$1,249,900 Active
469 Octate Circle
Reno, NV 89511
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
3 Beds
·
2.0 Baths
·
1,909 Sq Ft

About This Property

The ultimate Southwest Vistas residence! Elevated on a premium lot with 'end of cul-de-sac location' this stunning home features the most incredible 270-degree unobstructed panoramic views of the valley and Reno Sparks. The grounds have been meticulously landscaped, engineered, and intentionally designed to showcase jaw dropping views and multiple vignettes. The prime location, unique lot shape, and orientation of this property take advantage of awe inspiring views that are of the highest caliber. The kitchen is absolutely extraordinary and features an ensemble of high end finishes from around the world. The space exudes elegance, sophistication, and grandeur. The kitchen has been flawlessly remodeled features only begin with beautiful brazilian leathered granite counter tops and center island, counter to ceiling italian stone backsplash, copper vegetable sink, rustic exposed beam, built in undercounter microwave, custom claro walnut range hood, double oven, and a trio of vertical picture windows with black trim frames. This functional single level floor plan allows for seamless indoor outdoor flow and can accommodate a variety of lifestyles. The primary suite captures an abundance of natural light and has private french doors to the backyard. The resort quality backyard is nothing less than magnificent. You will find a firepit, gazebo, engineered retaining walls, drainage, flat usable space, and epic views. This home has experienced an enormous investment and is truly sublime. Do not miss your opportunity to start living your best life. This is a very rare offering!

Listed by Alexander Landeck — RE/MAX Professionals-Reno

Listing Details

Status Active
MLS # 260005873
Days on Market 1
Price/Sq Ft $655

Property History

May 11, 2026
Listed for sale
$1,249,900
Property Overview
Beds 3
Baths 2.0
Sq. Ft. 1,909
Lot Size 0.39 acres
Stories 1
Year Built 2000
Property Type Single Family Residence
Subdivision Southwest Vistas 3
APN 152-192-17
Parking
Garage Spaces 3
Total Parking 3
Parking Features Attached, Garage, Garage Door Opener
Attached Garage Yes
Exterior & Lot
Exterior Features Fire Pit, Rain Gutters
Lot Features Cul-De-Sac, Level, Sprinklers In Front, Sprinklers In Rear
View City, Mountain(s), Trees/Woods, Valley
Construction Stucco
Roof Pitched, Tile
Foundation Crawl Space
Utilities & Systems
Heating Fireplace(s), Forced Air, Natural Gas
Cooling Central Air, Electric
Financial
Annual Tax $5,474
HOA Fee $155 / Quarterly
HOA / Community Equus Southwest Vistas
Schools
Elementary School Lenz
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% ($249,980)
Home price
$1,249,900
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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