$859,000 Active Under Contract
531 Riverbed Circle
Reno, NV 89521
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
3 Beds
·
2.5 Baths
·
2,281 Sq Ft

About This Property

Meticulously maintained, this 2020-built Di Loreto Silverton Plan in TerReno at Damonte Ranch offers a thoughtfully designed floor plan, abundant natural light throughout, functional living and convenience to shopping and amenities. The open-concept great room opens through an upgraded 3-panel slider to a covered patio for true indoor-outdoor living and front-row seats to Northern Nevada's unforgettable sunset skies. Rare privacy and stunning views of Mt. Rose from the large, fully-fenced backyard, beautifully landscaped and complete with raised garden beds. The chef's kitchen features a large center island, separate pantry, and pristine KitchenAid appliances. The luxurious primary suite boasts a walk-in closet, dual vanities, oversized tile shower, and freestanding soaking tub. Exceptional storage throughout, including spacious finished attic storage above the garage. Other standout features include a tankless water heater, fiberglass entry doors with keyless entry, smart doorbell, and HOA-maintained xeriscape front landscaping. Miles of paved Damonte Ranch trails are right outside your door, with quick access to world-class skiing, hiking, mountain biking, boating, fishing, and golf. Approximate drive times from 531 Riverbed Circle: Reno-Tahoe International Airport: 15 minutes; Renown South Meadows Medical Center: 5-10 minutes; Downtown Reno: 15 minutes; Mt. Rose Ski Tahoe: 25 minutes; Incline Village / North Lake Tahoe: 40 minutes; Carson Valley: 40 minutes; Truckee, CA: 45 minutes; Palisades Tahoe: 55 minutes; South Lake Tahoe / Heavenly: 1 hour 15 minutes. A rare opportunity to own a truly like-new home, with all the polish of newer construction but without the wait — and in a location that puts the best of Reno, Lake Tahoe, and the Sierra right at your doorstep.

Listed by Jay Kenny — Dickson Realty - Caughlin

Listing Details

Status Active Under Contract
MLS # 260004980
Days on Market 14
Price/Sq Ft $377

Property History

Apr 24, 2026
Listed for sale
$859,000
Current
Pending
$859,000
Property Overview
Beds 3
Baths 2.5
Sq. Ft. 2,281
Lot Size 0.21 acres
Stories 1
Year Built 2020
Property Type Single Family Residence
Subdivision Damonte Ranch Village 21A
APN 143-332-14
Parking
Garage Spaces 3
Total Parking 3
Parking Features Attached, Garage, Garage Door Opener
Attached Garage Yes
Exterior & Lot
Exterior Features Rain Gutters, None
Lot Features Landscaped, Level, Sprinklers In Front, Sprinklers In Rear
View Mountain(s), Peek
Construction Frame, Stone, Stone Veneer, Stucco
Roof Composition, Pitched, Shingle
Foundation Slab
Utilities & Systems
Heating ENERGY STAR Qualified Equipment, Forced Air, Natural Gas
Cooling Central Air, ENERGY STAR Qualified Equipment
Financial
Annual Tax $5,398
HOA Fee $65 / Monthly
HOA / Community TerReno HOA
Schools
Elementary School JWood Raw
Middle School Depoali
High School Damonte
HOA & Community
Community Amenities Landscaping, 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% ($171,800)
Home price
$859,000
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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