$1,300,000 Active Under Contract
1527 Elk Run Trail
Reno, NV 89523
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
4 Beds
·
3.5 Baths
·
3,111 Sq Ft

About This Property

Positioned within one of Somersett's most desirable enclaves, this home offers a refined balance of privacy, thoughtful design, and elevated indoor-outdoor living. Designed for those who value both comfort and lifestyle, the home blends clean architectural lines with a natural connection to its surroundings. Expansive windows invite in natural light while framing the landscape, creating a sense of openness without sacrificing privacy. The main living areas are both functional and inviting, offering a seamless flow ideal for everyday living and entertaining. The kitchen anchors the home, connecting effortlessly to the surrounding spaces and creating a natural gathering point. The outdoor environment is where this property truly distinguishes itself. Thoughtfully designed and beautifully maintained, the backyard feels like a private retreat. A covered patio extends the living space, allowing for year-round enjoyment, while multiple seating areas create a layered experience for both relaxation and entertaining. A custom waterfall feature adds a sense of movement and calm, elevating the entire setting. From quiet mornings to evenings under the lights, the space is designed to be experienced—not just seen. A detached casita adds flexibility and privacy, offering an ideal space for guests, extended stays, or a dedicated home office. Separate from the main residence, it enhances both functionality and long-term versatility. The primary suite provides a quiet retreat, while additional interior spaces adapt easily to guests, work, or everyday living. Set within Somersett, residents enjoy access to a lifestyle defined by golf, scenic trails, mountain views, and a strong sense of community. The neighborhood offers a rare combination of natural beauty and established character. 1527 Elk Run Trail is more than a home, it's a complete living experience, where thoughtful design, outdoor space, and community come together in one of Reno's most sought-after settings

Listed by Karen Falcocchia — Ferrari-Lund Real Estate Reno

Listing Details

Status Active Under Contract
MLS # 260004279
Days on Market 35
Price/Sq Ft $418

Property History

Apr 10, 2026
Listed for sale
$1,300,000
Current
Pending
$1,300,000
Property Overview
Beds 4
Baths 3.5
Sq. Ft. 3,111
Lot Size 0.24 acres
Stories 2
Year Built 2020
Property Type Single Family Residence
Subdivision Sbe 64 @ Somersett
APN 234-611-36
Parking
Garage Spaces 3
Total Parking 3
Parking Features Attached, Garage, Garage Door Opener, Tandem
Attached Garage Yes
Exterior & Lot
Exterior Features Fire Pit, Outdoor Kitchen, Rain Gutters
Lot Features Artificial Turf, Landscaped, Sloped Up
View Mountain(s)
Construction Stucco
Roof Tile
Foundation Crawl Space
Utilities & Systems
Heating Fireplace(s), Forced Air, Natural Gas
Cooling Central Air
Financial
Annual Tax $8,621
HOA Fee $262 / Monthly
HOA / Community Somersett Homeowner Association
Schools
Elementary School Westergard
Middle School Billinghurst
High School McQueen
HOA & Community
Community Amenities Clubhouse, Elevator(s), Fitness Center, Gated, Golf Course, Landscaping, Life Guard, Parking, Pool, Recreation Room, Sauna, Spa/Hot Tub, Tennis Court(s)
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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% ($260,000)
Home price
$1,300,000
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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