$425,000
Active
20500 Margaux Road
Reno, NV 89511
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
About This Property
Welcome to Montreux, Northern Nevada’s premier private golf community. This exceptional flat corner lot is nestled among tall pines with filtered views of the Jack Nicklaus Signature Golf Course and the Sierra Mountains. All utilities are underground, including electricity, natural gas, city water/sewer, telephone, and cable. Deed restricted for a single level home., Located just 20 minutes from Reno-Tahoe Airport, 15 minutes to Mt. Rose Ski Resort, and 35 minutes to Lake Tahoe. Enjoy easy access to Montreux’s world-class Clubhouse, tennis, fitness, pool, trails, and more. Single-level home required per CC&Rs. Club membership is optional and available separately.
Listed by Sullivan Neal Luxury Real Estate — Dickson Realty - Montreux
Listing Details
Status
Active
MLS #
250005051
Days on Market
414
Property History
Apr 17, 2025
Listed for sale
$425,000
Property Overview
Lot Size
0.47 acres
Property Type
Land
Subdivision
Montreux 4 South
STR Jurisdiction
Washoe County
APN
148-322-09
Exterior & Lot
Lot Features
Corner Lot, Greenbelt, Level, Wooded, Curbs
View
Mountain(s), Trees/Woods
Financial
Annual Tax
$2,986
HOA Fee
$1,600 / Quarterly
HOA / Community
IPM
Schools
Elementary School
Hunsberger
Middle School
Marce Herz
High School
Galena
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% ($85,000)
Home price
$425,000
Loan details
30-yr fixed, 6.5%
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