B.1003327.LLC
(530) 317-0373

Send a Message

By submitting, you agree to our Terms of Service and Privacy Policy and consent to being contacted by Murat Gocmen.

Or call directly: (530) 317-0373