$1,400,000 Active
19 Glenhaven Drive
Reno, NV 89511
STR Status Unknown
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About This Property

Welcome to 19 Glenhaven Dr, an expansive 2.5-acre homesite graced with breathtaking mountain views, at Reno’s most prestigious new custom home community. For this unique buy-and-build opportunity, the homesite is paired with permit-ready plans for a 4,366-sqft custom residence and a skilled project team ready to begin construction quickly. Priced at $1.4M, the homesite comes complete with public water, sewer, natural gas, and electric hook-ups in place for your convenience., This uncommon property was hand-selected by the builder, architect, and project developer as the canvas for a bespoke 3-bedroom, 3.5-bathroom home inspired by sprawling Napa-stye ranch estates. The home features a gym/media room, an office that can easily convert to an additional en-suite bedroom, a covered outdoor kitchen, full landscaping, and an attached 4-car garage. Grand, vaulted spaces lift the living areas, allowing natural light to filter throughout the home, with sliding glass doors, oversized windows, and indoor-outdoor spaces that flow harmoniously. The use of simple and timeless modern materials such as light sand stucco finish, honed limestone, and standing-seam metal roofs aid to reinforce the agrarian character of the design. Cross-gabled forms provide an understated elegance for a relaxing, private refuge. This project represents an exclusive opportunity for the purchaser to work with one of Reno’s most esteemed custom homebuilders. With plans already Design Committee-approved and ready for permit submission, construction may begin quickly. The construction estimate for this one-of-a-kind residence is $3,475,000, subject to specific conditions and purchaser modifications. The total anticipated investment for this project is estimated at $4,875,000. Embrace the allure of modern luxury living in peaceful surroundings at Reno’s most exciting new private community. Please contact us to explore this exclusive buy-and-build package and make your mark at Glenhaven.

Listed by Leslie Davidson — Compass

Listing Details

Status Active
MLS # 240012638
Days on Market 679

Property History

Jul 26, 2024
Listed for sale
$1,400,000
Property Overview
Lot Size 2.50 acres
Property Type Land
APN 162-301-05
Exterior & Lot
Lot Features Gentle Sloping, Greenbelt, Landscaped, Corners Marked, Sidewalks, Storm Drains
View Mountain(s), Valley
Financial
Annual Tax $4,280
HOA Fee $350 / Monthly
HOA / Community Glenhaven HOA
Schools
Elementary School Lenz
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
From MLS listing data.
Home insurance
$0
Insurance estimate only — Tahoe wildfire-zone rates vary; get a local broker quote for accuracy.
Down payment
20% ($280,000)
Home price
$1,400,000
Loan details
30-yr fixed, 6.5%
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Kristina Mattson
Kristina Mattson
Broker - Owner
CA 01950662

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