$1,110,000 Active Under Contract
5540 E Hidden Valley Drive
Reno, NV 89502
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
3 Beds
·
2.5 Baths
·
2,478 Sq Ft
Virtual Tour

About This Property

A rare find in the highly sought-after Hidden Valley golf community, this "magical" single-story home blends timeless charm with modern updates. Built in 1977 and thoughtfully refreshed for today's lifestyle, the 2,478 sq ft layout offers exceptional flexibility, including true Next Gen potential—something seldom found in this established neighborhood. The home welcomes you with a beautiful entry leading to an inviting bar area complete with a wine refrigerator and French doors that open to a serene paver patio. The heart of the home is the expansive great room, seamlessly connecting the updated kitchen, dining, and living areas. The kitchen features newer appliances, an upgraded sink, cabinet pull-outs, a gas cooktop, and a stunning Taj Mahal quartzite island. A striking fireplace anchors the living space, while the large window showcases breathtaking Mt. Rose views—also enjoyed from the front porch (with a cup of coffee) and primary suite. This 3-bedroom home includes a spacious primary suite with an oversized walk-in closet (every girl's dream) and a private bath. A secondary en-suite bedroom offers incredible versatility with room for both sleeping and sitting areas—ideal for guests, multi-generational living, hobbies, or a private retreat. At the front of the house the third bedroom can easily be used as a den/office. The sellers will leave the wardrobe being used as a closet. Additional highlights include two circular driveways (front and rear access via St. Andrews Dr.), an oversized heated 3-car garage, and ample RV parking. The backyard is a true oasis, featuring mature trees, privacy, and a peaceful paver patio—perfect for relaxing or entertaining. IF wide streets, friendly walkers, wild horses, community garage sales and the best community Christmas lights show in town sounds like your kind of living, then this is a must see. This IS a one-of-a-kind opportunity to own a beautifully updated home in one of the area's most cherished communities.

Listed by Kristen Gil — Dickson Realty - Sparks

Listing Details

Status Active Under Contract
MLS # 260005013
Days on Market 13
Price/Sq Ft $448

Property History

Apr 24, 2026
Listed for sale
$1,110,000
Current
Pending
$1,110,000
Property Overview
Beds 3
Baths 2.5
Sq. Ft. 2,478
Lot Size 0.43 acres
Stories 1
Year Built 1977
Property Type Single Family Residence
Subdivision Hidden Valley 1
APN 051-292-03
Parking
Garage Spaces 3
Total Parking 3
Parking Features Additional Parking, Attached, Garage, Garage Door Opener, Heated Garage, RV Access/Parking
Attached Garage Yes
Exterior & Lot
Exterior Features Rain Gutters
Lot Features Landscaped, Level, Sloped Down
View Mountain(s), Valley
Construction Brick, Stucco
Roof Composition, Shingle
Foundation Crawl Space
Utilities & Systems
Heating Forced Air, Natural Gas
Cooling Central Air
Financial
Annual Tax $2,912
Schools
Elementary School Hidden Valley
Middle School Pine
High School Wooster
📊

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% ($222,000)
Home price
$1,110,000
Loan details
30-yr fixed, 6.5%
Request a Tour
Murat Gocmen
Murat Gocmen
Managing Broker
CA DRE# 02235314 NV B.1003327.LLC

Send a Message

Or call directly: (530) 317-0373