$2,875,000 Active
5700 Nordend Way
Reno, NV 89511
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
3 Beds
·
3.5 Baths
·
3,308 Sq Ft

About This Property

One of the best things about getting older is being sure of exactly what you need to be happy. You've learned that more house often means more maintenance, more stairs, and rooms no one ever goes into. The better luxury is a home that fits the way you live now: single-story, newer construction, manageable square footage, and close enough to walk to the club without feeling like you live in its parking lot. Oh, and "manageable square footage" doesn't mean privacy and airspace have ceased to matter; you don't want to sip cocktails looking at a brick wall, and never want to see your guests on their way to the bathroom or hear your neighbors playing Hand and Foot.***With this Montreux Chalet, you can remain blissfully ignorant of all that. It may take time (unless you're already a Montreuvian) to appreciate the enormous practical benefits of living within Montreux's coveted "inner circle": 90 seconds from the gate by car and six minutes to the clubhouse on foot. (The only dedicated walking path in the community is just steps away, too.) You won't know how the eastern orientation of this outdoor dining room keeps it calm and usable during Reno's fiercely windy summer afternoons—until you're chasing napkins around a friend's backyard one happy hour and realize, "This never happens at my house." It's below the tree line for added sunlight, sky, and wildfire safety, which you'll appreciate and then forget. But the privacy and quiet of having a meadow behind you, a brand-new (2025) kitchen, a view of Mt. Rose from the office, and a battery backup generator that seamlessly switches from the grid in milliseconds (you won't even have to reset the clocks) will be immediately apparent. And if golf is more a personality than a pastime for you, this home offers something that will make your golf geek grin: a dedicated simulator room where your swing can be honed, repaired, obsessed over, or entirely ruined in private, 365 days a year. Keep it and play any of two thousand of the world's most famous courses, no matter what the weather, or convert it to fitness, media, dining, workspace, or whatever else your life requires. There's a golf membership (see the offer guidelines in the documents section of the listing) and cart, too, so the full club lifestyle can commence as soon as the moving van pulls away.***Luxury house-hunting shouldn't be an endurance test. It took years of experience to know that satisfaction lies in having just what you need and nothing you don't. So how is it possible that—after all this—you must wrestle with the absurdly binary dilemma of choosing between living in a glorified Levittown with eight-hundred-dollar monthly HOA fees, or a 1993 ersatz villa with a daylight basement and a turret? Walk through these properly scaled, crisply architectural rooms, where the alpine landscape is never entirely outside. If you want to be closer still, sit in the sheltered outdoor dining room watching the squirrels watch you back. And feel your resistance begin to crumble.***Years ago, after a twenty-year-old cat died and their daughter left for college, the owners began feeding these squirrels. It was an arrangement that suited both owners and squirrels, so it endured. Now the squirrels believe it is their dining room and keep coming back. They could live elsewhere and be fine. But it is better here.

Listed by Robert Pierce — Allison James Estates & Homes

Listing Details

Status Active
MLS # 260006102
Price/Sq Ft $869

Property History

May 15, 2026
Listed for sale
$2,875,000
Property Overview
Beds 3
Baths 3.5
Sq. Ft. 3,308
Lot Size 0.39 acres
Stories 1
Year Built 2016
Property Type Single Family Residence
Subdivision Montreux 10
APN 148-173-05
Parking
Garage Spaces 3
Total Parking 3
Parking Features Attached, Garage, Garage Door Opener
Attached Garage Yes
Exterior & Lot
Exterior Features Rain Gutters
Lot Features Landscaped, Level, Sprinklers In Front, Sprinklers In Rear
View Meadow, Mountain(s), Peek
Construction Stone Veneer
Roof Shingle, Tile
Foundation Crawl Space, Full Perimeter, Pillar/Post/Pier
Utilities & Systems
Heating Forced Air, Natural Gas
Cooling Central Air, Electric
Financial
Annual Tax $13,654
HOA Fee $1,600 / Quarterly
HOA / Community Montreux
Schools
Elementary School Hunsberger
Middle School Marce Herz
High School Galena
HOA & Community
Community Amenities Landscaping, Management, Security
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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% ($575,000)
Home price
$2,875,000
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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