$1,839,980 Active
1005 Joy Lake Road
Reno, NV 89511
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
3 Beds
·
2.5 Baths
·
3,520 Sq Ft

About This Property

Introducing a truly rare Galena Forest gem, where Tahoe serenity meets Reno convenience. This contemporary mountain retreat backs to National Forest land and captures the essence of indoor-outdoor living, with soaring cathedral ceilings, floor-to-ceiling windows, and two dramatic 10-foot stackable sliders opening to an expansive wraparound entertaining deck complete with hot tub. Step directly from your property onto Galena Creek trails and into endless pines. Designed for both comfort and sophistication, the chef's kitchen features Viking and Fisher & Paykel appliances, oversized island with seating, and warm contemporary finishes throughout. Two fireplaces (one brand new gas insert), heated bathroom floors, bonus flex spaces for office or 4th bedroom, newer tankless water heater, furnace, backup generator, fresh epoxy garage floors and newly installed heat tape for easy snow melt. Live immersed in mountain beauty while remaining minutes to South Reno dining, shopping, healthcare, Reno-Tahoe International Airport, world-class skiing, golf, and Lake Tahoe. For those seeking the elevated Sierra lifestyle with city access, this is the definition of having both.

Listed by Jena Lanini — Coldwell Banker Select Mt Rose

Listing Details

Status Active
MLS # 260004942
Days on Market 17
Price/Sq Ft $523

Property History

Apr 23, 2026
Listed for sale
$1,839,980
Property Overview
Beds 3
Baths 2.5
Sq. Ft. 3,520
Lot Size 0.51 acres
Stories 2
Year Built 1985
Property Type Single Family Residence
Subdivision Galena Forest Estates 1
APN 047-051-08
Parking
Garage Spaces 2
Total Parking 2
Parking Features Attached, Garage, Garage Door Opener
Attached Garage Yes
Exterior & Lot
Exterior Features None
Lot Features Adjoins BLM/BIA Land, Landscaped, Level, Wooded
View Trees/Woods
Roof Pitched, Tile
Foundation Crawl Space
Utilities & Systems
Heating Electric, ENERGY STAR Qualified Equipment, Fireplace(s), Forced Air, Propane, Radiant Floor
Cooling Central Air, Electric, ENERGY STAR Qualified Equipment
Financial
Annual Tax $6,484
HOA Fee $175 / Annually
HOA / Community Galena Forest Estates
Schools
Elementary School Hunsberger
Middle School Marce Herz
High School Galena
HOA & Community
Community Amenities None
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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% ($367,996)
Home price
$1,839,980
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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