$2,500,000 Active Under Contract
102 W Willis Lane
Reno, NV 89511
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
4 Beds
·
4.0 Baths
·
3,845 Sq Ft
Virtual Tour

About This Property

Located within the gated community of St. James's Village, this single-level mountain retreat offers exceptional privacy with direct access to miles of HOA-maintained hiking trails along Browns Creek and the surrounding Sierra landscape. Set on an oversized corner lot with sweeping views of Slide Mountain surrounded by mature pines and rear property open space. Soaring cathedral ceilings, expansive windows, solid hardwood flooring, and custom alder doors and cabinetry create a warm yet refined interior. At the heart of the great room, and a rare wood-burning fireplace serves as a striking focal point. The European-inspired kitchen features custom solid wood cabinetry, granite countertops, farmhouse sink, high-end Thermador and Miele appliances, and a breakfast bar. Recent upgrades include a Phillips Hue smart lighting system, new interior paint, new carpet in the bedrooms, and extensive landscaping. The private primary suite offers a peaceful retreat with vaulted ceilings, a gas fireplace, dual walk-in closets, and a spa-style bath. Ensuite guest bedrooms provide comfort and privacy, while the fourth bedroom is currently configured as a bonus/media room complete with a custom bar and Sub-Zero wine storage—perfect for entertaining or flexible guest use. The three-car garage is thoughtfully upgraded with epoxy floors, fresh paint, Pure water filtration system, and an instant hot water system. Outdoor living is designed for both relaxation and gathering, with multiple patios, indoor and outdoor surround sound, mature landscaping including fruit trees, copper heated gutters, engineered rooftop snow stays, large dog run, horseshoe pits, and a wood-fired oven. Ideally located just 30 minutes to Lake Tahoe, 15 minutes to Mt. Rose Ski Tahoe, and 25 minutes to Reno-Tahoe International Airport, this home offers a rare combination of privacy, design, and access to year-round adventure.

Listed by Soni Jackson — Sierra Sotheby's International

Listing Details

Status Active Under Contract
MLS # 260004631
Days on Market 21
Price/Sq Ft $650

Property History

Apr 17, 2026
Listed for sale
$2,500,000
Current
Pending
$2,500,000
Property Overview
Beds 4
Baths 4.0
Sq. Ft. 3,845
Lot Size 1.11 acres
Stories 1
Year Built 1996
Property Type Single Family Residence
Subdivision St James`S Village 1B
APN 046-133-01
Parking
Garage Spaces 3
Total Parking 3
Parking Features Attached, Garage, Garage Door Opener
Attached Garage Yes
Exterior & Lot
Exterior Features Dog Run, Rain Gutters
Lot Features Common Area, Landscaped, Level, Sprinklers In Front, Sprinklers In Rear
View Mountain(s), Trees/Woods
Construction Stone Veneer, Stucco
Roof Pitched, Tile
Foundation Crawl Space
Utilities & Systems
Heating Natural Gas
Cooling Central Air
Financial
Annual Tax $8,099
HOA Fee $370 / Monthly
HOA / Community Saint James
Schools
Elementary School Hunsberger
Middle School Marce Herz
High School Galena
HOA & Community
Community Amenities Gated, Management
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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% ($500,000)
Home price
$2,500,000
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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