$3,150,000 Active
1965 Palmira Drive
Reno, NV 89511
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
4 Beds
·
3.0 Baths
·
4,192 Sq Ft

About This Property

Tucked away at the end of a picturesque, tree-lined 385± foot driveway, this extraordinary 2.5-acre country retreat offers a rare blend of privacy, serenity, and refined living. Surrounded by lush grounds and sweeping pastoral views, the property feels like a world of its own—yet remains conveniently central. Thoughtfully remodeled home exudes quiet elegance with vaulted ceilings, solid oak floors, custom built-ins, and expansive windows that flood the interiors with natural light. At the heart of the home, the beautifully designed kitchen is both functional and stunning, featuring Carrera marble countertops, a walnut-inset island, and premium Viking, Bosch, and Thermador appliances, complemented by dual dishwashers and an oversized pantry. The open-concept layout flows effortlessly through spacious living and dining areas into a welcoming family room, ideal for both everyday comfort and entertaining. Mudroom highlights dual washers and dryers, built in cabinets and shelves and sink. Step outside onto the expansive deck to take in breathtaking views, gather around the gas fire pit, or explore the enchanting grounds—complete with a mature orchard (apple, plumb, cherry, apricot, peach, pear trees and elderberry shrubs) lush pasture, henhouse, and a magnificent weeping willow tree. 3.40 acre feet of water rights from Steamboat Creek providing water to the orchard and pasture. There is a remarkable attached 8 car, 1845sq.ft. garage filled with natural light. With no HOA, unmatched privacy, and exceptional amenities throughout, this one-of-a-kind property invites you to embrace a truly special lifestyle.

Listed by Alan Hoffman — HomeGate Realty of Reno

Listing Details

Status Active
MLS # 260004447
Days on Market 28
Price/Sq Ft $751

Property History

Apr 14, 2026
Listed for sale
$3,150,000
Property Overview
Beds 4
Baths 3.0
Sq. Ft. 4,192
Lot Size 2.50 acres
Stories 1
Year Built 1988
Property Type Single Family Residence
APN 044-281-03
Parking
Garage Spaces 8
Total Parking 8
Parking Features Additional Parking, Attached, Garage, Garage Door Opener, RV Access/Parking
Attached Garage Yes
Exterior & Lot
Exterior Features Awning(s), Fire Pit, Rain Gutters
Lot Features Flag Lot, Gentle Sloping, Landscaped, Level, Pasture, Sprinklers In Front, Sprinklers In Rear
View Mountain(s), Trees/Woods
Construction Masonite, Stucco
Roof Composition, Metal, Pitched, Shingle
Foundation Crawl Space
Utilities & Systems
Heating Baseboard, Forced Air, Heat Pump, Oil, Pellet Stove, Radiant
Cooling Attic Fan, Central Air, Electric
Financial
Annual Tax $6,935
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
Home insurance
$0
Estimate only — wildfire zone rates vary. Contact a local broker for an accurate quote.
Down payment
20% ($630,000)
Home price
$3,150,000
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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