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

St. James's Village - Expansive Mountain view! Positioned in one of the most scenic settings within St. James's Village, this one-acre homesite captures sweeping, unobstructed views of the Sierra Nevada mountains. Located at the end of a peaceful cul-de-sac, the property offers a tranquil and private environment surrounded by mature pines and natural open space—an ideal canvas for your custom mountain retreat. Enjoy the rare blend of privacy, beauty, and convenience in this gated Galena Forest community, where tree-lined streets and miles of walking paths wind through a pristine alpine landscape. Only 20 minutes to Mt. Rose Ski Resort, 30 minutes to Reno-Tahoe International Airport, and 30 minutes to Lake Tahoe. The adjacent lot at 205 Paddington Ct. is also available separately, presenting an opportunity to create a multi-acre estate in one of Reno's premier gated communities.

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

Listing Details

Status Active Under Contract
MLS # 250058132
Days on Market 205

Property History

Nov 12, 2025
Listed for sale
$325,000
Current
Pending
$325,000
Property Overview
Lot Size 1.01 acres
Property Type Land
Subdivision St James`S Village 1D
STR Jurisdiction Washoe County
APN 156-061-18
Exterior & Lot
Lot Features Cul-De-Sac, Greenbelt, Level
View Mountain(s), Peek, Ski Resort, 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
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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% ($65,000)
Home price
$325,000
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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