$1,399,000 Active
1205 Rhodes Road
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
·
3,026 Sq Ft

About This Property

Time to embrace a slower pace of life in this Currier and Ives inspired, 1-acre farmhouse horse property. Renovated and tenderly cared for by its owners of 24 years, this tranquil country haven features 3 BDs, 2.5 Baths, and 3,000 sq ft of living space all framed by the breathtaking, majestic views of Mt. Rose. Located just a 5 minute drive to the Sierra Summit Mall and 7 minutes to Thomas Creek Trail, this is your opportunity to forget about the bustle of everyday life without compromising on convenience. The interior boasts custom finishes and upgrades throughout, including a stunning primary suite complete with standalone jetted tub, two-sided fireplace, two walk-in closets, a spacious balcony, a custom designed shower, and views of the valley as well as a direct, picturesque view of Mt. Rose. Living areas feature warm hardwood and slate floors, windows and scenery galore, plenty of storage space, separate laundry room with washer/dryer included, and even a central vacuum system for increased comfortability; not to mention fresh paint throughout and a newly renovated guest bath! The kitchen comes equipped with a wine chiller, double ovens, an island, gas range, new refrigerator, and a beautiful garden window above the farmhouse sink. You'll find a comfortable, split level layout with special attention given to family gatherings, notably with the unique game room featuring karaoke stage and saloon style built-in bar, complete with kegerator fridge! Outside, you are welcomed by your own serene, park-like setting- Every corner of the exterior provides its own purpose and charm. You'll find a wood railed front porch, a large backyard deck off the kitchen, a quaint, fenced-in garden with apple tree & drip system, a spacious, fenced dog run with insulated dog house, custom curbing, and even an adjacent workshop along the garage. Nestled on a beautiful, mature one acre parcel, this horse property also boasts a five stall barn with plenty of room for indoor hay storage, cross ties, Nelson automatic waterers, attached corner hay-feeders with grain pockets, fans and misters in each stall, a spacious tack room with built in saddle racks, bridle posts, and 440 fencing all around. No horse trailer? No problem! Just ride out of your driveway and you are in the hills. Not a hill rider? Take a ride through this peaceful neighborhood instead. Not a horse person at all? The stalls in the barn can be removed and the barn can be turned into a massive shop. No matter your preference, this property has you covered! This house is a country lover's dream, just a handful minutes away from the conveniences of the City. Come see this stunning property for yourself to experience all it has to graciously offer!

Listed by Stefano Hristov — Marmot Properties, LLC

Listing Details

Status Active
MLS # 260005730
Days on Market 1
Price/Sq Ft $462

Property History

May 08, 2026
Listed for sale
$1,399,000
Property Overview
Beds 3
Baths 2.5
Sq. Ft. 3,026
Lot Size 1.01 acres
Stories 2
Year Built 1982
Property Type Single Family Residence
APN 017-400-08
Parking
Garage Spaces 2
Total Parking 9
Parking Features Additional Parking, Attached, Garage, Garage Door Opener
Attached Garage Yes
Exterior & Lot
Exterior Features Balcony, Dog Run, Rain Gutters
Lot Features Landscaped, Sprinklers In Front, Sprinklers In Rear
View Desert, Mountain(s), Valley
Construction Block, Frame
Roof Pitched, Shingle
Foundation Crawl Space
Utilities & Systems
Heating Baseboard, Fireplace(s), Forced Air, Propane, Radiant
Cooling Central Air, Evaporative Cooling
Financial
Annual Tax $4,104
Schools
Elementary School Pleasant Valley
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% ($279,800)
Home price
$1,399,000
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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